Balsam Close, Walnut Tree, Milton Keynes, MK7

Street Guide For Balsam Close, Walnut Tree, Milton Keynes, MK7

 

Balsam Close, Walnut Tree, Milton Keynes, MK7 Map

Estimated Price: £337,464
Average Asking Price: £323,241
Price change in last one year: £22,514
Average Price Paid: £269,500
Average Rent Rates: £1,776

 

Property Prices Breakdown in Balsam Close, Walnut Tree, Milton Keynes, MK7

Average Price for property in Balsam Close, Walnut Tree, Milton Keynes, MK7 is around £337,464 which varies based on type of property you are interested in and ranges from £352,148 for detached house to around £249,358 for semi-detached. Values have been changing and have risen £1,357 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,796 in last 6 months, £22,514 in last 1 year, £39,956 in last 2 years, £48,803 in last 3 years, £46,859 in last 4 years and £48,376 in last 5 years.

Currently average asking price of a property in Balsam Close, Walnut Tree, Milton Keynes, MK7 is around £323,241 based on approximately 1 properties for sale. Same is the case with rental options based on 46 properties up for rent, average asking rent is around £1,776 per month.

Estimated property value in Balsam Close, Walnut Tree, Milton Keynes, MK7 is £337,464. Average asking price is £323,241 while average price paid is £312,500 which is up by £22,514 and Avg. asking rent £1,776.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 Balsam Close, Walnut Tree, Milton Keynes, MK7 area. In last 1 year alone average price buyer paid is around £312,500 based on approximately 1 sales in Balsam Close, Walnut Tree, Milton Keynes, MK7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £268,750. 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 £269,500 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £269,500 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 £186,990, £252,721 for a 3 bedroom house, £393,399 for a 4 bedroom house and £660,000 for a 5 bedroom house. For a flat similarly the prices varies from £111,498 for a single bedroom to £218,982 for a 2 bedroom Flat. To sum up the asking prices for properties in Balsam Close, Walnut Tree, Milton Keynes, MK7 it comes to around average £111,498 for 1 bedroom property, £197,654 for 2 bedroom, £252,721 for 3 bedroom, £393,399 for 4 bedroom and £660,000 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 £633 for 1 bedroom to £803 for 2 bedrooms, £890 for 3 bedrooms, £1,365 for 4 bedrooms and £1,429 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £646. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £849. You should be generally be expecting around average £642 rent per month for single bedroom property, £810 for 2 bedroom, £890 for 3 bedroom, £1,365 for 4 bedroom and approximately £1,429 for a 5 bedroom property in Balsam Close, Walnut Tree, Milton Keynes, MK7 area.

Popular Houses in Balsam Close, Walnut Tree, Milton Keynes, MK7

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 Balsam Close, Walnut Tree, Milton Keynes, MK7