Mellanvrane Lane, Newquay, TR7

Street Guide For Mellanvrane Lane, Newquay, TR7

 

Mellanvrane Lane, Newquay, TR7 Map

Estimated Price: £288,732
Average Asking Price: £255,851
Price change in last one year: £14,625
Average Price Paid: £237,714
Average Rent Rates: £895

 

Property Prices Breakdown in Mellanvrane Lane, Newquay, TR7

Average Price for property in Mellanvrane Lane, Newquay, TR7 is around £288,732 which varies based on type of property you are interested in and ranges from £311,014 for detached house to around £251,963 for semi-detached. Similarly terraced house is around £167,323. Values have been changing and have risen £2,370 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,563 in last 6 months, £14,625 in last 1 year, £24,100 in last 2 years, £21,447 in last 3 years, £14,093 in last 4 years and £18,224 in last 5 years.

Currently average asking price of a property in Mellanvrane Lane, Newquay, TR7 is around £255,851 based on approximately 0 properties for sale. Same is the case with rental options based on 88 properties up for rent, average asking rent is around £895 per month.

Estimated property value in Mellanvrane Lane, Newquay, TR7 is £288,732. Average asking price is £255,851 while average price paid is £237,500 which is up by £21,447 and Avg. asking rent £895.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 Mellanvrane Lane, Newquay, TR7 area. In last 3 years alone average price buyer paid is around £237,500 based on approximately 4 sales in Mellanvrane Lane, Newquay, TR7 area alone. If you compare it to last 5 years sales of 7 properties where buyers paid around £237,714. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £239,250 for 8 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 £97,500, £197,132 for a 2 bedroom house, £246,208 for a 3 bedroom house, £360,427 for a 4 bedroom house and £435,938 for a 5 bedroom house. For a flat similarly the prices varies from £115,022 for a single bedroom to £199,779 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £347,990 and £795,000 for a 5 bedroom flat. To sum up the asking prices for properties in Mellanvrane Lane, Newquay, TR7 it comes to around average £114,167 for 1 bedroom property, £199,362 for 2 bedroom, £263,172 for 3 bedroom, £360,427 for 4 bedroom and £457,059 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 £710 for 2 bedroom to £864 for 3 bedroom and £933 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £492. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £702 and £822 for 3 bedroom. You should be generally be expecting around average £492 rent per month for single bedroom property, £704 for 2 bedroom, £850 for 3 bedroom and approximately £933 for 4 bedroom property in Mellanvrane Lane, Newquay, TR7 area.

Popular Houses in Mellanvrane Lane, Newquay, TR7

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 Mellanvrane Lane, Newquay, TR7