Lower Road, Castle Rising, King's Lynn, PE31

Street Guide For Lower Road, Castle Rising, King's Lynn, PE31

 

Lower Road, Castle Rising, King's Lynn, PE31 Map

Estimated Price: £598,110
Average Asking Price: £303,733
Price change in last one year: £35,306
Average Price Paid: £299,414
Average Rent Rates: £848

 

Property Prices Breakdown in Lower Road, Castle Rising, King's Lynn, PE31

Average Price for property in Lower Road, Castle Rising, King's Lynn, PE31 is around £598,110 e.g. average price for detached house is around 598,110. Values have been changing and have risen £2,160 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,339 in last 6 months, £35,306 in last 1 year, £72,848 in last 2 years, £68,468 in last 3 years, £60,972 in last 4 years and £61,288 in last 5 years.

Currently average asking price of a property in Lower Road, Castle Rising, King's Lynn, PE31 is around £303,733 based on approximately 1 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £848 per month.

Estimated property value in Lower Road, Castle Rising, King's Lynn, PE31 is £598,110. Average asking price is £303,733 while average price paid is £275,000 which is up by £35,306 and Avg. asking rent £848.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 Lower Road, Castle Rising, King's Lynn, PE31 area. In last 1 year alone average price buyer paid is around £275,000 based on approximately 1 sales in Lower Road, Castle Rising, King's Lynn, PE31 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £284,121. 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 £299,414 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £299,414 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 £149,880, £174,469 for a 2 bedroom house, £239,504 for a 3 bedroom house, £388,659 for a 4 bedroom house and £846,661 for a 5 bedroom house. For a flat similarly the prices varies from £105,000 for a single bedroom to £113,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Lower Road, Castle Rising, King's Lynn, PE31 it comes to around average £142,400 for 1 bedroom property, £169,830 for 2 bedroom, £239,504 for 3 bedroom, £388,659 for 4 bedroom and £846,661 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 £599 for 2 bedroom to £998 for 3 bedroom, £965 for 4 bedroom and £1,148 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £550. As the no. of bedroom increase so will the rent e.g. for a 5 bedroom flat it will be around £1,850. You should be generally be expecting around average £591 rent per month for 2 bedroom property, £998 for 3 bedroom, £965 for 4 bedroom and approximately £1,499 for 5 bedroom property in Lower Road, Castle Rising, King's Lynn, PE31 area.

Popular Houses in Lower Road, Castle Rising, King's Lynn, PE31

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 Lower Road, Castle Rising, King's Lynn, PE31