Elm Road, Thetford, IP24

Street Guide For Elm Road, Thetford, IP24

 

Elm Road, Thetford, IP24 Map

Estimated Price: £120,269
Average Asking Price: £210,364
Price change in last one year: £9,401
Average Price Paid: £92,700
Average Rent Rates: £1,201

 

Property Prices Breakdown in Elm Road, Thetford, IP24

Average Price for property in Elm Road, Thetford, IP24 is around £120,269 which varies based on type of property you are interested in and ranges from £175,527 for detached house to around £122,103 for semi-detached. Similarly terraced house is around £118,201. Values have been changing and have risen £1,133 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,302 in last 6 months, £9,401 in last 1 year, £14,219 in last 2 years, £16,843 in last 3 years, £18,971 in last 4 years and £18,081 in last 5 years.

Currently average asking price of a property in Elm Road, Thetford, IP24 is around £210,364 based on approximately 4 properties for sale. Same is the case with rental options based on 49 properties up for rent, average asking rent is around £1,201 per month.

Estimated property value in Elm Road, Thetford, IP24 is £120,269. Average asking price is £210,364 while average price paid is £110,875 which is up by £9,401 and Avg. asking rent £1,201.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 Road, Thetford, IP24 area. In last 1 year alone average price buyer paid is around £110,875 based on approximately 4 sales in Elm Road, Thetford, IP24 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £92,812. 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 £92,700 for 10 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £95,375 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 £185,000, £134,077 for a 2 bedroom house, £184,300 for a 3 bedroom house, £226,311 for a 4 bedroom house and £325,749 for a 5 bedroom house. For a flat similarly the prices varies from £86,242 for a single bedroom to £107,000 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £112,498. To sum up the asking prices for properties in Elm Road, Thetford, IP24 it comes to around average £100,350 for 1 bedroom property, £129,912 for 2 bedroom, £180,710 for 3 bedroom, £226,311 for 4 bedroom and £325,749 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 £537 for 1 bedroom to £613 for 2 bedrooms, £815 for 3 bedrooms, £1,184 for 4 bedrooms and £1,499 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £517. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £607. You should be generally be expecting around average £524 rent per month for single bedroom property, £609 for 2 bedroom, £815 for 3 bedroom, £1,184 for 4 bedroom and approximately £1,499 for a 5 bedroom property in Elm Road, Thetford, IP24 area.

Popular Houses in Elm Road, Thetford, IP24

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 Road, Thetford, IP24