Farrer Street, Kempston, Bedford, MK42

Street Guide For Farrer Street, Kempston, Bedford, MK42

 

Farrer Street, Kempston, Bedford, MK42 Map

Estimated Price: £161,842
Average Asking Price: £232,536
Price change in last one year: £9,835
Average Price Paid: £152,500
Average Rent Rates: £1,856

 

Property Prices Breakdown in Farrer Street, Kempston, Bedford, MK42

Average Price for property in Farrer Street, Kempston, Bedford, MK42 is around £161,842 which varies based on type of property you are interested in and ranges from £254,895 for detached house to around £202,502 for semi-detached. Similarly terraced house is around £173,649 and a flat is worth £111,625. Values have been changing and have risen £275 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £301 in last 6 months, £9,835 in last 1 year, £14,762 in last 2 years, £20,875 in last 3 years, £20,671 in last 4 years and £20,623 in last 5 years.

Currently average asking price of a property in Farrer Street, Kempston, Bedford, MK42 is around £232,536 based on approximately 6 properties for sale. Same is the case with rental options based on 84 properties up for rent, average asking rent is around £1,856 per month.

Estimated property value in Farrer Street, Kempston, Bedford, MK42 is £161,842. Average asking price is £232,536 while average price paid is £179,833 which is up by £9,835 and Avg. asking rent £1,856.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 Farrer Street, Kempston, Bedford, MK42 area. In last 1 year alone average price buyer paid is around £179,833 based on approximately 6 sales in Farrer Street, Kempston, Bedford, MK42 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £168,590. 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 £152,500 for 18 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £150,690 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 £138,998, £156,831 for a 2 bedroom house, £199,684 for a 3 bedroom house, £319,544 for a 4 bedroom house and £381,000 for a 5 bedroom house. For a flat similarly the prices varies from £94,699 for a single bedroom to £131,216 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £277,500. To sum up the asking prices for properties in Farrer Street, Kempston, Bedford, MK42 it comes to around average £104,025 for 1 bedroom property, £139,097 for 2 bedroom, £202,514 for 3 bedroom, £319,544 for 4 bedroom and £381,000 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 £729 for 2 bedroom to £807 for 3 bedroom, £987 for 4 bedroom and £1,452 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £556. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £673. You should be generally be expecting around average £556 rent per month for single bedroom property, £699 for 2 bedroom, £807 for 3 bedroom, £986 for 4 bedroom and approximately £1,452 for a 5 bedroom property in Farrer Street, Kempston, Bedford, MK42 area.

Popular Houses in Farrer Street, Kempston, Bedford, MK42

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 Farrer Street, Kempston, Bedford, MK42