Thornley Lane South, Stockport, SK5

Street Guide For Thornley Lane South, Stockport, SK5

 

Thornley Lane South, Stockport, SK5 Map

Estimated Price: £114,977
Average Asking Price: £124,989
Price change in last one year: £5,225
Average Price Paid: £121,516
Average Rent Rates: £573

 

Property Prices Breakdown in Thornley Lane South, Stockport, SK5

Average Price for property in Thornley Lane South, Stockport, SK5 is around £114,977 which varies based on type of property you are interested in and ranges from £130,031 for detached house to around £136,326 for semi-detached. Similarly terraced house is around £112,522 and a flat is worth £71,816. Values have been changing and have risen £504 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £323 in last 6 months, £5,225 in last 1 year, £9,965 in last 2 years, £12,487 in last 3 years, £12,259 in last 4 years and £10,806 in last 5 years.

Currently average asking price of a property in Thornley Lane South, Stockport, SK5 is around £124,989 based on approximately 2 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £573 per month.

Estimated property value in Thornley Lane South, Stockport, SK5 is £114,977. Average asking price is £124,989 while average price paid is £113,125 which is up by £5,225 and Avg. asking rent £573.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 Thornley Lane South, Stockport, SK5 area. In last 1 year alone average price buyer paid is around £113,125 based on approximately 2 sales in Thornley Lane South, Stockport, SK5 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £118,604. 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 £121,516 for 15 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £115,622 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 £79,950, £107,125 for a 2 bedroom house, £123,637 for a 3 bedroom house, £193,075 for a 4 bedroom house and £125,000 for a 5 bedroom house. For a flat similarly the prices varies from £88,793 for a single bedroom to £96,889 for a 2 bedroom Flat. To sum up the asking prices for properties in Thornley Lane South, Stockport, SK5 it comes to around average £87,989 for 1 bedroom property, £106,194 for 2 bedroom, £123,637 for 3 bedroom, £193,075 for 4 bedroom and £125,000 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 £579 for 2 bedroom to £667 for 3 bedroom and £849 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £475. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £565. You should be generally be expecting around average £475 rent per month for single bedroom property, £576 for 2 bedroom, £667 for 3 bedroom and approximately £849 for 4 bedroom property in Thornley Lane South, Stockport, SK5 area.

Popular Houses in Thornley Lane South, Stockport, SK5

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 Thornley Lane South, Stockport, SK5