Drakes Way, Woking, GU22

Street Guide For Drakes Way, Woking, GU22

 

Drakes Way, Woking, GU22 Map

Estimated Price: £725,310
Average Asking Price: £685,146
Price change in last one year: £54,562
Average Price Paid: £617,500
Average Rent Rates: £1,720

 

Property Prices Breakdown in Drakes Way, Woking, GU22

Average Price for property in Drakes Way, Woking, GU22 is around £725,310 e.g. average price for detached house is around 725,310. Values have been changing and have risen £4,789 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,665 in last 6 months, £54,562 in last 1 year, £99,233 in last 2 years, £105,277 in last 3 years, £111,956 in last 4 years and £116,244 in last 5 years.

Currently average asking price of a property in Drakes Way, Woking, GU22 is around £685,146 based on approximately 2 properties for sale. Same is the case with rental options based on 266 properties up for rent, average asking rent is around £1,720 per month.

Estimated property value in Drakes Way, Woking, GU22 is £725,310. Average asking price is £685,146 while average price paid is £617,500 which is up by £54,562 and Avg. asking rent £1,720.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 Drakes Way, Woking, GU22 area. In last 1 year alone average price buyer paid is around £617,500 based on approximately 2 sales in Drakes Way, Woking, GU22 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £617,500. 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 £617,500 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £558,333 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 £156,836, £324,500 for a 2 bedroom house, £491,544 for a 3 bedroom house, £751,640 for a 4 bedroom house and £1,170,269 for a 5 bedroom house. For a flat similarly the prices varies from £179,388 for a single bedroom to £359,004 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £358,167. To sum up the asking prices for properties in Drakes Way, Woking, GU22 it comes to around average £172,524 for 1 bedroom property, £353,253 for 2 bedroom, £470,484 for 3 bedroom, £751,640 for 4 bedroom and £1,170,269 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 £869 for 1 bedroom to £1,427 for 2 bedrooms, £1,586 for 3 bedrooms, £2,597 for 4 bedrooms and £3,609 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £969. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,368 and £1,528 for 3 bedroom. You should be generally be expecting around average £959 rent per month for single bedroom property, £1,372 for 2 bedroom, £1,580 for 3 bedroom, £2,597 for 4 bedroom and approximately £3,609 for a 5 bedroom property in Drakes Way, Woking, GU22 area.

Popular Houses in Drakes Way, Woking, GU22

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 Drakes Way, Woking, GU22