Chestnut Drive, Broadmeadows, South Normanton, Alfreton, DE55

Street Guide For Chestnut Drive, Broadmeadows, South Normanton, Alfreton, DE55

 

Chestnut Drive, Broadmeadows, South Normanton, Alfreton, DE55 Map

Estimated Price: £222,386
Average Asking Price: £239,707
Price change in last one year: £8,298
Average Price Paid: £159,975
Average Rent Rates: £4,359

 

Property Prices Breakdown in Chestnut Drive, Broadmeadows, South Normanton, Alfreton, DE55

Average Price for property in Chestnut Drive, Broadmeadows, South Normanton, Alfreton, DE55 is around £222,386 e.g. average price for detached house is around 222,386. Values have been changing and have risen £416 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,363 in last 6 months, £8,298 in last 1 year, £19,901 in last 2 years, £19,734 in last 3 years, £19,805 in last 4 years and £14,678 in last 5 years.

Currently average asking price of a property in Chestnut Drive, Broadmeadows, South Normanton, Alfreton, DE55 is around £239,707 based on approximately 0 properties for sale. Same is the case with rental options based on 121 properties up for rent, average asking rent is around £4,359 per month.

Estimated property value in Chestnut Drive, Broadmeadows, South Normanton, Alfreton, DE55 is £222,386. Average asking price is £239,707 while average price paid is £160,000 which is up by £19,734 and Avg. asking rent £4,359.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 Chestnut Drive, Broadmeadows, South Normanton, Alfreton, DE55 area. In last 3 years alone average price buyer paid is around £160,000 based on approximately 1 sales in Chestnut Drive, Broadmeadows, South Normanton, Alfreton, DE55 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £159,975. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £157,483 for 3 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 £73,967, £107,203 for a 2 bedroom house, £138,684 for a 3 bedroom house, £284,088 for a 4 bedroom house and £439,120 for a 5 bedroom house. For a flat similarly the prices varies from £54,225 for a single bedroom to £89,950 for a 2 bedroom Flat. To sum up the asking prices for properties in Chestnut Drive, Broadmeadows, South Normanton, Alfreton, DE55 it comes to around average £62,686 for 1 bedroom property, £107,040 for 2 bedroom, £138,684 for 3 bedroom, £284,088 for 4 bedroom and £439,120 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 £410 for 1 bedroom to £433 for 2 bedrooms, £538 for 3 bedrooms, £675 for 4 bedrooms and £793 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £340. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £459. You should be generally be expecting around average £353 rent per month for single bedroom property, £434 for 2 bedroom, £538 for 3 bedroom, £675 for 4 bedroom and approximately £793 for a 5 bedroom property in Chestnut Drive, Broadmeadows, South Normanton, Alfreton, DE55 area.

Popular Houses in Chestnut Drive, Broadmeadows, South Normanton, Alfreton, DE55

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 Chestnut Drive, Broadmeadows, South Normanton, Alfreton, DE55