Grove Place, Bedford, MK40

Street Guide For Grove Place, Bedford, MK40

 

Grove Place, Bedford, MK40 Map

Estimated Price: £229,270
Average Asking Price: £270,121
Price change in last one year: £18,229
Average Price Paid: £163,000
Average Rent Rates: £853

 

Property Prices Breakdown in Grove Place, Bedford, MK40

Average Price for property in Grove Place, Bedford, MK40 is around £229,270 which varies based on type of property you are interested in and ranges from £250,600 for detached house to around £345,835 for semi-detached. Similarly flat is around £144,451. Values have been changing and have risen £747 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,343 in last 6 months, £18,229 in last 1 year, £28,041 in last 2 years, £32,552 in last 3 years, £28,749 in last 4 years and £31,026 in last 5 years.

Currently average asking price of a property in Grove Place, Bedford, MK40 is around £270,121 based on approximately 0 properties for sale. Same is the case with rental options based on 79 properties up for rent, average asking rent is around £853 per month.

Estimated property value in Grove Place, Bedford, MK40 is £229,270. Average asking price is £270,121 while average price paid is £116,000 which is up by £32,552 and Avg. asking rent £853.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 Grove Place, Bedford, MK40 area. In last 3 years alone average price buyer paid is around £116,000 based on approximately 1 sales in Grove Place, Bedford, MK40 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £163,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £163,000 for 2 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 £157,225, £202,149 for a 2 bedroom house, £220,274 for a 3 bedroom house, £374,323 for a 4 bedroom house and £499,545 for a 5 bedroom house. For a flat similarly the prices varies from £105,825 for a single bedroom to £151,388 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £395,000. To sum up the asking prices for properties in Grove Place, Bedford, MK40 it comes to around average £109,037 for 1 bedroom property, £160,140 for 2 bedroom, £224,157 for 3 bedroom, £374,323 for 4 bedroom and £499,545 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 £367 for 1 bedroom to £751 for 2 bedrooms, £953 for 3 bedrooms, £1,148 for 4 bedrooms and £1,179 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £498. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £689 and £1,400 for 3 bedroom. You should be generally be expecting around average £465 rent per month for single bedroom property, £702 for 2 bedroom, £1,043 for 3 bedroom, £1,148 for 4 bedroom and approximately £1,179 for a 5 bedroom property in Grove Place, Bedford, MK40 area.

Popular Houses in Grove Place, Bedford, MK40

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 Grove Place, Bedford, MK40