New Lane, Eccles, Manchester, M30

Street Guide For New Lane, Eccles, Manchester, M30

 

New Lane, Eccles, Manchester, M30 Map

Estimated Price: £121,329
Average Asking Price: £183,241
Price change in last one year: £7,388
Average Price Paid: £85,299
Average Rent Rates: £677

 

Property Prices Breakdown in New Lane, Eccles, Manchester, M30

Average Price for property in New Lane, Eccles, Manchester, M30 is around £121,329 which varies based on type of property you are interested in and ranges from £141,149 for detached house to around £185,153 for semi-detached. Similarly terraced house is around £107,983 and a flat is worth £99,301. Values have been changing and have risen £46 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £170 in last 6 months, £7,388 in last 1 year, £11,491 in last 2 years, £10,044 in last 3 years, £12,969 in last 4 years and £9,366 in last 5 years.

Currently average asking price of a property in New Lane, Eccles, Manchester, M30 is around £183,241 based on approximately 2 properties for sale. Same is the case with rental options based on 86 properties up for rent, average asking rent is around £677 per month.

Estimated property value in New Lane, Eccles, Manchester, M30 is £121,329. Average asking price is £183,241 while average price paid is £185,000 which is up by £7,388 and Avg. asking rent £677.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 New Lane, Eccles, Manchester, M30 area. In last 1 year alone average price buyer paid is around £185,000 based on approximately 2 sales in New Lane, Eccles, Manchester, M30 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £141,250. 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 £85,299 for 10 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £78,103 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 £101,569, £122,393 for a 3 bedroom house, £254,759 for a 4 bedroom house and £532,268 for a 5 bedroom house. For a flat similarly the prices varies from £96,667 for a single bedroom to £101,650 for a 2 bedroom Flat. To sum up the asking prices for properties in New Lane, Eccles, Manchester, M30 it comes to around average £96,667 for 1 bedroom property, £101,588 for 2 bedroom, £122,393 for 3 bedroom, £254,759 for 4 bedroom and £532,268 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 £308 for 1 bedroom to £505 for 2 bedroom, £606 for 3 bedroom and £1,075 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £457. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £562. You should be generally be expecting around average £440 rent per month for single bedroom property, £542 for 2 bedroom, £606 for 3 bedroom and approximately £1,075 for 4 bedroom property in New Lane, Eccles, Manchester, M30 area.

Popular Houses in New Lane, Eccles, Manchester, M30

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 New Lane, Eccles, Manchester, M30