Barnby Gate, Newark, NG24

Street Guide For Barnby Gate, Newark, NG24

 

Barnby Gate, Newark, NG24 Map

Estimated Price: £108,839
Average Asking Price: £1,410,846
Price change in last one year: £6,753
Average Price Paid: £93,584
Average Rent Rates: £39,905

 

Property Prices Breakdown in Barnby Gate, Newark, NG24

Average Price for property in Barnby Gate, Newark, NG24 is around £108,839 which varies based on type of property you are interested in and ranges from £175,906 for detached house to around £134,992 for semi-detached. Similarly terraced house is around £101,850 and a flat is worth £65,968. Values have been changing and have risen £393 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,375 in last 6 months, £6,753 in last 1 year, £10,367 in last 2 years, £12,708 in last 3 years, £11,735 in last 4 years and £10,910 in last 5 years.

Currently average asking price of a property in Barnby Gate, Newark, NG24 is around £1,410,846 based on approximately 8 properties for sale. Same is the case with rental options based on 68 properties up for rent, average asking rent is around £39,905 per month.

Estimated property value in Barnby Gate, Newark, NG24 is £108,839. Average asking price is £1,410,846 while average price paid is £107,187 which is up by £6,753 and Avg. asking rent £39,905.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 Barnby Gate, Newark, NG24 area. In last 1 year alone average price buyer paid is around £107,187 based on approximately 8 sales in Barnby Gate, Newark, NG24 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £98,261. 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 £93,584 for 23 and average amount paid for purchase of approx. 30 properties sold in last 7 years comes to about £96,373 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 £116,450, £129,946 for a 2 bedroom house, £165,849 for a 3 bedroom house, £253,295 for a 4 bedroom house and £320,271 for a 5 bedroom house. For a flat similarly the prices varies from £113,033 for a single bedroom to £100,050 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £145,000 and £395,000 for a 4 bedroom flat. To sum up the asking prices for properties in Barnby Gate, Newark, NG24 it comes to around average £113,435 for 1 bedroom property, £118,873 for 2 bedroom, £165,617 for 3 bedroom, £256,187 for 4 bedroom and £320,271 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 £394 for 1 bedroom to £498 for 2 bedrooms, £584 for 3 bedrooms, £758 for 4 bedrooms and £1,274 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £509. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £512 and £693 for 3 bedroom. You should be generally be expecting around average £493 rent per month for single bedroom property, £505 for 2 bedroom, £602 for 3 bedroom, £758 for 4 bedroom and approximately £1,274 for a 5 bedroom property in Barnby Gate, Newark, NG24 area.

Popular Houses in Barnby Gate, Newark, NG24

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 Barnby Gate, Newark, NG24