Elm Grove, Sheringham, NR26

Street Guide For Elm Grove, Sheringham, NR26

 

Elm Grove, Sheringham, NR26 Map

Estimated Price: £178,553
Average Asking Price: £303,935
Price change in last one year: £11,207
Average Price Paid: £166,475
Average Rent Rates: £653

 

Property Prices Breakdown in Elm Grove, Sheringham, NR26

Average Price for property in Elm Grove, Sheringham, NR26 is around £178,553 which varies based on type of property you are interested in and ranges from £199,421 for semi-detached to around £136,816 for terraced house. Values have been changing and have risen £762 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,360 in last 6 months, £11,207 in last 1 year, £17,424 in last 2 years, £20,882 in last 3 years, £18,857 in last 4 years and £19,706 in last 5 years.

Currently average asking price of a property in Elm Grove, Sheringham, NR26 is around £303,935 based on approximately 0 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £653 per month.

Estimated property value in Elm Grove, Sheringham, NR26 is £178,553. Average asking price is £303,935 while average price paid is £166,475 which is up by £20,882 and Avg. asking rent £653.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 Elm Grove, Sheringham, NR26 area. In last 3 years alone average price buyer paid is around £166,475 based on approximately 2 sales in Elm Grove, Sheringham, NR26 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £166,475. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £166,475 for 2 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 2 bedroom is around £180,000, £301,250 for a 3 bedroom house, £315,000 for a 4 bedroom house and £556,250 for a 5 bedroom house. For a flat similarly the prices varies from £118,167 for a single bedroom to £387,488 for a 3 bedroom Flat. To sum up the asking prices for properties in Elm Grove, Sheringham, NR26 it comes to around average £118,167 for 1 bedroom property, £180,000 for 2 bedroom, £344,369 for 3 bedroom, £315,000 for 4 bedroom and £556,250 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 is £780 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £377. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £624. You should be generally be expecting around average £377 rent per month for single bedroom property and approximately £702 for 3 bedroom property in Elm Grove, Sheringham, NR26 area.

Popular Houses in Elm Grove, Sheringham, NR26

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 Elm Grove, Sheringham, NR26