Chestnut Road, Watton, Thetford, IP25

Street Guide For Chestnut Road, Watton, Thetford, IP25

 

Chestnut Road, Watton, Thetford, IP25 Map

Estimated Price: £155,531
Average Asking Price: £261,559
Price change in last one year: £14,946
Average Price Paid: £140,500
Average Rent Rates: £1,080

 

Property Prices Breakdown in Chestnut Road, Watton, Thetford, IP25

Average Price for property in Chestnut Road, Watton, Thetford, IP25 is around £155,531 e.g. average price for detached house is around 155,531. Values have been changing and have risen £1,540 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,173 in last 6 months, £14,946 in last 1 year, £21,447 in last 2 years, £23,130 in last 3 years, £25,269 in last 4 years and £23,250 in last 5 years.

Currently average asking price of a property in Chestnut Road, Watton, Thetford, IP25 is around £261,559 based on approximately 0 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £1,080 per month.

Estimated property value in Chestnut Road, Watton, Thetford, IP25 is £155,531. Average asking price is £261,559 while average price paid is £156,000 which is up by £23,130 and Avg. asking rent £1,080.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 Road, Watton, Thetford, IP25 area. In last 3 years alone average price buyer paid is around £156,000 based on approximately 1 sales in Chestnut Road, Watton, Thetford, IP25 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £140,500. 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 £140,500 for 2 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 £150,056, £198,338 for a 3 bedroom house, £289,727 for a 4 bedroom house and £338,183 for a 5 bedroom house. For a flat the prices of single bedroom is £80,000. To sum up the asking prices for properties in Chestnut Road, Watton, Thetford, IP25 it comes to around average £80,000 for 1 bedroom property, £150,056 for 2 bedroom, £198,338 for 3 bedroom, £289,727 for 4 bedroom and £338,183 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 £485 for 1 bedroom to £566 for 2 bedroom, £681 for 3 bedroom and £938 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £459. You should be generally be expecting around average £470 rent per month for single bedroom property, £566 for 2 bedroom, £682 for 3 bedroom and approximately £938 for 4 bedroom property in Chestnut Road, Watton, Thetford, IP25 area.

Popular Houses in Chestnut Road, Watton, Thetford, IP25

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 Road, Watton, Thetford, IP25