Lancaster Road, Great Yarmouth, NR30

Street Guide For Lancaster Road, Great Yarmouth, NR30

 

Lancaster Road, Great Yarmouth, NR30 Map

Estimated Price: £96,146
Average Asking Price: £164,491
Price change in last one year: £6,544
Average Price Paid: £82,921
Average Rent Rates: £1,247

 

Property Prices Breakdown in Lancaster Road, Great Yarmouth, NR30

Average Price for property in Lancaster Road, Great Yarmouth, NR30 is around £96,146 which varies based on type of property you are interested in and ranges from £129,039 for detached house to around £86,839 for semi-detached. Similarly terraced house is around £95,609. Values have been changing and have risen £526 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,183 in last 6 months, £6,544 in last 1 year, £9,028 in last 2 years, £11,409 in last 3 years, £10,628 in last 4 years and £10,487 in last 5 years.

Currently average asking price of a property in Lancaster Road, Great Yarmouth, NR30 is around £164,491 based on approximately 4 properties for sale. Same is the case with rental options based on 100 properties up for rent, average asking rent is around £1,247 per month.

Estimated property value in Lancaster Road, Great Yarmouth, NR30 is £96,146. Average asking price is £164,491 while average price paid is £80,875 which is up by £6,544 and Avg. asking rent £1,247.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 Lancaster Road, Great Yarmouth, NR30 area. In last 1 year alone average price buyer paid is around £80,875 based on approximately 4 sales in Lancaster Road, Great Yarmouth, NR30 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £76,241. 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 £82,921 for 7 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £87,603 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 £89,689, £117,393 for a 2 bedroom house, £140,885 for a 3 bedroom house, £175,760 for a 4 bedroom house and £254,158 for a 5 bedroom house. For a flat similarly the prices varies from £69,721 for a single bedroom to £101,212 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £128,725. To sum up the asking prices for properties in Lancaster Road, Great Yarmouth, NR30 it comes to around average £74,260 for 1 bedroom property, £114,022 for 2 bedroom, £140,612 for 3 bedroom, £175,760 for 4 bedroom and £254,158 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 £485 for 1 bedroom to £591 for 2 bedroom, £607 for 3 bedroom and £377 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £428. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £480. You should be generally be expecting around average £436 rent per month for single bedroom property, £546 for 2 bedroom, £607 for 3 bedroom and approximately £377 for 4 bedroom property in Lancaster Road, Great Yarmouth, NR30 area.

Popular Houses in Lancaster Road, Great Yarmouth, NR30

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 Lancaster Road, Great Yarmouth, NR30