Brigg

Area Guide For Brigg

Brigg is a little market town in North Lincolnshire, Britain, with a populace of 5,076 in 2,213 family units (2001 UK enumeration). The town lies at the intersection of the Waterway Ancholme and east-west transport courses crosswise over northern Lincolnshire. As an in the past critical neighborhood focus, the town's full name of Glanford Brigg is reflected in the encompassing range and nearby government area of the same name. The range of presentâ€"day Brigg has been utilized for a large number of years as both an intersection purpose of the Ancholme and for access to the waterway itself. A highway or breakwater likewise remained on the riverside amid the early Iron Age, in spite of the fact that its correct utilization is unverifiable. Amid the Old English Saxon period the region got to be known as Glanford. The second component of the name is not questioned, yet the source of the first component is vague. It is perhaps gotten from the Early English sparkle significance delight or celebration, and along these lines the full word is translated as "portage where games are held".

 
 

Brigg Map

Estimated Price: £175,125
Average Asking Price: £198,425
Price change in last one year: £16,505
Average Price Paid: £146,583
Average Rent Rates: £605

 
 

Property Prices Breakdown in Brigg

Average Price for property in Brigg is around £175,125 which varies based on type of property you are interested in and ranges from £220,612 for detached house to around £129,219 for semi-detached. Similarly terraced house is around £108,471 and a flat is worth £109,519. Values have been changing and have risen £3,320 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,793 in last 6 months, £16,505 in last 1 year, £17,188 in last 2 years, £17,420 in last 3 years, £18,523 in last 4 years and £18,561 in last 5 years.

Currently average asking price of a property in Brigg is around £198,425 based on approximately 249 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £605 per month.

Estimated property value in Brigg is £175,125. Average asking price is £198,425 while average price paid is £151,772 which is up by £16,505 and Avg. asking rent £605.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 Brigg area. In last 1 year alone average price buyer paid is around £151,772 based on approximately 249 sales in Brigg area alone. If you compare it to last 3 years sales of 698 properties where buyers paid around £149,333. 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 £146,583 for 1,099 and average amount paid for purchase of approx. 1,473 properties sold in last 7 years comes to about £147,459 per sale.

 
 

Properties For Sale in Brigg

 
 

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 £68,000, £130,113 for a 2 bedroom house, £165,309 for a 3 bedroom house, £254,883 for a 4 bedroom house and £373,112 for a 5 bedroom house. For a flat similarly the prices varies from £92,500 for a single bedroom to £116,632 for a 2 bedroom Flat. To sum up the asking prices for properties in Brigg it comes to around average £80,250 for 1 bedroom property, £129,020 for 2 bedroom, £165,309 for 3 bedroom, £254,883 for 4 bedroom and £373,112 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 £522 for 2 bedroom to £534 for 3 bedroom, £743 for 4 bedroom and £1,001 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £409. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £451. You should be generally be expecting around average £409 rent per month for single bedroom property, £522 for 2 bedroom, £528 for 3 bedroom, £743 for 4 bedroom and approximately £1,001 for a 5 bedroom property in Brigg area.

Popular Houses in Brigg

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.

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