Underwood Lane, Crewe, CW1

Street Guide For Underwood Lane, Crewe, CW1

 

Underwood Lane, Crewe, CW1 Map

Estimated Price: £85,677
Average Asking Price: £181,921
Price change in last one year: £5,633
Average Price Paid: £76,156
Average Rent Rates: £904

 

Property Prices Breakdown in Underwood Lane, Crewe, CW1

Average Price for property in Underwood Lane, Crewe, CW1 is around £85,677 which varies based on type of property you are interested in and ranges from £119,641 for detached house to around £90,823 for semi-detached. Similarly terraced house is around £80,904. 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 £214 in last 6 months, £5,633 in last 1 year, £7,557 in last 2 years, £8,913 in last 3 years, £8,581 in last 4 years and £6,669 in last 5 years.

Currently average asking price of a property in Underwood Lane, Crewe, CW1 is around £181,921 based on approximately 11 properties for sale. Same is the case with rental options based on 101 properties up for rent, average asking rent is around £904 per month.

Estimated property value in Underwood Lane, Crewe, CW1 is £85,677. Average asking price is £181,921 while average price paid is £80,681 which is up by £5,633 and Avg. asking rent £904.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 Underwood Lane, Crewe, CW1 area. In last 1 year alone average price buyer paid is around £80,681 based on approximately 11 sales in Underwood Lane, Crewe, CW1 area alone. If you compare it to last 3 years sales of 31 properties where buyers paid around £76,254. 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 £76,156 for 41 and average amount paid for purchase of approx. 46 properties sold in last 7 years comes to about £76,421 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 2 bedroom is around £101,512, £132,774 for a 3 bedroom house, £263,232 for a 4 bedroom house and £354,727 for a 5 bedroom house. For a flat similarly the prices varies from £49,588 for a single bedroom to £84,119 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £90,000 and £184,950 for a 4 bedroom flat. To sum up the asking prices for properties in Underwood Lane, Crewe, CW1 it comes to around average £49,588 for 1 bedroom property, £99,552 for 2 bedroom, £132,037 for 3 bedroom, £262,009 for 4 bedroom and £354,727 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 £423 for 1 bedroom to £466 for 2 bedroom, £596 for 3 bedroom and £804 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £356. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £503 and £624 for 3 bedroom. You should be generally be expecting around average £373 rent per month for single bedroom property, £472 for 2 bedroom, £597 for 3 bedroom and approximately £804 for 4 bedroom property in Underwood Lane, Crewe, CW1 area.

Popular Houses in Underwood Lane, Crewe, CW1

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 Underwood Lane, Crewe, CW1