Medcalfe Way, Melbourn, Royston, SG8

Street Guide For Medcalfe Way, Melbourn, Royston, SG8

 

Medcalfe Way, Melbourn, Royston, SG8 Map

Estimated Price: £254,104
Average Asking Price: £399,078
Price change in last one year: £23,805
Average Price Paid: £203,136
Average Rent Rates: £1,347

 

Property Prices Breakdown in Medcalfe Way, Melbourn, Royston, SG8

Average Price for property in Medcalfe Way, Melbourn, Royston, SG8 is around £254,104 which varies based on type of property you are interested in and ranges from £269,438 for detached house to around £269,853 for semi-detached. Similarly terraced house is around £224,683. Values have been changing and have risen £4,351 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,613 in last 6 months, £23,805 in last 1 year, £35,993 in last 2 years, £36,070 in last 3 years, £36,206 in last 4 years and £39,423 in last 5 years.

Currently average asking price of a property in Medcalfe Way, Melbourn, Royston, SG8 is around £399,078 based on approximately 4 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £1,347 per month.

Estimated property value in Medcalfe Way, Melbourn, Royston, SG8 is £254,104. Average asking price is £399,078 while average price paid is £227,875 which is up by £23,805 and Avg. asking rent £1,347.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 Medcalfe Way, Melbourn, Royston, SG8 area. In last 1 year alone average price buyer paid is around £227,875 based on approximately 4 sales in Medcalfe Way, Melbourn, Royston, SG8 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £226,642. 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 £203,136 for 11 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £204,384 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 £160,000, £278,518 for a 2 bedroom house, £372,293 for a 3 bedroom house, £527,452 for a 4 bedroom house and £705,666 for a 5 bedroom house. For a flat similarly the prices varies from £143,921 for a single bedroom to £168,199 for a 2 bedroom Flat. To sum up the asking prices for properties in Medcalfe Way, Melbourn, Royston, SG8 it comes to around average £144,993 for 1 bedroom property, £236,088 for 2 bedroom, £372,293 for 3 bedroom, £527,452 for 4 bedroom and £705,666 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 £829 for 2 bedroom to £997 for 3 bedroom and £1,849 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £673. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £716. You should be generally be expecting around average £673 rent per month for single bedroom property, £792 for 2 bedroom, £997 for 3 bedroom and approximately £1,849 for 4 bedroom property in Medcalfe Way, Melbourn, Royston, SG8 area.

Popular Houses in Medcalfe Way, Melbourn, Royston, SG8

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 Medcalfe Way, Melbourn, Royston, SG8