Marlpit Lane, Norton, Gloucester, GL2

Street Guide For Marlpit Lane, Norton, Gloucester, GL2

 

Marlpit Lane, Norton, Gloucester, GL2 Map

Estimated Price: £544,765
Average Asking Price: £291,453
Price change in last one year: £49,056
Average Price Paid: £310,000
Average Rent Rates: £649

 

Property Prices Breakdown in Marlpit Lane, Norton, Gloucester, GL2

Average Price for property in Marlpit Lane, Norton, Gloucester, GL2 is around £544,765 e.g. average price for detached house is around 544,765. Values have been changing and have risen £4,909 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,872 in last 6 months, £49,056 in last 1 year, £63,454 in last 2 years, £65,603 in last 3 years, £65,960 in last 4 years and £69,109 in last 5 years.

Currently average asking price of a property in Marlpit Lane, Norton, Gloucester, GL2 is around £291,453 based on approximately 0 properties for sale. Same is the case with rental options based on 112 properties up for rent, average asking rent is around £649 per month.

Estimated property value in Marlpit Lane, Norton, Gloucester, GL2 is £544,765. Average asking price is £291,453 while average price paid is £310,000 which is up by £65,603 and Avg. asking rent £649.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 Marlpit Lane, Norton, Gloucester, GL2 area. In last 3 years alone average price buyer paid is around £310,000 based on approximately 1 sales in Marlpit Lane, Norton, Gloucester, GL2 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £310,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £310,000 for 1 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 £71,986, £151,176 for a 2 bedroom house, £214,694 for a 3 bedroom house, £341,354 for a 4 bedroom house and £460,756 for a 5 bedroom house. For a flat similarly the prices varies from £76,834 for a single bedroom to £102,295 for a 2 bedroom Flat. To sum up the asking prices for properties in Marlpit Lane, Norton, Gloucester, GL2 it comes to around average £75,449 for 1 bedroom property, £142,289 for 2 bedroom, £214,694 for 3 bedroom, £341,354 for 4 bedroom and £460,756 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 £391 for 1 bedroom to £611 for 2 bedrooms, £758 for 3 bedrooms, £956 for 4 bedrooms and £1,595 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £464. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £564. You should be generally be expecting around average £431 rent per month for single bedroom property, £587 for 2 bedroom, £758 for 3 bedroom, £956 for 4 bedroom and approximately £1,594 for a 5 bedroom property in Marlpit Lane, Norton, Gloucester, GL2 area.

Popular Houses in Marlpit Lane, Norton, Gloucester, GL2

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 Marlpit Lane, Norton, Gloucester, GL2