Meeching Rise, Newhaven, BN9

Street Guide For Meeching Rise, Newhaven, BN9

 
 

Meeching Rise, Newhaven, BN9 Map

Estimated Price: £214,906
Average Asking Price: £199,886
Price change in last one year: £14,366
Average Price Paid: £168,260
Average Rent Rates: £1,160

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Seaford Properties, 8 Dane Road, Seaford, BN25 1LL

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Property Prices Breakdown in Meeching Rise, Newhaven, BN9

Average Price for property in Meeching Rise, Newhaven, BN9 is around £214,906 which varies based on type of property you are interested in and ranges from £233,336 for detached house to around £230,638 for semi-detached. Similarly terraced house is around £198,275. Values have been changing and have risen £303 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £804 in last 6 months, £14,366 in last 1 year, £26,938 in last 2 years, £30,742 in last 3 years, £30,976 in last 4 years and £29,991 in last 5 years.

Currently average asking price of a property in Meeching Rise, Newhaven, BN9 is around £199,886 based on approximately 1 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £1,160 per month.

Estimated property value in Meeching Rise, Newhaven, BN9 is £214,906. Average asking price is £199,886 while average price paid is £185,500 which is up by £14,366 and Avg. asking rent £1,160.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 Meeching Rise, Newhaven, BN9 area. In last 1 year alone average price buyer paid is around £185,500 based on approximately 1 sales in Meeching Rise, Newhaven, BN9 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £167,825. 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 £168,260 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £169,383 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 £85,000, £192,714 for a 2 bedroom house, £239,995 for a 3 bedroom house, £388,750 for a 4 bedroom house and £445,000 for a 5 bedroom house. For a flat similarly the prices varies from £121,250 for a single bedroom to £170,000 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £329,950. To sum up the asking prices for properties in Meeching Rise, Newhaven, BN9 it comes to around average £114,000 for 1 bedroom property, £189,875 for 2 bedroom, £247,492 for 3 bedroom, £388,750 for 4 bedroom and £445,000 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 £676 for 1 bedroom to £823 for 2 bedroom and £1,020 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £724. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £849. You should be generally be expecting around average £676 rent per month for single bedroom property, £774 for 2 bedroom and approximately £971 for 3 bedroom property in Meeching Rise, Newhaven, BN9 area.

Popular Houses in Meeching Rise, Newhaven, BN9

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 Meeching Rise, Newhaven, BN9