The Meadows, Burringham, Scunthorpe, DN17

Street Guide For The Meadows, Burringham, Scunthorpe, DN17

 

The Meadows, Burringham, Scunthorpe, DN17 Map

Estimated Price: £120,265
Average Asking Price: £166,031
Price change in last one year: £7,889
Average Price Paid: £91,162
Average Rent Rates: £653

 

Property Prices Breakdown in The Meadows, Burringham, Scunthorpe, DN17

Average Price for property in The Meadows, Burringham, Scunthorpe, DN17 is around £120,265 which varies based on type of property you are interested in and ranges from £132,024 for detached house to around £117,442 for semi-detached. Values have been changing and have risen £318 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,948 in last 6 months, £7,889 in last 1 year, £10,887 in last 2 years, £11,106 in last 3 years, £7,924 in last 4 years and £6,646 in last 5 years.

Currently average asking price of a property in The Meadows, Burringham, Scunthorpe, DN17 is around £166,031 based on approximately 3 properties for sale. Same is the case with rental options based on 54 properties up for rent, average asking rent is around £653 per month.

Estimated property value in The Meadows, Burringham, Scunthorpe, DN17 is £120,265. Average asking price is £166,031 while average price paid is £94,166 which is up by £7,889 and Avg. asking rent £653.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in The Meadows, Burringham, Scunthorpe, DN17 area. In last 1 year alone average price buyer paid is around £94,166 based on approximately 3 sales in The Meadows, Burringham, Scunthorpe, DN17 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £93,437. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £91,162 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £94,237 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £69,950, £102,314 for a 2 bedroom house, £126,679 for a 3 bedroom house, £212,552 for a 4 bedroom house and £277,171 for a 5 bedroom house. For a flat similarly the prices varies from £58,315 for a single bedroom to £60,491 for a 2 bedroom Flat. To sum up the asking prices for properties in The Meadows, Burringham, Scunthorpe, DN17 it comes to around average £61,224 for 1 bedroom property, £96,339 for 2 bedroom, £126,679 for 3 bedroom, £212,552 for 4 bedroom and £277,171 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £414 for 2 bedroom to £496 for 3 bedroom, £676 for 4 bedroom and £1,248 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £353. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £410 and £399 for 3 bedroom. You should be generally be expecting around average £353 rent per month for single bedroom property, £413 for 2 bedroom, £489 for 3 bedroom, £676 for 4 bedroom and approximately £1,248 for a 5 bedroom property in The Meadows, Burringham, Scunthorpe, DN17 area.

Popular Houses in The Meadows, Burringham, Scunthorpe, DN17

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around The Meadows, Burringham, Scunthorpe, DN17