Folly Lane, Swinton, Manchester, M27

Street Guide For Folly Lane, Swinton, Manchester, M27

 

Folly Lane, Swinton, Manchester, M27 Map

Estimated Price: £192,382
Average Asking Price: £153,248
Price change in last one year: £11,771
Average Price Paid: £166,449
Average Rent Rates: £623

 

Property Prices Breakdown in Folly Lane, Swinton, Manchester, M27

Average Price for property in Folly Lane, Swinton, Manchester, M27 is around £192,382 which varies based on type of property you are interested in and ranges from £302,616 for detached house to around £187,205 for semi-detached. Similarly terraced house is around £174,178 and a flat is worth £225,894. Values have been changing and have risen £416 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £835 in last 6 months, £11,771 in last 1 year, £17,636 in last 2 years, £19,916 in last 3 years, £19,986 in last 4 years and £17,331 in last 5 years.

Currently average asking price of a property in Folly Lane, Swinton, Manchester, M27 is around £153,248 based on approximately 4 properties for sale. Same is the case with rental options based on 82 properties up for rent, average asking rent is around £623 per month.

Estimated property value in Folly Lane, Swinton, Manchester, M27 is £192,382. Average asking price is £153,248 while average price paid is £171,206 which is up by £11,771 and Avg. asking rent £623.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 Folly Lane, Swinton, Manchester, M27 area. In last 1 year alone average price buyer paid is around £171,206 based on approximately 4 sales in Folly Lane, Swinton, Manchester, M27 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £159,667. 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 £166,449 for 26 and average amount paid for purchase of approx. 37 properties sold in last 7 years comes to about £164,260 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 £89,950, £102,511 for a 2 bedroom house, £143,040 for a 3 bedroom house, £246,747 for a 4 bedroom house and £284,677 for a 5 bedroom house. For a flat similarly the prices varies from £45,000 for a single bedroom to £87,480 for a 2 bedroom Flat. To sum up the asking prices for properties in Folly Lane, Swinton, Manchester, M27 it comes to around average £67,475 for 1 bedroom property, £99,313 for 2 bedroom, £143,040 for 3 bedroom, £246,747 for 4 bedroom and £284,677 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 £646 for 1 bedroom to £545 for 2 bedrooms, £676 for 3 bedrooms, £803 for 4 bedrooms and £1,049 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £425. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £495. You should be generally be expecting around average £498 rent per month for single bedroom property, £520 for 2 bedroom, £676 for 3 bedroom, £803 for 4 bedroom and approximately £1,049 for a 5 bedroom property in Folly Lane, Swinton, Manchester, M27 area.

Popular Houses in Folly Lane, Swinton, Manchester, M27

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 Folly Lane, Swinton, Manchester, M27