Tonford Lane, Canterbury, CT1

Street Guide For Tonford Lane, Canterbury, CT1

 

Tonford Lane, Canterbury, CT1 Map

Estimated Price: £255,478
Average Asking Price: £242,208
Price change in last one year: £17,036
Average Price Paid: £187,892
Average Rent Rates: £1,264

 

Property Prices Breakdown in Tonford Lane, Canterbury, CT1

Average Price for property in Tonford Lane, Canterbury, CT1 is around £255,478 which varies based on type of property you are interested in and ranges from £316,868 for detached house to around £245,162 for semi-detached. Similarly terraced house is around £221,928. Values have been changing and have risen £507 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,709 in last 6 months, £17,036 in last 1 year, £34,372 in last 2 years, £37,964 in last 3 years, £30,040 in last 4 years and £37,662 in last 5 years.

Currently average asking price of a property in Tonford Lane, Canterbury, CT1 is around £242,208 based on approximately 1 properties for sale. Same is the case with rental options based on 445 properties up for rent, average asking rent is around £1,264 per month.

Estimated property value in Tonford Lane, Canterbury, CT1 is £255,478. Average asking price is £242,208 while average price paid is £125,000 which is up by £17,036 and Avg. asking rent £1,264.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 Tonford Lane, Canterbury, CT1 area. In last 1 year alone average price buyer paid is around £125,000 based on approximately 1 sales in Tonford Lane, Canterbury, CT1 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £186,500. 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 £187,892 for 14 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £187,892 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 £75,000, £218,518 for a 2 bedroom house, £290,791 for a 3 bedroom house, £412,321 for a 4 bedroom house and £583,317 for a 5 bedroom house. For a flat similarly the prices varies from £138,964 for a single bedroom to £206,912 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £337,812. To sum up the asking prices for properties in Tonford Lane, Canterbury, CT1 it comes to around average £137,026 for 1 bedroom property, £211,886 for 2 bedroom, £300,958 for 3 bedroom, £412,321 for 4 bedroom and £583,317 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 £406 for 1 bedroom to £774 for 2 bedrooms, £1,107 for 3 bedrooms, £1,340 for 4 bedrooms and £1,852 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £735. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £970, £1,285 for 3 bedroom and £1,524 for 4 bedroom. You should be generally be expecting around average £524 rent per month for single bedroom property, £891 for 2 bedroom, £1,158 for 3 bedroom, £1,345 for 4 bedroom and approximately £1,852 for a 5 bedroom property in Tonford Lane, Canterbury, CT1 area.

Popular Houses in Tonford Lane, Canterbury, CT1

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 Tonford Lane, Canterbury, CT1