Magnaville Road, Thorley, Bishop's Stortford, CM23

Street Guide For Magnaville Road, Thorley, Bishop's Stortford, CM23

 
 

Magnaville Road, Thorley, Bishop's Stortford, CM23 Map

Estimated Price: £299,506
Average Asking Price: £387,132
Price change in last one year: £24,917
Average Price Paid: £226,862
Average Rent Rates: £1,053

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Property Prices Breakdown in Magnaville Road, Thorley, Bishop's Stortford, CM23

Average Price for property in Magnaville Road, Thorley, Bishop's Stortford, CM23 is around £299,506 which varies based on type of property you are interested in and ranges from £361,514 for detached house to around £358,708 for semi-detached. Similarly terraced house is around £300,967 and a flat is worth £201,457. Values have been changing and have risen £508 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,474 in last 6 months, £24,917 in last 1 year, £33,058 in last 2 years, £43,149 in last 3 years, £37,576 in last 4 years and £40,127 in last 5 years.

Currently average asking price of a property in Magnaville Road, Thorley, Bishop's Stortford, CM23 is around £387,132 based on approximately 2 properties for sale. Same is the case with rental options based on 46 properties up for rent, average asking rent is around £1,053 per month.

Estimated property value in Magnaville Road, Thorley, Bishop's Stortford, CM23 is £299,506. Average asking price is £387,132 while average price paid is £160,125 which is up by £24,917 and Avg. asking rent £1,053.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 Magnaville Road, Thorley, Bishop's Stortford, CM23 area. In last 1 year alone average price buyer paid is around £160,125 based on approximately 2 sales in Magnaville Road, Thorley, Bishop's Stortford, CM23 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £215,431. 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 £226,862 for 20 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £222,969 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 £150,000, £300,312 for a 2 bedroom house, £371,246 for a 3 bedroom house, £549,000 for a 4 bedroom house and £639,499 for a 5 bedroom house. For a flat similarly the prices varies from £138,203 for a single bedroom to £317,279 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £539,998. To sum up the asking prices for properties in Magnaville Road, Thorley, Bishop's Stortford, CM23 it comes to around average £139,110 for 1 bedroom property, £307,584 for 2 bedroom, £389,996 for 3 bedroom, £549,000 for 4 bedroom and £639,499 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 £581 for 1 bedroom to £936 for 2 bedrooms, £1,104 for 3 bedrooms, £1,597 for 4 bedrooms and £1,492 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £708. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £914. You should be generally be expecting around average £648 rent per month for single bedroom property, £921 for 2 bedroom, £1,104 for 3 bedroom, £1,597 for 4 bedroom and approximately £1,492 for a 5 bedroom property in Magnaville Road, Thorley, Bishop's Stortford, CM23 area.

Popular Houses in Magnaville Road, Thorley, Bishop's Stortford, CM23

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 Magnaville Road, Thorley, Bishop's Stortford, CM23