Carmelite Drive, Reading, RG30

Street Guide For Carmelite Drive, Reading, RG30

 

Carmelite Drive, Reading, RG30 Map

Estimated Price: £359,701
Average Asking Price: £307,877
Price change in last one year: £30,266
Average Price Paid: £238,313
Average Rent Rates: £1,022

 

Property Prices Breakdown in Carmelite Drive, Reading, RG30

Average Price for property in Carmelite Drive, Reading, RG30 is around £359,701 e.g. average price for a flat is around 359,701. Values have been changing and have risen £2,261 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,536 in last 6 months, £30,266 in last 1 year, £48,741 in last 2 years, £60,313 in last 3 years, £55,611 in last 4 years and £58,524 in last 5 years.

Currently average asking price of a property in Carmelite Drive, Reading, RG30 is around £307,877 based on approximately 1 properties for sale. Same is the case with rental options based on 129 properties up for rent, average asking rent is around £1,022 per month.

Estimated property value in Carmelite Drive, Reading, RG30 is £359,701. Average asking price is £307,877 while average price paid is £240,000 which is up by £30,266 and Avg. asking rent £1,022.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 Carmelite Drive, Reading, RG30 area. In last 1 year alone average price buyer paid is around £240,000 based on approximately 1 sales in Carmelite Drive, Reading, RG30 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £236,383. 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 £238,313 for 11 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £240,528 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 £240,349, £282,931 for a 3 bedroom house, £393,312 for a 4 bedroom house and £643,990 for a 5 bedroom house. For a flat similarly the prices varies from £136,960 for a single bedroom to £168,979 for a 2 bedroom Flat. To sum up the asking prices for properties in Carmelite Drive, Reading, RG30 it comes to around average £136,960 for 1 bedroom property, £194,932 for 2 bedroom, £282,931 for 3 bedroom, £393,312 for 4 bedroom and £643,990 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 £546 for 1 bedroom to £1,014 for 2 bedrooms, £1,130 for 3 bedrooms, £1,450 for 4 bedrooms and £2,250 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £693. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £969 and £1,265 for 3 bedroom. You should be generally be expecting around average £582 rent per month for single bedroom property, £975 for 2 bedroom, £1,164 for 3 bedroom, £1,450 for 4 bedroom and approximately £2,250 for a 5 bedroom property in Carmelite Drive, Reading, RG30 area.

Popular Houses in Carmelite Drive, Reading, RG30

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 Carmelite Drive, Reading, RG30