Alder Drive, Tilehurst, Reading, RG31

Street Guide For Alder Drive, Tilehurst, Reading, RG31

 

Alder Drive, Tilehurst, Reading, RG31 Map

Estimated Price: £174,592
Average Asking Price: £357,335
Price change in last one year: £14,576
Average Price Paid: £142,375
Average Rent Rates: £1,558

 

Property Prices Breakdown in Alder Drive, Tilehurst, Reading, RG31

Average Price for property in Alder Drive, Tilehurst, Reading, RG31 is around £174,592 which varies based on type of property you are interested in and ranges from £168,190 for semi-detached to around £175,392 for a flat. Values have been changing and have risen £456 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,035 in last 6 months, £14,576 in last 1 year, £24,410 in last 2 years, £27,823 in last 3 years, £27,783 in last 4 years and £27,806 in last 5 years.

Currently average asking price of a property in Alder Drive, Tilehurst, Reading, RG31 is around £357,335 based on approximately 1 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £1,558 per month.

Estimated property value in Alder Drive, Tilehurst, Reading, RG31 is £174,592. Average asking price is £357,335 while average price paid is £165,000 which is up by £14,576 and Avg. asking rent £1,558.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 Alder Drive, Tilehurst, Reading, RG31 area. In last 1 year alone average price buyer paid is around £165,000 based on approximately 1 sales in Alder Drive, Tilehurst, Reading, RG31 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £146,000. 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 £142,375 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £142,375 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 £129,950, £228,725 for a 2 bedroom house, £344,442 for a 3 bedroom house, £495,528 for a 4 bedroom house and £631,667 for a 5 bedroom house. For a flat similarly the prices varies from £168,317 for a single bedroom to £185,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Alder Drive, Tilehurst, Reading, RG31 it comes to around average £158,725 for 1 bedroom property, £219,980 for 2 bedroom, £344,442 for 3 bedroom, £495,528 for 4 bedroom and £631,667 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 £425 for 1 bedroom to £1,349 for 3 bedroom and £2,074 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £904. You should be generally be expecting around average £425 rent per month for single bedroom property, £904 for 2 bedroom, £1,349 for 3 bedroom and approximately £2,074 for 5 bedroom property in Alder Drive, Tilehurst, Reading, RG31 area.

Popular Houses in Alder Drive, Tilehurst, Reading, RG31

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 Alder Drive, Tilehurst, Reading, RG31