Tong Lane, Tong, Bradford, BD4

Street Guide For Tong Lane, Tong, Bradford, BD4

 

Tong Lane, Tong, Bradford, BD4 Map

Estimated Price: £357,892
Average Asking Price: £151,189
Price change in last one year: £10,653
Average Price Paid: £224,059
Average Rent Rates: £650

 

Property Prices Breakdown in Tong Lane, Tong, Bradford, BD4

Average Price for property in Tong Lane, Tong, Bradford, BD4 is around £357,892 which varies based on type of property you are interested in and ranges from £435,500 for detached house to around £363,910 for semi-detached. Similarly terraced house is around £252,770. Values have been changing and have risen £2,714 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,267 in last 6 months, £10,653 in last 1 year, £25,853 in last 2 years, £24,894 in last 3 years, £15,234 in last 4 years and £14,847 in last 5 years.

Currently average asking price of a property in Tong Lane, Tong, Bradford, BD4 is around £151,189 based on approximately 3 properties for sale. Same is the case with rental options based on 59 properties up for rent, average asking rent is around £650 per month.

Estimated property value in Tong Lane, Tong, Bradford, BD4 is £357,892. Average asking price is £151,189 while average price paid is £232,500 which is up by £10,653 and Avg. asking rent £650.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 Tong Lane, Tong, Bradford, BD4 area. In last 1 year alone average price buyer paid is around £232,500 based on approximately 3 sales in Tong Lane, Tong, Bradford, BD4 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £212,916. 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 £224,059 for 13 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £226,184 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 £61,283, £78,457 for a 2 bedroom house, £122,072 for a 3 bedroom house, £174,179 for a 4 bedroom house and £182,474 for a 5 bedroom house. For a flat the prices of 2 bedroom is £73,300. To sum up the asking prices for properties in Tong Lane, Tong, Bradford, BD4 it comes to around average £61,283 for 1 bedroom property, £77,873 for 2 bedroom, £122,072 for 3 bedroom, £174,179 for 4 bedroom and £182,474 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 £378 for 1 bedroom to £422 for 2 bedrooms, £458 for 3 bedrooms, £670 for 4 bedrooms and £477 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £338. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £437. You should be generally be expecting around average £368 rent per month for single bedroom property, £428 for 2 bedroom, £458 for 3 bedroom, £670 for 4 bedroom and approximately £477 for a 5 bedroom property in Tong Lane, Tong, Bradford, BD4 area.

Popular Houses in Tong Lane, Tong, Bradford, BD4

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 Tong Lane, Tong, Bradford, BD4