James Mount, Groomsport, Bangor, BT20

Street Guide For James Mount, Groomsport, Bangor, BT20

 

James Mount, Groomsport, Bangor, BT20 Map

Estimated Price: £2,105,161
Average Asking Price: £3,781,214
Price change in last one year: £244,949
Average Price Paid: £1,636,696
Average Rent Rates: £8,539

 

Property Prices Breakdown in James Mount, Groomsport, Bangor, BT20

Average Price for property in James Mount, Groomsport, Bangor, BT20 is around £2,105,161 which varies based on type of property you are interested in and ranges from £5,923,467 for terraced house to around £1,913,376 for a flat. Values have been changing and have risen £10,749 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £21,350 in last 6 months, £244,949 in last 1 year, £404,680 in last 2 years, £560,375 in last 3 years, £631,289 in last 4 years and £630,190 in last 5 years.

Currently average asking price of a property in James Mount, Groomsport, Bangor, BT20 is around £3,781,214 based on approximately 21 properties for sale. Same is the case with rental options based on 173 properties up for rent, average asking rent is around £8,539 per month.

Estimated property value in James Mount, Groomsport, Bangor, BT20 is £2,105,161. Average asking price is £3,781,214 while average price paid is £2,158,600 which is up by £244,949 and Avg. asking rent £8,539.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 James Mount, Groomsport, Bangor, BT20 area. In last 1 year alone average price buyer paid is around £2,158,600 based on approximately 21 sales in James Mount, Groomsport, Bangor, BT20 area alone. If you compare it to last 3 years sales of 76 properties where buyers paid around £1,969,380. 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 £1,636,696 for 119 and average amount paid for purchase of approx. 167 properties sold in last 7 years comes to about £1,383,108 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 5 bedroom is around £12,050,000. For a flat similarly the prices varies from £1,125,994 for a single bedroom to £3,412,188 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £3,312,921 and £12,333,333 for a 4 bedroom flat. To sum up the asking prices for properties in James Mount, Groomsport, Bangor, BT20 it comes to around average £1,125,994 for 1 bedroom property, £3,412,188 for 2 bedroom, £3,312,921 for 3 bedroom, £12,333,333 for 4 bedroom and £12,050,000 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 £21,134 for 1 bedroom to £7,475 for 2 bedrooms, £10,552 for 3 bedrooms, £15,167 for 4 bedrooms and £19,067 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £3,891. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £6,421, £11,267 for 3 bedroom, £23,833 for 4 bedroom and around £16,033 for 5 bedroom flat. You should be generally be expecting around average £5,807 rent per month for single bedroom property, £6,559 for 2 bedroom, £11,151 for 3 bedroom, £22,870 for 4 bedroom and approximately £17,550 for a 5 bedroom property in James Mount, Groomsport, Bangor, BT20 area.

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 James Mount, Groomsport, Bangor, BT20