Meadow Rise, South Creake, Fakenham, NR21

Street Guide For Meadow Rise, South Creake, Fakenham, NR21

 

Meadow Rise, South Creake, Fakenham, NR21 Map

Estimated Price: £118,312
Average Asking Price: £268,877
Price change in last one year: £11,721
Average Price Paid: £111,333
Average Rent Rates: £864

 

Property Prices Breakdown in Meadow Rise, South Creake, Fakenham, NR21

Average Price for property in Meadow Rise, South Creake, Fakenham, NR21 is around £118,312 which varies based on type of property you are interested in and ranges from £118,843 for terraced house to around £117,663 for a flat. Values have been changing and have risen £1,189 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,897 in last 6 months, £11,721 in last 1 year, £13,542 in last 2 years, £15,746 in last 3 years, £15,356 in last 4 years and £15,406 in last 5 years.

Currently average asking price of a property in Meadow Rise, South Creake, Fakenham, NR21 is around £268,877 based on approximately 2 properties for sale. Same is the case with rental options based on 39 properties up for rent, average asking rent is around £864 per month.

Estimated property value in Meadow Rise, South Creake, Fakenham, NR21 is £118,312. Average asking price is £268,877 while average price paid is £121,500 which is up by £11,721 and Avg. asking rent £864.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 Rise, South Creake, Fakenham, NR21 area. In last 1 year alone average price buyer paid is around £121,500 based on approximately 2 sales in Meadow Rise, South Creake, Fakenham, NR21 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £117,000. 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 £111,333 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £109,000 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 £157,920, £234,552 for a 3 bedroom house, £401,196 for a 4 bedroom house and £443,744 for a 5 bedroom house. For a flat similarly the prices varies from £81,600 for a single bedroom to £98,914 for a 2 bedroom Flat. To sum up the asking prices for properties in Meadow Rise, South Creake, Fakenham, NR21 it comes to around average £81,600 for 1 bedroom property, £145,772 for 2 bedroom, £234,552 for 3 bedroom, £401,196 for 4 bedroom and £443,744 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 £485 for 1 bedroom to £579 for 2 bedrooms, £664 for 3 bedrooms, £950 for 4 bedrooms and £1,415 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £451. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £534. You should be generally be expecting around average £462 rent per month for single bedroom property, £569 for 2 bedroom, £664 for 3 bedroom, £950 for 4 bedroom and approximately £1,415 for a 5 bedroom property in Meadow Rise, South Creake, Fakenham, NR21 area.

Popular Houses in Meadow Rise, South Creake, Fakenham, NR21

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 Rise, South Creake, Fakenham, NR21