Weaste Lane, Salford, M5

Street Guide For Weaste Lane, Salford, M5

 

Weaste Lane, Salford, M5 Map

Estimated Price: £130,128
Average Asking Price: £148,869
Price change in last one year: £6,651
Average Price Paid: £107,636
Average Rent Rates: £755

 

Property Prices Breakdown in Weaste Lane, Salford, M5

Average Price for property in Weaste Lane, Salford, M5 is around £130,128 which varies based on type of property you are interested in and ranges from £219,236 for detached house to around £150,593 for semi-detached. Similarly terraced house is around £116,460. Values have been changing and have risen £158 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £366 in last 6 months, £6,651 in last 1 year, £10,390 in last 2 years, £10,582 in last 3 years, £12,962 in last 4 years and £8,200 in last 5 years.

Currently average asking price of a property in Weaste Lane, Salford, M5 is around £148,869 based on approximately 3 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £755 per month.

Estimated property value in Weaste Lane, Salford, M5 is £130,128. Average asking price is £148,869 while average price paid is £109,000 which is up by £6,651 and Avg. asking rent £755.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 Weaste Lane, Salford, M5 area. In last 1 year alone average price buyer paid is around £109,000 based on approximately 3 sales in Weaste Lane, Salford, M5 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £96,437. 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 £107,636 for 11 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £111,906 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 £92,625, £107,695 for a 2 bedroom house, £139,096 for a 3 bedroom house, £163,333 for a 4 bedroom house and £195,000 for a 5 bedroom house. For a flat similarly the prices varies from £94,086 for a single bedroom to £116,465 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £83,333 and £99,995 for a 4 bedroom flat. To sum up the asking prices for properties in Weaste Lane, Salford, M5 it comes to around average £93,964 for 1 bedroom property, £115,423 for 2 bedroom, £131,492 for 3 bedroom, £147,499 for 4 bedroom and £195,000 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 £316 for 1 bedroom to £849 for 2 bedrooms, £848 for 3 bedrooms, £667 for 4 bedrooms and £347 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £498. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £624 and £676 for 3 bedroom. You should be generally be expecting around average £377 rent per month for single bedroom property, £633 for 2 bedroom, £814 for 3 bedroom, £667 for 4 bedroom and approximately £347 for a 5 bedroom property in Weaste Lane, Salford, M5 area.

Popular Houses in Weaste Lane, Salford, M5

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 Weaste Lane, Salford, M5