Colchester Way, Bedford, MK41

Street Guide For Colchester Way, Bedford, MK41

 

Colchester Way, Bedford, MK41 Map

Estimated Price: £388,087
Average Asking Price: £347,780
Price change in last one year: £27,685
Average Price Paid: £325,000
Average Rent Rates: £1,852

 

Property Prices Breakdown in Colchester Way, Bedford, MK41

Average Price for property in Colchester Way, Bedford, MK41 is around £388,087 e.g. average price for detached house is around 388,087. Values have been changing and have risen £2,061 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,440 in last 6 months, £27,685 in last 1 year, £47,956 in last 2 years, £60,155 in last 3 years, £53,873 in last 4 years and £56,339 in last 5 years.

Currently average asking price of a property in Colchester Way, Bedford, MK41 is around £347,780 based on approximately 1 properties for sale. Same is the case with rental options based on 41 properties up for rent, average asking rent is around £1,852 per month.

Estimated property value in Colchester Way, Bedford, MK41 is £388,087. Average asking price is £347,780 while average price paid is £325,001 which is up by £27,685 and Avg. asking rent £1,852.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 Colchester Way, Bedford, MK41 area. In last 1 year alone average price buyer paid is around £325,001 based on approximately 1 sales in Colchester Way, Bedford, MK41 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £325,001. 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 £325,000 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £307,500 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 £102,486, £153,740 for a 2 bedroom house, £249,592 for a 3 bedroom house, £346,678 for a 4 bedroom house and £445,257 for a 5 bedroom house. For a flat similarly the prices varies from £97,666 for a single bedroom to £117,500 for a 2 bedroom Flat. To sum up the asking prices for properties in Colchester Way, Bedford, MK41 it comes to around average £99,594 for 1 bedroom property, £149,713 for 2 bedroom, £249,592 for 3 bedroom, £346,678 for 4 bedroom and £445,257 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 £573 for 1 bedroom to £644 for 2 bedroom, £879 for 3 bedroom and £1,075 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £477. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £622 and £676 for 3 bedroom. You should be generally be expecting around average £554 rent per month for single bedroom property, £636 for 2 bedroom, £857 for 3 bedroom and approximately £1,074 for 4 bedroom property in Colchester Way, Bedford, MK41 area.

Popular Houses in Colchester Way, Bedford, MK41

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 Colchester Way, Bedford, MK41