Castle Place, Gorebridge, EH23

Street Guide For Castle Place, Gorebridge, EH23

 

Castle Place, Gorebridge, EH23 Map

Estimated Price: £166,005
Average Asking Price: £216,278
Price change in last one year: £15,096
Average Price Paid: £110,833
Average Rent Rates: £538

 

Property Prices Breakdown in Castle Place, Gorebridge, EH23

Average Price for property in Castle Place, Gorebridge, EH23 is around £166,005 which varies based on type of property you are interested in and ranges from £192,912 for detached house to around £194,477 for semi-detached. Similarly flat is around £132,262. Values have been changing and have risen £2,382 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,337 in last 6 months, £15,096 in last 1 year, £18,581 in last 2 years, £20,876 in last 3 years, £21,719 in last 4 years and £18,198 in last 5 years.

Currently average asking price of a property in Castle Place, Gorebridge, EH23 is around £216,278 based on approximately 1 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £538 per month.

Estimated property value in Castle Place, Gorebridge, EH23 is £166,005. Average asking price is £216,278 while average price paid is £150,000 which is up by £15,096 and Avg. asking rent £538.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 Castle Place, Gorebridge, EH23 area. In last 1 year alone average price buyer paid is around £150,000 based on approximately 1 sales in Castle Place, Gorebridge, EH23 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £150,000. 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 £110,833 for 3 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £128,387 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 £122,998, £175,447 for a 3 bedroom house, £226,230 for a 4 bedroom house and £273,200 for a 5 bedroom house. For a flat similarly the prices varies from £101,998 for a 2 bedroom to £110,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Castle Place, Gorebridge, EH23 it comes to around average £112,498 for 2 bedroom property, £172,175 for 3 bedroom, £226,230 for 4 bedroom and £273,200 for 5 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 £221 for 1 bedroom to £745 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £575. You should be generally be expecting around average £221 rent per month for single bedroom property, £575 for 2 bedroom and approximately £745 for 3 bedroom property in Castle Place, Gorebridge, EH23 area.

Popular Houses in Castle Place, Gorebridge, EH23

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 Castle Place, Gorebridge, EH23