Lydney

Area Guide For Lydney

Lydney is a residential area and common ward in the English region of Gloucestershire. It is placed on the west bank of the River Severn, near to the Forest of Dean. The town lies on the A48, alongside the Lydney Park arrangements with its Roman sanctuary out of appreciation for Nodens. The populace was around 8,960 in the 2001 evaluation. The Severn Railway Bridge crossed simply north of Lydney from Purton to Sharpness on the eastern bank. Inherent the 1870s, it was harmed hopeless by a couple of oil tanker bursts in 1960. The freight boats hit Pier 17 cutting down two bowstring braces. There have been a few arrangements to restore the connection, most as of late in the late 1990s as a thousand years venture.

 
 

Lydney Map

Estimated Price: £246,160
Average Asking Price: £245,282
Price change in last one year: £16,161
Average Price Paid: £188,529
Average Rent Rates: £728

 
 

Property Prices Breakdown in Lydney

Average Price for property in Lydney is around £246,160 which varies based on type of property you are interested in and ranges from £332,210 for detached house to around £176,406 for semi-detached. Similarly terraced house is around £150,975 and a flat is worth £121,659. Values have been changing and have risen £565 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,437 in last 6 months, £16,161 in last 1 year, £34,407 in last 2 years, £22,882 in last 3 years, £11,452 in last 4 years and £20,293 in last 5 years.

Currently average asking price of a property in Lydney is around £245,282 based on approximately 269 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £728 per month.

Estimated property value in Lydney is £246,160. Average asking price is £245,282 while average price paid is £185,553 which is up by £16,161 and Avg. asking rent £728.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 Lydney area. In last 1 year alone average price buyer paid is around £185,553 based on approximately 269 sales in Lydney area alone. If you compare it to last 3 years sales of 717 properties where buyers paid around £182,327. 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 £188,529 for 1,097 and average amount paid for purchase of approx. 1,483 properties sold in last 7 years comes to about £188,330 per sale.

 
 

Properties For Sale in Lydney

 
 

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 £136,481, £147,468 for a 2 bedroom house, £229,457 for a 3 bedroom house, £296,390 for a 4 bedroom house and £502,338 for a 5 bedroom house. For a flat similarly the prices varies from £88,595 for a single bedroom to £124,999 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £114,995 and £99,950 for a 4 bedroom flat. To sum up the asking prices for properties in Lydney it comes to around average £106,008 for 1 bedroom property, £146,469 for 2 bedroom, £228,313 for 3 bedroom, £293,771 for 4 bedroom and £502,338 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 £491 for 1 bedroom to £550 for 2 bedrooms, £667 for 3 bedrooms, £624 for 4 bedrooms and £1,774 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £349. You should be generally be expecting around average £434 rent per month for single bedroom property, £550 for 2 bedroom, £667 for 3 bedroom, £624 for 4 bedroom and approximately £1,774 for a 5 bedroom property in Lydney area.

Popular Houses in Lydney

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.

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