IV31

Real Estate Area Guide For IV31

 

IV31 Map

Estimated Price: £143,458
Average Asking Price: £144,168
Price change in last one year: £912
Average Price Paid: £131,500
Average Rent Rates: £428

 

Property Prices Breakdown in IV31

Average Price for property in IV31 is around £143,458 which varies based on type of property you are interested in and ranges from £238,976 for detached house to around £139,738 for semi-detached. Similarly terraced house is around £113,910 and a flat is worth £117,504. Values have been changing and have risen £1,326 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,417 in last 6 months, £912 in last 1 year, £10,297 in last 2 years, £7,007 in last 3 years, £9,984 in last 4 years and £9,034 in last 5 years.

Currently average asking price of a property in IV31 is around £144,168 based on approximately 115 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £428 per month.

Estimated property value in IV31 is £143,458. Average asking price is £144,168 while average price paid is £125,003 which is up by £912 and Avg. asking rent £428.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 IV31 area. In last 1 year alone average price buyer paid is around £125,003 based on approximately 115 sales in IV31 area alone. If you compare it to last 3 years sales of 283 properties where buyers paid around £130,692. 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 £131,500 for 447 and average amount paid for purchase of approx. 664 properties sold in last 7 years comes to about £131,676 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 £99,556, £142,744 for a 3 bedroom house, £249,250 for a 4 bedroom house and £265,000 for a 5 bedroom house. For a flat similarly the prices varies from £67,333 for a single bedroom to £86,869 for a 2 bedroom Flat. To sum up the asking prices for properties in IV31 it comes to around average £67,333 for 1 bedroom property, £93,585 for 2 bedroom, £142,744 for 3 bedroom, £249,250 for 4 bedroom and £265,000 for a 5 bedroom property.

But if you are interested in renting a 2 bedroom flat then rent per month can be around £515. You should be generally be expecting around average £514 rent per month for 2 bedroom property in IV31 area.

Popular Houses in IV31

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.

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