Crafts Way, Southwell, NG25

Street Guide For Crafts Way, Southwell, NG25

 

Crafts Way, Southwell, NG25 Map

Estimated Price: £324,791
Average Asking Price: £417,144
Price change in last one year: £17,469
Average Price Paid: £306,000
Average Rent Rates: £629

 

Property Prices Breakdown in Crafts Way, Southwell, NG25

Average Price for property in Crafts Way, Southwell, NG25 is around £324,791 e.g. average price for detached house is around 324,791. Values have been changing and have risen £311 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,311 in last 6 months, £17,469 in last 1 year, £32,975 in last 2 years, £36,706 in last 3 years, £28,855 in last 4 years and £26,486 in last 5 years.

Currently average asking price of a property in Crafts Way, Southwell, NG25 is around £417,144 based on approximately 0 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £629 per month.

Estimated property value in Crafts Way, Southwell, NG25 is £324,791. Average asking price is £417,144 while average price paid is £306,000 which is up by £26,486 and Avg. asking rent £629.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 Crafts Way, Southwell, NG25 area. In last 5 years alone average price buyer paid is around £306,000 based on approximately 1 sales in Crafts Way, Southwell, NG25 area alone. If you compare it to last 7 years sales of 3 properties where buyers paid around £303,666.

 
 

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 £95,000, £207,480 for a 2 bedroom house, £295,475 for a 3 bedroom house, £419,907 for a 4 bedroom house and £570,714 for a 5 bedroom house. For a flat similarly the prices varies from £119,950 for a single bedroom to £240,633 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £165,000. To sum up the asking prices for properties in Crafts Way, Southwell, NG25 it comes to around average £107,475 for 1 bedroom property, £215,131 for 2 bedroom, £283,614 for 3 bedroom, £419,907 for 4 bedroom and £570,714 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 £475 for 1 bedroom to £607 for 2 bedroom, £663 for 3 bedroom and £1,599 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £471. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £825. You should be generally be expecting around average £472 rent per month for single bedroom property, £700 for 2 bedroom, £663 for 3 bedroom and approximately £1,599 for 4 bedroom property in Crafts Way, Southwell, NG25 area.

Popular Houses in Crafts Way, Southwell, NG25

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 Crafts Way, Southwell, NG25