BN5

Real Estate Area Guide For BN5

 

BN5 Map

Estimated Price: £491,406
Average Asking Price: £499,344
Price change in last one year: £34,683
Average Price Paid: £388,509
Average Rent Rates: £2,781

 

Property Prices Breakdown in BN5

Average Price for property in BN5 is around £491,406 which varies based on type of property you are interested in and ranges from £664,646 for detached house to around £362,621 for semi-detached. Similarly terraced house is around £297,672 and a flat is worth £191,325. Values have been changing and have risen £2,515 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,593 in last 6 months, £34,683 in last 1 year, £62,184 in last 2 years, £75,923 in last 3 years, £75,198 in last 4 years and £75,651 in last 5 years.

Currently average asking price of a property in BN5 is around £499,344 based on approximately 136 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £2,781 per month.

Estimated property value in BN5 is £491,406. Average asking price is £499,344 while average price paid is £428,898 which is up by £34,683 and Avg. asking rent £2,781.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 BN5 area. In last 1 year alone average price buyer paid is around £428,898 based on approximately 136 sales in BN5 area alone. If you compare it to last 3 years sales of 374 properties where buyers paid around £397,572. 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 £388,509 for 557 and average amount paid for purchase of approx. 712 properties sold in last 7 years comes to about £385,258 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 £250,000, £311,231 for a 2 bedroom house, £352,475 for a 3 bedroom house, £723,990 for a 4 bedroom house and £995,000 for a 5 bedroom house. For a flat the prices of single bedroom is £250,000. To sum up the asking prices for properties in BN5 it comes to around average £250,000 for 1 bedroom property, £311,231 for 2 bedroom, £352,475 for 3 bedroom, £723,990 for 4 bedroom and £995,000 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 £979 for 2 bedroom to £2,525 for 4 bedroom and £5,993 for 5 bedroom. You should be generally be expecting around average £979 rent per month for 2 bedroom property, £2,525 for 4 bedroom and approximately £5,993 for 5 bedroom property in BN5 area.

Popular Houses in BN5

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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