Marwell Drive, Washington, NE37

Street Guide For Marwell Drive, Washington, NE37

 

Marwell Drive, Washington, NE37 Map

Estimated Price: £188,797
Average Asking Price: £101,987
Price change in last one year: £9,489
Average Price Paid: £130,370
Average Rent Rates: £651

 

Property Prices Breakdown in Marwell Drive, Washington, NE37

Average Price for property in Marwell Drive, Washington, NE37 is around £188,797 which varies based on type of property you are interested in and ranges from £252,551 for detached house to around £155,233 for semi-detached. Similarly terraced house is around £154,294. Values have been changing and have risen £772 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,690 in last 6 months, £9,489 in last 1 year, £14,695 in last 2 years, £19,900 in last 3 years, £12,142 in last 4 years and £8,856 in last 5 years.

Currently average asking price of a property in Marwell Drive, Washington, NE37 is around £101,987 based on approximately 1 properties for sale. Same is the case with rental options based on 48 properties up for rent, average asking rent is around £651 per month.

Estimated property value in Marwell Drive, Washington, NE37 is £188,797. Average asking price is £101,987 while average price paid is £115,000 which is up by £9,489 and Avg. asking rent £651.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 Marwell Drive, Washington, NE37 area. In last 1 year alone average price buyer paid is around £115,000 based on approximately 1 sales in Marwell Drive, Washington, NE37 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £129,431. 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 £130,370 for 12 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £141,960 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 £99,694, £117,520 for a 3 bedroom house and £182,312 for a 4 bedroom house. For a flat similarly the prices varies from £31,607 for a single bedroom to £45,708 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £31,975 and £45,000 for a 4 bedroom flat. To sum up the asking prices for properties in Marwell Drive, Washington, NE37 it comes to around average £31,607 for 1 bedroom property, £63,061 for 2 bedroom, £113,133 for 3 bedroom and £173,730 for 4 bedroom.

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 £516 for 2 bedroom to £561 for 3 bedroom and £650 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £314. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £407 and £422 for 3 bedroom. You should be generally be expecting around average £314 rent per month for single bedroom property, £450 for 2 bedroom, £526 for 3 bedroom and approximately £650 for 4 bedroom property in Marwell Drive, Washington, NE37 area.

Popular Houses in Marwell Drive, Washington, NE37

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 Marwell Drive, Washington, NE37