Elgars Row, Shop Lane, Wells-next-the-Sea, NR23

Street Guide For Elgars Row, Shop Lane, Wells-next-the-Sea, NR23

 

Elgars Row, Shop Lane, Wells-next-the-Sea, NR23 Map

Estimated Price: £234,772
Average Asking Price: £414,615
Price change in last one year: £17,623
Average Price Paid: £195,000
Average Rent Rates: £914

 

Property Prices Breakdown in Elgars Row, Shop Lane, Wells-next-the-Sea, NR23

Average Price for property in Elgars Row, Shop Lane, Wells-next-the-Sea, NR23 is around £234,772 which varies based on type of property you are interested in and ranges from £245,197 for semi-detached to around £230,602 for terraced house. Values have been changing and have risen £1,272 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,209 in last 6 months, £17,623 in last 1 year, £23,364 in last 2 years, £29,622 in last 3 years, £28,479 in last 4 years and £26,074 in last 5 years.

Currently average asking price of a property in Elgars Row, Shop Lane, Wells-next-the-Sea, NR23 is around £414,615 based on approximately 0 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £914 per month.

Estimated property value in Elgars Row, Shop Lane, Wells-next-the-Sea, NR23 is £234,772. Average asking price is £414,615 while average price paid is £195,000 which is up by £26,074 and Avg. asking rent £914.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 Elgars Row, Shop Lane, Wells-next-the-Sea, NR23 area. In last 5 years alone average price buyer paid is around £195,000 based on approximately 1 sales in Elgars Row, Shop Lane, Wells-next-the-Sea, NR23 area alone. If you compare it to last 7 years sales of 2 properties where buyers paid around £220,000.

 
 

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 £12,500, £350,000 for a 2 bedroom house, £396,242 for a 3 bedroom house, £484,993 for a 4 bedroom house and £594,998 for a 5 bedroom house. For a flat the prices of 2 bedroom is £249,995. To sum up the asking prices for properties in Elgars Row, Shop Lane, Wells-next-the-Sea, NR23 it comes to around average £12,500 for 1 bedroom property, £299,998 for 2 bedroom, £396,242 for 3 bedroom, £484,993 for 4 bedroom and £594,998 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 £947 for 2 bedroom to £650 for 3 bedroom and £2,167 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £576. You should be generally be expecting around average £823 rent per month for 2 bedroom property, £650 for 3 bedroom and approximately £2,167 for 4 bedroom property in Elgars Row, Shop Lane, Wells-next-the-Sea, NR23 area.

Popular Houses in Elgars Row, Shop Lane, Wells-next-the-Sea, NR23

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 Elgars Row, Shop Lane, Wells-next-the-Sea, NR23