London Road, Shortstown, Bedford, MK42

Street Guide For London Road, Shortstown, Bedford, MK42

 

London Road, Shortstown, Bedford, MK42 Map

Estimated Price: £175,086
Average Asking Price: £232,536
Price change in last one year: £10,865
Average Price Paid: £132,627
Average Rent Rates: £1,856

 

Property Prices Breakdown in London Road, Shortstown, Bedford, MK42

Average Price for property in London Road, Shortstown, Bedford, MK42 is around £175,086 which varies based on type of property you are interested in and ranges from £244,740 for detached house to around £188,385 for semi-detached. Similarly terraced house is around £173,096 and a flat is worth £89,779. Values have been changing and have risen £304 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £332 in last 6 months, £10,865 in last 1 year, £16,307 in last 2 years, £23,060 in last 3 years, £22,836 in last 4 years and £22,782 in last 5 years.

Currently average asking price of a property in London Road, Shortstown, Bedford, MK42 is around £232,536 based on approximately 8 properties for sale. Same is the case with rental options based on 84 properties up for rent, average asking rent is around £1,856 per month.

Estimated property value in London Road, Shortstown, Bedford, MK42 is £175,086. Average asking price is £232,536 while average price paid is £123,118 which is up by £10,865 and Avg. asking rent £1,856.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, Shortstown, Bedford, MK42 area. In last 1 year alone average price buyer paid is around £123,118 based on approximately 8 sales in London Road, Shortstown, Bedford, MK42 area alone. If you compare it to last 3 years sales of 23 properties where buyers paid around £126,563. 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 £132,627 for 27 and average amount paid for purchase of approx. 35 properties sold in last 7 years comes to about £135,184 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 £138,998, £156,831 for a 2 bedroom house, £199,684 for a 3 bedroom house, £319,544 for a 4 bedroom house and £381,000 for a 5 bedroom house. For a flat similarly the prices varies from £95,035 for a single bedroom to £127,515 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £277,500. To sum up the asking prices for properties in London Road, Shortstown, Bedford, MK42 it comes to around average £104,804 for 1 bedroom property, £137,023 for 2 bedroom, £202,514 for 3 bedroom, £319,544 for 4 bedroom and £381,000 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 £729 for 2 bedroom to £807 for 3 bedroom, £987 for 4 bedroom and £1,452 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £559. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £673. You should be generally be expecting around average £559 rent per month for single bedroom property, £699 for 2 bedroom, £807 for 3 bedroom, £986 for 4 bedroom and approximately £1,452 for a 5 bedroom property in London Road, Shortstown, Bedford, MK42 area.

Popular Houses in London Road, Shortstown, Bedford, MK42

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, Shortstown, Bedford, MK42