Romney Street, Salford, M6

Street Guide For Romney Street, Salford, M6

 

Romney Street, Salford, M6 Map

Estimated Price: £73,795
Average Asking Price: £138,696
Price change in last one year: £6,379
Average Price Paid: £57,500
Average Rent Rates: £631

 

Property Prices Breakdown in Romney Street, Salford, M6

Average Price for property in Romney Street, Salford, M6 is around £73,795 which varies based on type of property you are interested in and ranges from £62,585 for semi-detached to around £74,162 for terraced house. Values have been changing and have risen £385 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,124 in last 6 months, £6,379 in last 1 year, £8,575 in last 2 years, £8,439 in last 3 years, £8,356 in last 4 years and £7,069 in last 5 years.

Currently average asking price of a property in Romney Street, Salford, M6 is around £138,696 based on approximately 1 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 Romney Street, Salford, M6 is £73,795. Average asking price is £138,696 while average price paid is £53,000 which is up by £6,379 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 Romney Street, Salford, M6 area. In last 1 year alone average price buyer paid is around £53,000 based on approximately 1 sales in Romney Street, Salford, M6 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £56,900. 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 £57,500 for 10 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £60,769 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 £93,217, £138,686 for a 3 bedroom house, £186,365 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 Romney Street, Salford, M6 it comes to around average £55,000 for 1 bedroom property, £91,242 for 2 bedroom, £137,032 for 3 bedroom, £186,365 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 Romney Street, Salford, M6 area.

Popular Houses in Romney Street, 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 Romney Street, Salford, M6