Colville Road, Melton Constable, NR24

Street Guide For Colville Road, Melton Constable, NR24

 

Colville Road, Melton Constable, NR24 Map

Estimated Price: £118,498
Average Asking Price: £320,006
Price change in last one year: £9,478
Average Price Paid: £110,900
Average Rent Rates: £1,160

 

Property Prices Breakdown in Colville Road, Melton Constable, NR24

Average Price for property in Colville Road, Melton Constable, NR24 is around £118,498 e.g. average price for terraced house is around 118,498. Values have been changing and have risen £719 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,413 in last 6 months, £9,478 in last 1 year, £12,541 in last 2 years, £15,721 in last 3 years, £15,162 in last 4 years and £14,085 in last 5 years.

Currently average asking price of a property in Colville Road, Melton Constable, NR24 is around £320,006 based on approximately 1 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £1,160 per month.

Estimated property value in Colville Road, Melton Constable, NR24 is £118,498. Average asking price is £320,006 while average price paid is £120,500 which is up by £9,478 and Avg. asking rent £1,160.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 Colville Road, Melton Constable, NR24 area. In last 1 year alone average price buyer paid is around £120,500 based on approximately 1 sales in Colville Road, Melton Constable, NR24 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £122,833. 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 £110,900 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £108,071 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 £194,994, £185,700 for a 3 bedroom house, £578,182 for a 4 bedroom house and £609,992 for a 5 bedroom house. For a flat similarly the prices varies from £73,000 for a single bedroom to £99,950 for a 2 bedroom Flat. To sum up the asking prices for properties in Colville Road, Melton Constable, NR24 it comes to around average £73,000 for 1 bedroom property, £185,490 for 2 bedroom, £185,700 for 3 bedroom, £578,182 for 4 bedroom and £609,992 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 £549 for 2 bedroom to £544 for 3 bedroom, £1,200 for 4 bedroom and £897 for 5 bedroom. You should be generally be expecting around average £549 rent per month for 2 bedroom property, £544 for 3 bedroom, £1,200 for 4 bedroom and approximately £897 for 5 bedroom property in Colville Road, Melton Constable, NR24 area.

Popular Houses in Colville Road, Melton Constable, NR24

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 Colville Road, Melton Constable, NR24