Gordon Road, Melton Constable, NR24

Street Guide For Gordon Road, Melton Constable, NR24

 

Gordon Road, Melton Constable, NR24 Map

Estimated Price: £145,690
Average Asking Price: £320,006
Price change in last one year: £11,650
Average Price Paid: £118,750
Average Rent Rates: £1,160

 

Property Prices Breakdown in Gordon Road, Melton Constable, NR24

Average Price for property in Gordon Road, Melton Constable, NR24 is around £145,690 which varies based on type of property you are interested in and ranges from £155,643 for semi-detached to around £145,104 for terraced house. Values have been changing and have risen £883 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,734 in last 6 months, £11,650 in last 1 year, £15,412 in last 2 years, £19,317 in last 3 years, £18,627 in last 4 years and £17,301 in last 5 years.

Currently average asking price of a property in Gordon Road, Melton Constable, NR24 is around £320,006 based on approximately 1 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £1,160 per month.

Estimated property value in Gordon Road, Melton Constable, NR24 is £145,690. Average asking price is £320,006 while average price paid is £132,000 which is up by £11,650 and Avg. asking rent £1,160.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, Melton Constable, NR24 area. In last 1 year alone average price buyer paid is around £132,000 based on approximately 1 sales in Gordon Road, Melton Constable, NR24 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £120,000. 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 £118,750 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £126,666 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 2 bedroom is around £194,994, £185,700 for a 3 bedroom house, £578,182 for a 4 bedroom house and £609,992 for a 5 bedroom house. For a flat similarly the prices varies from £73,000 for a single bedroom to £99,950 for a 2 bedroom Flat. To sum up the asking prices for properties in Gordon Road, Melton Constable, NR24 it comes to around average £73,000 for 1 bedroom property, £185,490 for 2 bedroom, £185,700 for 3 bedroom, £578,182 for 4 bedroom and £609,992 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 £549 for 2 bedroom to £544 for 3 bedroom, £1,200 for 4 bedroom and £897 for 5 bedroom. You should be generally be expecting around average £549 rent per month for 2 bedroom property, £544 for 3 bedroom, £1,200 for 4 bedroom and approximately £897 for 5 bedroom property in Gordon Road, Melton Constable, NR24 area.

Popular Houses in Gordon Road, Melton Constable, NR24

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, Melton Constable, NR24