Lancaster Road, Salford, M6

Street Guide For Lancaster Road, Salford, M6

 

Lancaster Road, Salford, M6 Map

Estimated Price: £167,614
Average Asking Price: £138,696
Price change in last one year: £15,315
Average Price Paid: £143,612
Average Rent Rates: £631

 

Property Prices Breakdown in Lancaster Road, Salford, M6

Average Price for property in Lancaster Road, Salford, M6 is around £167,614 which varies based on type of property you are interested in and ranges from £292,796 for detached house to around £164,740 for semi-detached. Similarly terraced house is around £144,032 and a flat is worth £136,434. Values have been changing and have risen £921 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,694 in last 6 months, £15,315 in last 1 year, £20,583 in last 2 years, £20,246 in last 3 years, £20,042 in last 4 years and £16,948 in last 5 years.

Currently average asking price of a property in Lancaster Road, Salford, M6 is around £138,696 based on approximately 10 properties for sale. Same is the case with rental options based on 152 properties up for rent, average asking rent is around £631 per month.

Estimated property value in Lancaster Road, Salford, M6 is £167,614. Average asking price is £138,696 while average price paid is £148,964 which is up by £15,315 and Avg. asking rent £631.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 Lancaster Road, Salford, M6 area. In last 1 year alone average price buyer paid is around £148,964 based on approximately 10 sales in Lancaster Road, Salford, M6 area alone. If you compare it to last 3 years sales of 21 properties where buyers paid around £148,173. 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 £143,612 for 28 and average amount paid for purchase of approx. 36 properties sold in last 7 years comes to about £135,948 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 £93,162, £138,102 for a 3 bedroom house, £188,340 for a 4 bedroom house and £356,238 for a 5 bedroom house. For a flat similarly the prices varies from £55,000 for a single bedroom to £84,527 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £72,500. To sum up the asking prices for properties in Lancaster Road, Salford, M6 it comes to around average £55,000 for 1 bedroom property, £91,257 for 2 bedroom, £136,375 for 3 bedroom, £188,340 for 4 bedroom and £356,238 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 £396 for 1 bedroom to £569 for 2 bedrooms, £605 for 3 bedrooms, £717 for 4 bedrooms and £1,039 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £404. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £552, £550 for 3 bedroom and £1,780 for 5 bedroom. You should be generally be expecting around average £398 rent per month for single bedroom property, £561 for 2 bedroom, £600 for 3 bedroom, £717 for 4 bedroom and approximately £1,241 for a 5 bedroom property in Lancaster Road, Salford, M6 area.

Popular Houses in Lancaster Road, Salford, M6

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 Lancaster Road, Salford, M6