Balmore Drive, Caversham, Reading, RG4

Street Guide For Balmore Drive, Caversham, Reading, RG4

 

Balmore Drive, Caversham, Reading, RG4 Map

Estimated Price: £533,851
Average Asking Price: £754,922
Price change in last one year: £40,670
Average Price Paid: £421,250
Average Rent Rates: £1,249

 

Property Prices Breakdown in Balmore Drive, Caversham, Reading, RG4

Average Price for property in Balmore Drive, Caversham, Reading, RG4 is around £533,851 which varies based on type of property you are interested in and ranges from £444,111 for detached house to around £533,851 for semi-detached. Values have been changing and have risen £2,895 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,220 in last 6 months, £40,670 in last 1 year, £70,740 in last 2 years, £78,810 in last 3 years, £81,854 in last 4 years and £80,858 in last 5 years.

Currently average asking price of a property in Balmore Drive, Caversham, Reading, RG4 is around £754,922 based on approximately 1 properties for sale. Same is the case with rental options based on 60 properties up for rent, average asking rent is around £1,249 per month.

Estimated property value in Balmore Drive, Caversham, Reading, RG4 is £533,851. Average asking price is £754,922 while average price paid is £476,500 which is up by £40,670 and Avg. asking rent £1,249.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 Balmore Drive, Caversham, Reading, RG4 area. In last 1 year alone average price buyer paid is around £476,500 based on approximately 1 sales in Balmore Drive, Caversham, Reading, RG4 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £441,428. 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 £421,250 for 10 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £412,607 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 £252,950, £278,738 for a 2 bedroom house, £413,464 for a 3 bedroom house, £887,850 for a 4 bedroom house and £1,233,073 for a 5 bedroom house. For a flat similarly the prices varies from £254,950 for a single bedroom to £259,988 for a 2 bedroom Flat. To sum up the asking prices for properties in Balmore Drive, Caversham, Reading, RG4 it comes to around average £253,950 for 1 bedroom property, £269,362 for 2 bedroom, £413,464 for 3 bedroom, £887,850 for 4 bedroom and £1,233,073 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 £589 for 1 bedroom to £1,142 for 2 bedroom, £1,355 for 3 bedroom and £2,413 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £821. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,111. You should be generally be expecting around average £758 rent per month for single bedroom property, £1,120 for 2 bedroom, £1,355 for 3 bedroom and approximately £2,413 for 4 bedroom property in Balmore Drive, Caversham, Reading, RG4 area.

Popular Houses in Balmore Drive, Caversham, Reading, RG4

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 Balmore Drive, Caversham, Reading, RG4