Commercial Road, Dereham, NR19

Street Guide For Commercial Road, Dereham, NR19

 

Commercial Road, Dereham, NR19 Map

Estimated Price: £182,412
Average Asking Price: £224,537
Price change in last one year: £13,312
Average Price Paid: £158,840
Average Rent Rates: £945

 

Property Prices Breakdown in Commercial Road, Dereham, NR19

Average Price for property in Commercial Road, Dereham, NR19 is around £182,412 which varies based on type of property you are interested in and ranges from £335,782 for detached house to around £203,094 for semi-detached. Similarly terraced house is around £163,828 and a flat is worth £106,132. Values have been changing and have risen £703 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,703 in last 6 months, £13,312 in last 1 year, £19,952 in last 2 years, £22,121 in last 3 years, £23,037 in last 4 years and £20,771 in last 5 years.

Currently average asking price of a property in Commercial Road, Dereham, NR19 is around £224,537 based on approximately 2 properties for sale. Same is the case with rental options based on 36 properties up for rent, average asking rent is around £945 per month.

Estimated property value in Commercial Road, Dereham, NR19 is £182,412. Average asking price is £224,537 while average price paid is £198,250 which is up by £13,312 and Avg. asking rent £945.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 Commercial Road, Dereham, NR19 area. In last 1 year alone average price buyer paid is around £198,250 based on approximately 2 sales in Commercial Road, Dereham, NR19 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £151,935. 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 £158,840 for 15 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £158,003 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 £95,975, £141,517 for a 2 bedroom house, £201,680 for a 3 bedroom house, £305,235 for a 4 bedroom house and £308,495 for a 5 bedroom house. For a flat similarly the prices varies from £85,989 for a single bedroom to £91,822 for a 2 bedroom Flat. To sum up the asking prices for properties in Commercial Road, Dereham, NR19 it comes to around average £88,842 for 1 bedroom property, £126,094 for 2 bedroom, £201,680 for 3 bedroom, £305,235 for 4 bedroom and £308,495 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 £555 for 2 bedroom to £679 for 3 bedroom, £1,299 for 4 bedroom and £1,697 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £445. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £565. You should be generally be expecting around average £445 rent per month for single bedroom property, £560 for 2 bedroom, £679 for 3 bedroom, £1,299 for 4 bedroom and approximately £1,697 for a 5 bedroom property in Commercial Road, Dereham, NR19 area.

Popular Houses in Commercial Road, Dereham, NR19

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 Commercial Road, Dereham, NR19