High Street, Wells-next-the-Sea, NR23

Street Guide For High Street, Wells-next-the-Sea, NR23

 

High Street, Wells-next-the-Sea, NR23 Map

Estimated Price: £299,486
Average Asking Price: £414,615
Price change in last one year: £22,479
Average Price Paid: £288,520
Average Rent Rates: £914

 

Property Prices Breakdown in High Street, Wells-next-the-Sea, NR23

Average Price for property in High Street, Wells-next-the-Sea, NR23 is around £299,486 which varies based on type of property you are interested in and ranges from £363,062 for detached house to around £291,857 for terraced house. Values have been changing and have risen £1,622 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,816 in last 6 months, £22,479 in last 1 year, £29,801 in last 2 years, £37,784 in last 3 years, £36,325 in last 4 years and £33,256 in last 5 years.

Currently average asking price of a property in High Street, Wells-next-the-Sea, NR23 is around £414,615 based on approximately 3 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £914 per month.

Estimated property value in High Street, Wells-next-the-Sea, NR23 is £299,486. Average asking price is £414,615 while average price paid is £339,750 which is up by £22,479 and Avg. asking rent £914.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 High Street, Wells-next-the-Sea, NR23 area. In last 1 year alone average price buyer paid is around £339,750 based on approximately 3 sales in High Street, Wells-next-the-Sea, NR23 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £301,958. 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 £288,520 for 10 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £283,346 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 £12,500, £350,000 for a 2 bedroom house, £396,242 for a 3 bedroom house, £484,993 for a 4 bedroom house and £594,998 for a 5 bedroom house. For a flat the prices of 2 bedroom is £249,995. To sum up the asking prices for properties in High Street, Wells-next-the-Sea, NR23 it comes to around average £12,500 for 1 bedroom property, £299,998 for 2 bedroom, £396,242 for 3 bedroom, £484,993 for 4 bedroom and £594,998 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 £947 for 2 bedroom to £650 for 3 bedroom and £2,167 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £576. You should be generally be expecting around average £823 rent per month for 2 bedroom property, £650 for 3 bedroom and approximately £2,167 for 4 bedroom property in High Street, Wells-next-the-Sea, NR23 area.

Popular Houses in High Street, Wells-next-the-Sea, NR23

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 High Street, Wells-next-the-Sea, NR23