London Road, Downham Market, PE38

Street Guide For London Road, Downham Market, PE38

 

London Road, Downham Market, PE38 Map

Estimated Price: £270,286
Average Asking Price: £219,112
Price change in last one year: £19,828
Average Price Paid: £287,111
Average Rent Rates: £689

 

Property Prices Breakdown in London Road, Downham Market, PE38

Average Price for property in London Road, Downham Market, PE38 is around £270,286 which varies based on type of property you are interested in and ranges from £347,069 for detached house to around £183,275 for semi-detached. Similarly terraced house is around £156,081 and a flat is worth £102,742. Values have been changing and have risen £1,757 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,292 in last 6 months, £19,828 in last 1 year, £34,626 in last 2 years, £33,494 in last 3 years, £32,765 in last 4 years and £25,695 in last 5 years.

Currently average asking price of a property in London Road, Downham Market, PE38 is around £219,112 based on approximately 3 properties for sale. Same is the case with rental options based on 35 properties up for rent, average asking rent is around £689 per month.

Estimated property value in London Road, Downham Market, PE38 is £270,286. Average asking price is £219,112 while average price paid is £383,333 which is up by £19,828 and Avg. asking rent £689.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 London Road, Downham Market, PE38 area. In last 1 year alone average price buyer paid is around £383,333 based on approximately 3 sales in London Road, Downham Market, PE38 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £303,666. 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 £287,111 for 9 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £269,380 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 £104,158, £164,576 for a 2 bedroom house, £200,474 for a 3 bedroom house, £264,718 for a 4 bedroom house and £326,062 for a 5 bedroom house. For a flat similarly the prices varies from £75,000 for a single bedroom to £94,750 for a 2 bedroom Flat. To sum up the asking prices for properties in London Road, Downham Market, PE38 it comes to around average £94,439 for 1 bedroom property, £160,995 for 2 bedroom, £200,474 for 3 bedroom, £264,718 for 4 bedroom and £326,062 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 £526 for 2 bedroom to £695 for 3 bedroom, £966 for 4 bedroom and £1,075 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £433. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £511 and £611 for 3 bedroom. You should be generally be expecting around average £433 rent per month for single bedroom property, £523 for 2 bedroom, £678 for 3 bedroom, £966 for 4 bedroom and approximately £1,074 for a 5 bedroom property in London Road, Downham Market, PE38 area.

Popular Houses in London Road, Downham Market, PE38

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 London Road, Downham Market, PE38