Drake Avenue, Mytchett, Camberley, GU16

Street Guide For Drake Avenue, Mytchett, Camberley, GU16

 

Drake Avenue, Mytchett, Camberley, GU16 Map

Estimated Price: £336,271
Average Asking Price: £467,496
Price change in last one year: £26,501
Average Price Paid: £257,500
Average Rent Rates: £4,070

 

Property Prices Breakdown in Drake Avenue, Mytchett, Camberley, GU16

Average Price for property in Drake Avenue, Mytchett, Camberley, GU16 is around £336,271 e.g. average price for semi-detached is around 336,271. Values have been changing and have risen £1,423 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,274 in last 6 months, £26,501 in last 1 year, £44,518 in last 2 years, £47,836 in last 3 years, £50,194 in last 4 years and £51,760 in last 5 years.

Currently average asking price of a property in Drake Avenue, Mytchett, Camberley, GU16 is around £467,496 based on approximately 1 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £4,070 per month.

Estimated property value in Drake Avenue, Mytchett, Camberley, GU16 is £336,271. Average asking price is £467,496 while average price paid is £295,000 which is up by £26,501 and Avg. asking rent £4,070.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 Drake Avenue, Mytchett, Camberley, GU16 area. In last 1 year alone average price buyer paid is around £295,000 based on approximately 1 sales in Drake Avenue, Mytchett, Camberley, GU16 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £265,000. 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 £257,500 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £257,500 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 £110,000, £332,475 for a 2 bedroom house, £418,442 for a 3 bedroom house, £569,868 for a 4 bedroom house and £581,238 for a 5 bedroom house. For a flat similarly the prices varies from £164,950 for a single bedroom to £258,333 for a 2 bedroom Flat. To sum up the asking prices for properties in Drake Avenue, Mytchett, Camberley, GU16 it comes to around average £137,475 for 1 bedroom property, £287,990 for 2 bedroom, £418,442 for 3 bedroom, £569,868 for 4 bedroom and £581,238 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 £519 for 1 bedroom to £923 for 2 bedrooms, £1,101 for 3 bedrooms, £1,651 for 4 bedrooms and £2,149 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £600. You should be generally be expecting around average £535 rent per month for single bedroom property, £923 for 2 bedroom, £1,101 for 3 bedroom, £1,651 for 4 bedroom and approximately £2,149 for a 5 bedroom property in Drake Avenue, Mytchett, Camberley, GU16 area.

Popular Houses in Drake Avenue, Mytchett, Camberley, GU16

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 Drake Avenue, Mytchett, Camberley, GU16