Gordon Road, Dereham, NR20

Street Guide For Gordon Road, Dereham, NR20

 

Gordon Road, Dereham, NR20 Map

Estimated Price: £140,458
Average Asking Price: £357,777
Price change in last one year: £11,319
Average Price Paid: £125,000
Average Rent Rates: £679

 

Property Prices Breakdown in Gordon Road, Dereham, NR20

Average Price for property in Gordon Road, Dereham, NR20 is around £140,458 which varies based on type of property you are interested in and ranges from £143,973 for semi-detached to around £138,505 for terraced house. Values have been changing and have risen £741 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,715 in last 6 months, £11,319 in last 1 year, £14,663 in last 2 years, £17,036 in last 3 years, £15,504 in last 4 years and £17,151 in last 5 years.

Currently average asking price of a property in Gordon Road, Dereham, NR20 is around £357,777 based on approximately 1 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £679 per month.

Estimated property value in Gordon Road, Dereham, NR20 is £140,458. Average asking price is £357,777 while average price paid is £122,000 which is up by £11,319 and Avg. asking rent £679.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 Gordon Road, Dereham, NR20 area. In last 1 year alone average price buyer paid is around £122,000 based on approximately 1 sales in Gordon Road, Dereham, NR20 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £122,500. 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 £125,000 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £120,500 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 £150,000, £158,418 for a 2 bedroom house, £248,767 for a 3 bedroom house, £358,022 for a 4 bedroom house and £469,533 for a 5 bedroom house. For a flat the prices of 2 bedroom is £125,000. To sum up the asking prices for properties in Gordon Road, Dereham, NR20 it comes to around average £150,000 for 1 bedroom property, £156,899 for 2 bedroom, £248,767 for 3 bedroom, £358,022 for 4 bedroom and £469,533 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 £433 for 1 bedroom to £615 for 2 bedroom, £669 for 3 bedroom and £943 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £390. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £524. You should be generally be expecting around average £412 rent per month for single bedroom property, £600 for 2 bedroom, £669 for 3 bedroom and approximately £942 for 4 bedroom property in Gordon Road, Dereham, NR20 area.

Popular Houses in Gordon Road, Dereham, NR20

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 Gordon Road, Dereham, NR20