Lark Rise, Newport, PO30

Street Guide For Lark Rise, Newport, PO30

 
 

Lark Rise, Newport, PO30 Map

Estimated Price: £257,192
Average Asking Price: £286,323
Price change in last one year: £19,628
Average Price Paid: £198,200
Average Rent Rates: £736

Wright Estate Agency - Newport
24 Carisbrooke Road, Newport, Isle of Wight, PO30

Free House valuation

 

Property Prices Breakdown in Lark Rise, Newport, PO30

Average Price for property in Lark Rise, Newport, PO30 is around £257,192 e.g. average price for detached house is around 257,192. Values have been changing and have risen £2,625 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,116 in last 6 months, £19,628 in last 1 year, £34,797 in last 2 years, £33,680 in last 3 years, £30,376 in last 4 years and £30,060 in last 5 years.

Currently average asking price of a property in Lark Rise, Newport, PO30 is around £286,323 based on approximately 0 properties for sale. Same is the case with rental options based on 59 properties up for rent, average asking rent is around £736 per month.

Estimated property value in Lark Rise, Newport, PO30 is £257,192. Average asking price is £286,323 while average price paid is £187,000 which is up by £33,680 and Avg. asking rent £736.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 Lark Rise, Newport, PO30 area. In last 3 years alone average price buyer paid is around £187,000 based on approximately 3 sales in Lark Rise, Newport, PO30 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £198,200. 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 £198,200 for 5 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 £169,992, £146,488 for a 2 bedroom house, £252,618 for a 3 bedroom house, £399,001 for a 4 bedroom house and £599,263 for a 5 bedroom house. For a flat similarly the prices varies from £87,557 for a single bedroom to £143,753 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £100,000. To sum up the asking prices for properties in Lark Rise, Newport, PO30 it comes to around average £105,221 for 1 bedroom property, £145,875 for 2 bedroom, £250,610 for 3 bedroom, £399,001 for 4 bedroom and £599,263 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 £652 for 2 bedroom to £814 for 3 bedroom, £901 for 4 bedroom and £793 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £479. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £597 and £750 for 3 bedroom. You should be generally be expecting around average £479 rent per month for single bedroom property, £618 for 2 bedroom, £811 for 3 bedroom, £901 for 4 bedroom and approximately £793 for a 5 bedroom property in Lark Rise, Newport, PO30 area.

Popular Houses in Lark Rise, Newport, PO30

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 Lark Rise, Newport, PO30