Meadow Lane, Newtown, SY16

Street Guide For Meadow Lane, Newtown, SY16

 

Meadow Lane, Newtown, SY16 Map

Estimated Price: £265,102
Average Asking Price: £233,340
Price change in last one year: £5,818
Average Price Paid: £237,475
Average Rent Rates: £2,486

 

Property Prices Breakdown in Meadow Lane, Newtown, SY16

Average Price for property in Meadow Lane, Newtown, SY16 is around £265,102 e.g. average price for detached house is around 265,102. Values have been changing and have risen £562 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,438 in last 6 months, £5,818 in last 1 year, £14,745 in last 2 years, £19,410 in last 3 years, £19,648 in last 4 years and £13,062 in last 5 years.

Currently average asking price of a property in Meadow Lane, Newtown, SY16 is around £233,340 based on approximately 1 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £2,486 per month.

Estimated property value in Meadow Lane, Newtown, SY16 is £265,102. Average asking price is £233,340 while average price paid is £250,000 which is up by £5,818 and Avg. asking rent £2,486.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 Meadow Lane, Newtown, SY16 area. In last 1 year alone average price buyer paid is around £250,000 based on approximately 1 sales in Meadow Lane, Newtown, SY16 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £237,475. 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 £237,475 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £237,475 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 £132,500, £161,238 for a 2 bedroom house, £218,275 for a 3 bedroom house, £264,993 for a 4 bedroom house and £387,475 for a 5 bedroom house. To sum up the asking prices for properties in Meadow Lane, Newtown, SY16 it comes to around average £132,500 for 1 bedroom property, £161,238 for 2 bedroom, £218,275 for 3 bedroom, £264,993 for 4 bedroom and £387,475 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 is £524 for 3 bedroom. You should be generally be expecting around average £524 rent per month for 3 bedroom property in Meadow Lane, Newtown, SY16 area.

Popular Houses in Meadow Lane, Newtown, SY16

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 Meadow Lane, Newtown, SY16