Market Lane, Blundeston, Lowestoft, NR32

Street Guide For Market Lane, Blundeston, Lowestoft, NR32

 

Market Lane, Blundeston, Lowestoft, NR32 Map

Estimated Price: £258,483
Average Asking Price: £189,578
Price change in last one year: £17,894
Average Price Paid: £229,562
Average Rent Rates: £838

 

Property Prices Breakdown in Market Lane, Blundeston, Lowestoft, NR32

Average Price for property in Market Lane, Blundeston, Lowestoft, NR32 is around £258,483 which varies based on type of property you are interested in and ranges from £302,226 for detached house to around £254,094 for semi-detached. Similarly terraced house is around £137,468. Values have been changing and have risen £1,634 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,645 in last 6 months, £17,894 in last 1 year, £27,344 in last 2 years, £31,308 in last 3 years, £29,198 in last 4 years and £27,036 in last 5 years.

Currently average asking price of a property in Market Lane, Blundeston, Lowestoft, NR32 is around £189,578 based on approximately 1 properties for sale. Same is the case with rental options based on 93 properties up for rent, average asking rent is around £838 per month.

Estimated property value in Market Lane, Blundeston, Lowestoft, NR32 is £258,483. Average asking price is £189,578 while average price paid is £335,000 which is up by £17,894 and Avg. asking rent £838.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 Market Lane, Blundeston, Lowestoft, NR32 area. In last 1 year alone average price buyer paid is around £335,000 based on approximately 1 sales in Market Lane, Blundeston, Lowestoft, NR32 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £221,083. 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 £229,562 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £224,650 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 2 bedroom is around £116,147, £143,050 for a 3 bedroom house, £266,681 for a 4 bedroom house and £382,323 for a 5 bedroom house. For a flat similarly the prices varies from £72,680 for a single bedroom to £103,099 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £129,950 and £87,495 for a 4 bedroom flat. To sum up the asking prices for properties in Market Lane, Blundeston, Lowestoft, NR32 it comes to around average £72,680 for 1 bedroom property, £114,316 for 2 bedroom, £142,882 for 3 bedroom, £259,215 for 4 bedroom and £382,323 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 £467 for 2 bedroom to £609 for 3 bedroom, £700 for 4 bedroom and £1,051 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £413. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £482. You should be generally be expecting around average £413 rent per month for single bedroom property, £473 for 2 bedroom, £609 for 3 bedroom, £700 for 4 bedroom and approximately £1,051 for a 5 bedroom property in Market Lane, Blundeston, Lowestoft, NR32 area.

Popular Houses in Market Lane, Blundeston, Lowestoft, NR32

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 Market Lane, Blundeston, Lowestoft, NR32