George Street, Mablethorpe, LN12

Street Guide For George Street, Mablethorpe, LN12

 

George Street, Mablethorpe, LN12 Map

Estimated Price: £118,046
Average Asking Price: £163,888
Price change in last one year: £8,774
Average Price Paid: £93,018
Average Rent Rates: £394

 

Property Prices Breakdown in George Street, Mablethorpe, LN12

Average Price for property in George Street, Mablethorpe, LN12 is around £118,046 which varies based on type of property you are interested in and ranges from £141,451 for detached house to around £105,368 for semi-detached. Similarly terraced house is around £88,228 and a flat is worth £79,847. Values have been changing and have risen £1,280 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,163 in last 6 months, £8,774 in last 1 year, £15,791 in last 2 years, £14,242 in last 3 years, £10,930 in last 4 years and £12,144 in last 5 years.

Currently average asking price of a property in George Street, Mablethorpe, LN12 is around £163,888 based on approximately 5 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £394 per month.

Estimated property value in George Street, Mablethorpe, LN12 is £118,046. Average asking price is £163,888 while average price paid is £83,800 which is up by £8,774 and Avg. asking rent £394.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 George Street, Mablethorpe, LN12 area. In last 1 year alone average price buyer paid is around £83,800 based on approximately 5 sales in George Street, Mablethorpe, LN12 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £93,785. 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 £93,018 for 24 and average amount paid for purchase of approx. 28 properties sold in last 7 years comes to about £93,007 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 £42,667, £113,341 for a 2 bedroom house, £174,391 for a 3 bedroom house, £212,358 for a 4 bedroom house and £247,499 for a 5 bedroom house. For a flat similarly the prices varies from £41,650 for a single bedroom to £75,480 for a 2 bedroom Flat. To sum up the asking prices for properties in George Street, Mablethorpe, LN12 it comes to around average £42,158 for 1 bedroom property, £108,225 for 2 bedroom, £174,391 for 3 bedroom, £212,358 for 4 bedroom and £247,499 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 £351 for 1 bedroom to £425 for 2 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £451. You should be generally be expecting around average £351 rent per month for single bedroom property and approximately £438 for 2 bedroom property in George Street, Mablethorpe, LN12 area.

Popular Houses in George Street, Mablethorpe, LN12

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 George Street, Mablethorpe, LN12