Falcon Avenue, Springfield, Milton Keynes, MK6

Street Guide For Falcon Avenue, Springfield, Milton Keynes, MK6

 

Falcon Avenue, Springfield, Milton Keynes, MK6 Map

Estimated Price: £179,824
Average Asking Price: £222,101
Price change in last one year: £14,771
Average Price Paid: £129,642
Average Rent Rates: £1,107

 

Property Prices Breakdown in Falcon Avenue, Springfield, Milton Keynes, MK6

Average Price for property in Falcon Avenue, Springfield, Milton Keynes, MK6 is around £179,824 which varies based on type of property you are interested in and ranges from £172,957 for detached house to around £197,251 for semi-detached. Similarly terraced house is around £185,135 and a flat is worth £91,899. Values have been changing and have risen £1,363 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,793 in last 6 months, £14,771 in last 1 year, £24,226 in last 2 years, £27,072 in last 3 years, £28,702 in last 4 years and £28,780 in last 5 years.

Currently average asking price of a property in Falcon Avenue, Springfield, Milton Keynes, MK6 is around £222,101 based on approximately 1 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £1,107 per month.

Estimated property value in Falcon Avenue, Springfield, Milton Keynes, MK6 is £179,824. Average asking price is £222,101 while average price paid is £205,000 which is up by £14,771 and Avg. asking rent £1,107.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 Falcon Avenue, Springfield, Milton Keynes, MK6 area. In last 1 year alone average price buyer paid is around £205,000 based on approximately 1 sales in Falcon Avenue, Springfield, Milton Keynes, MK6 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £131,500. 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 £129,642 for 7 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £136,312 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 £125,997, £159,098 for a 2 bedroom house, £212,617 for a 3 bedroom house, £282,083 for a 4 bedroom house and £403,331 for a 5 bedroom house. For a flat similarly the prices varies from £88,999 for a single bedroom to £136,298 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £130,000. To sum up the asking prices for properties in Falcon Avenue, Springfield, Milton Keynes, MK6 it comes to around average £102,873 for 1 bedroom property, £147,698 for 2 bedroom, £211,142 for 3 bedroom, £282,083 for 4 bedroom and £403,331 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 £797 for 2 bedroom to £949 for 3 bedroom, £1,395 for 4 bedroom and £2,999 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £600. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £750. You should be generally be expecting around average £600 rent per month for single bedroom property, £786 for 2 bedroom, £949 for 3 bedroom, £1,395 for 4 bedroom and approximately £2,999 for a 5 bedroom property in Falcon Avenue, Springfield, Milton Keynes, MK6 area.

Popular Houses in Falcon Avenue, Springfield, Milton Keynes, MK6

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 Falcon Avenue, Springfield, Milton Keynes, MK6