Herne Drove, Welney, Wisbech, PE14

Street Guide For Herne Drove, Welney, Wisbech, PE14

 

Herne Drove, Welney, Wisbech, PE14 Map

Estimated Price: £226,264
Average Asking Price: £247,709
Price change in last one year: £14,335
Average Price Paid: £124,995
Average Rent Rates: £731

 

Property Prices Breakdown in Herne Drove, Welney, Wisbech, PE14

Average Price for property in Herne Drove, Welney, Wisbech, PE14 is around £226,264 e.g. average price for detached house is around 226,264. Values have been changing and have risen £1,555 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,613 in last 6 months, £14,335 in last 1 year, £26,727 in last 2 years, £28,620 in last 3 years, £23,787 in last 4 years and £20,844 in last 5 years.

Currently average asking price of a property in Herne Drove, Welney, Wisbech, PE14 is around £247,709 based on approximately 0 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £731 per month.

Estimated property value in Herne Drove, Welney, Wisbech, PE14 is £226,264. Average asking price is £247,709 while average price paid is £124,995 which is up by £28,620 and Avg. asking rent £731.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 Herne Drove, Welney, Wisbech, PE14 area. In last 3 years alone average price buyer paid is around £124,995 based on approximately 1 sales in Herne Drove, Welney, Wisbech, PE14 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £124,995. 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 £124,995 for 1 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 £146,967, £230,647 for a 3 bedroom house, £294,564 for a 4 bedroom house and £387,333 for a 5 bedroom house. For a flat similarly the prices varies from £52,500 for a single bedroom to £85,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Herne Drove, Welney, Wisbech, PE14 it comes to around average £52,500 for 1 bedroom property, £144,968 for 2 bedroom, £230,647 for 3 bedroom, £294,564 for 4 bedroom and £387,333 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 £449 for 1 bedroom to £585 for 2 bedrooms, £750 for 3 bedrooms, £2,065 for 4 bedrooms and £477 for 5 bedrooms house. 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 £477. You should be generally be expecting around average £437 rent per month for single bedroom property, £567 for 2 bedroom, £750 for 3 bedroom, £2,065 for 4 bedroom and approximately £477 for a 5 bedroom property in Herne Drove, Welney, Wisbech, PE14 area.

Popular Houses in Herne Drove, Welney, Wisbech, PE14

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 Herne Drove, Welney, Wisbech, PE14