Flash Lane, Ompton, Newark, NG22

Street Guide For Flash Lane, Ompton, Newark, NG22

 

Flash Lane, Ompton, Newark, NG22 Map

Estimated Price: £354,422
Average Asking Price: £257,681
Price change in last one year: £23,830
Average Price Paid: £325,000
Average Rent Rates: £1,425

 

Property Prices Breakdown in Flash Lane, Ompton, Newark, NG22

Average Price for property in Flash Lane, Ompton, Newark, NG22 is around £354,422 e.g. average price for detached house is around 354,422. Values have been changing and have risen £2,425 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,869 in last 6 months, £23,830 in last 1 year, £39,143 in last 2 years, £37,345 in last 3 years, £30,631 in last 4 years and £35,949 in last 5 years.

Currently average asking price of a property in Flash Lane, Ompton, Newark, NG22 is around £257,681 based on approximately 0 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £1,425 per month.

Estimated property value in Flash Lane, Ompton, Newark, NG22 is £354,422. Average asking price is £257,681 while average price paid is £325,000 which is up by £35,949 and Avg. asking rent £1,425.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 Flash Lane, Ompton, Newark, NG22 area. In last 5 years alone average price buyer paid is around £325,000 based on approximately 1 sales in Flash Lane, Ompton, Newark, NG22 area alone. If you compare it to last 7 years sales of 1 properties where buyers paid around £325,000.

 
 

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 £125,000, £107,078 for a 2 bedroom house, £168,732 for a 3 bedroom house, £317,053 for a 4 bedroom house and £517,940 for a 5 bedroom house. For a flat the prices of 2 bedroom is £89,995. To sum up the asking prices for properties in Flash Lane, Ompton, Newark, NG22 it comes to around average £125,000 for 1 bedroom property, £104,801 for 2 bedroom, £168,732 for 3 bedroom, £317,053 for 4 bedroom and £517,940 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 £499 for 2 bedroom to £527 for 3 bedroom and £1,038 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £394. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £466. You should be generally be expecting around average £394 rent per month for single bedroom property, £488 for 2 bedroom, £527 for 3 bedroom and approximately £1,038 for 4 bedroom property in Flash Lane, Ompton, Newark, NG22 area.

Popular Houses in Flash Lane, Ompton, Newark, NG22

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 Flash Lane, Ompton, Newark, NG22