Cotswold Drive, Groomsport, Bangor, BT20

Street Guide For Cotswold Drive, Groomsport, Bangor, BT20

 

Cotswold Drive, Groomsport, Bangor, BT20 Map

Estimated Price: £432,532
Average Asking Price: £558,774
Price change in last one year: £44,135
Average Price Paid: £354,265
Average Rent Rates: £1,520

 

Property Prices Breakdown in Cotswold Drive, Groomsport, Bangor, BT20

Average Price for property in Cotswold Drive, Groomsport, Bangor, BT20 is around £432,532 which varies based on type of property you are interested in and ranges from £583,231 for detached house to around £331,809 for semi-detached. Similarly terraced house is around £277,782 and a flat is worth £235,681. Values have been changing and have risen £5,802 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,789 in last 6 months, £44,135 in last 1 year, £52,562 in last 2 years, £46,819 in last 3 years, £53,557 in last 4 years and £52,764 in last 5 years.

Currently average asking price of a property in Cotswold Drive, Groomsport, Bangor, BT20 is around £558,774 based on approximately 419 properties for sale. Same is the case with rental options based on 94 properties up for rent, average asking rent is around £1,520 per month.

Estimated property value in Cotswold Drive, Groomsport, Bangor, BT20 is £432,532. Average asking price is £558,774 while average price paid is £359,208 which is up by £44,135 and Avg. asking rent £1,520.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 Cotswold Drive, Groomsport, Bangor, BT20 area. In last 1 year alone average price buyer paid is around £359,208 based on approximately 419 sales in Cotswold Drive, Groomsport, Bangor, BT20 area alone. If you compare it to last 3 years sales of 1,253 properties where buyers paid around £353,547. 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 £354,265 for 2,091 and average amount paid for purchase of approx. 2,798 properties sold in last 7 years comes to about £347,810 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 £216,190, £291,939 for a 2 bedroom house, £372,285 for a 3 bedroom house, £464,054 for a 4 bedroom house and £832,919 for a 5 bedroom house. For a flat similarly the prices varies from £133,938 for a single bedroom to £227,759 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £486,250. To sum up the asking prices for properties in Cotswold Drive, Groomsport, Bangor, BT20 it comes to around average £165,573 for 1 bedroom property, £276,572 for 2 bedroom, £376,355 for 3 bedroom, £464,054 for 4 bedroom and £832,919 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 £1,921 for 1 bedroom to £800 for 2 bedrooms, £1,295 for 3 bedrooms, £2,067 for 4 bedrooms and £3,816 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £923. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £861, £897 for 3 bedroom and £702 for 4 bedroom. You should be generally be expecting around average £1,754 rent per month for single bedroom property, £811 for 2 bedroom, £1,279 for 3 bedroom, £1,953 for 4 bedroom and approximately £3,816 for a 5 bedroom property in Cotswold Drive, Groomsport, Bangor, BT20 area.

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 Cotswold Drive, Groomsport, Bangor, BT20