Fairfield Way, Stevenage, SG1

Street Guide For Fairfield Way, Stevenage, SG1

 

Fairfield Way, Stevenage, SG1 Map

Estimated Price: £273,544
Average Asking Price: £312,301
Price change in last one year: £24,002
Average Price Paid: £196,430
Average Rent Rates: £903

 

Property Prices Breakdown in Fairfield Way, Stevenage, SG1

Average Price for property in Fairfield Way, Stevenage, SG1 is around £273,544 which varies based on type of property you are interested in and ranges from £309,659 for detached house to around £285,113 for semi-detached. Similarly terraced house is around £263,928. Values have been changing and have risen £3,603 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,872 in last 6 months, £24,002 in last 1 year, £40,653 in last 2 years, £39,110 in last 3 years, £38,522 in last 4 years and £40,787 in last 5 years.

Currently average asking price of a property in Fairfield Way, Stevenage, SG1 is around £312,301 based on approximately 7 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £903 per month.

Estimated property value in Fairfield Way, Stevenage, SG1 is £273,544. Average asking price is £312,301 while average price paid is £220,570 which is up by £24,002 and Avg. asking rent £903.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 Fairfield Way, Stevenage, SG1 area. In last 1 year alone average price buyer paid is around £220,570 based on approximately 7 sales in Fairfield Way, Stevenage, SG1 area alone. If you compare it to last 3 years sales of 18 properties where buyers paid around £204,138. 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 £196,430 for 29 and average amount paid for purchase of approx. 44 properties sold in last 7 years comes to about £191,600 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 £187,750, £202,235 for a 2 bedroom house, £303,324 for a 3 bedroom house, £349,183 for a 4 bedroom house and £431,427 for a 5 bedroom house. For a flat similarly the prices varies from £139,997 for a single bedroom to £162,699 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £175,000. To sum up the asking prices for properties in Fairfield Way, Stevenage, SG1 it comes to around average £147,344 for 1 bedroom property, £173,242 for 2 bedroom, £274,808 for 3 bedroom, £349,183 for 4 bedroom and £431,427 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 £508 for 1 bedroom to £950 for 2 bedroom, £1,033 for 3 bedroom and £1,101 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £547. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £839. You should be generally be expecting around average £528 rent per month for single bedroom property, £871 for 2 bedroom, £1,033 for 3 bedroom and approximately £1,101 for 4 bedroom property in Fairfield Way, Stevenage, SG1 area.

Popular Houses in Fairfield Way, Stevenage, SG1

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 Fairfield Way, Stevenage, SG1