College Meadows, Lowestoft, NR32

Street Guide For College Meadows, Lowestoft, NR32

 

College Meadows, Lowestoft, NR32 Map

Estimated Price: £195,827
Average Asking Price: £190,644
Price change in last one year: £14,639
Average Price Paid: £186,000
Average Rent Rates: £843

 

Property Prices Breakdown in College Meadows, Lowestoft, NR32

Average Price for property in College Meadows, Lowestoft, NR32 is around £195,827 e.g. average price for detached house is around 195,827. Values have been changing and have risen £1,336 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,164 in last 6 months, £14,639 in last 1 year, £22,370 in last 2 years, £25,615 in last 3 years, £23,892 in last 4 years and £22,125 in last 5 years.

Currently average asking price of a property in College Meadows, Lowestoft, NR32 is around £190,644 based on approximately 0 properties for sale. Same is the case with rental options based on 92 properties up for rent, average asking rent is around £843 per month.

Estimated property value in College Meadows, Lowestoft, NR32 is £195,827. Average asking price is £190,644 while average price paid is £220,000 which is up by £25,615 and Avg. asking rent £843.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 College Meadows, Lowestoft, NR32 area. In last 3 years alone average price buyer paid is around £220,000 based on approximately 1 sales in College Meadows, Lowestoft, NR32 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £186,000. 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 £180,166 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 2 bedroom is around £116,147, £143,050 for a 3 bedroom house, £266,681 for a 4 bedroom house and £382,323 for a 5 bedroom house. For a flat similarly the prices varies from £72,680 for a single bedroom to £103,099 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £129,950 and £87,495 for a 4 bedroom flat. To sum up the asking prices for properties in College Meadows, Lowestoft, NR32 it comes to around average £72,680 for 1 bedroom property, £114,316 for 2 bedroom, £142,882 for 3 bedroom, £259,215 for 4 bedroom and £382,323 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 £467 for 2 bedroom to £609 for 3 bedroom, £700 for 4 bedroom and £1,051 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £413. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £482. You should be generally be expecting around average £413 rent per month for single bedroom property, £473 for 2 bedroom, £609 for 3 bedroom, £700 for 4 bedroom and approximately £1,051 for a 5 bedroom property in College Meadows, Lowestoft, NR32 area.

Popular Houses in College Meadows, Lowestoft, NR32

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 College Meadows, Lowestoft, NR32