Bowers Avenue, Grimsby, DN31

Street Guide For Bowers Avenue, Grimsby, DN31

 

Bowers Avenue, Grimsby, DN31 Map

Estimated Price: £67,986
Average Asking Price: £204,699
Price change in last one year: £2,835
Average Price Paid: £56,200
Average Rent Rates: £849

 

Property Prices Breakdown in Bowers Avenue, Grimsby, DN31

Average Price for property in Bowers Avenue, Grimsby, DN31 is around £67,986 which varies based on type of property you are interested in and ranges from £71,487 for semi-detached to around £67,635 for terraced house. Values have been changing and have risen £222 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £132 in last 6 months, £2,835 in last 1 year, £5,053 in last 2 years, £4,560 in last 3 years, £3,921 in last 4 years and £1,242 in last 5 years.

Currently average asking price of a property in Bowers Avenue, Grimsby, DN31 is around £204,699 based on approximately 1 properties for sale. Same is the case with rental options based on 134 properties up for rent, average asking rent is around £849 per month.

Estimated property value in Bowers Avenue, Grimsby, DN31 is £67,986. Average asking price is £204,699 while average price paid is £30,000 which is up by £2,835 and Avg. asking rent £849.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 Bowers Avenue, Grimsby, DN31 area. In last 1 year alone average price buyer paid is around £30,000 based on approximately 1 sales in Bowers Avenue, Grimsby, DN31 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £56,200. 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 £56,200 for 5 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £62,870 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 £192,500, £73,171 for a 2 bedroom house, £67,232 for a 3 bedroom house and £92,950 for a 4 bedroom house. For a flat similarly the prices varies from £47,920 for a single bedroom to £47,517 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £65,000. To sum up the asking prices for properties in Bowers Avenue, Grimsby, DN31 it comes to around average £89,229 for 1 bedroom property, £62,176 for 2 bedroom, £67,232 for 3 bedroom and £78,975 for 4 bedroom.

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 £408 for 2 bedroom to £414 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £343. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £359. You should be generally be expecting around average £343 rent per month for single bedroom property, £392 for 2 bedroom and approximately £414 for 3 bedroom property in Bowers Avenue, Grimsby, DN31 area.

Popular Houses in Bowers Avenue, Grimsby, DN31

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 Bowers Avenue, Grimsby, DN31