Middle Drove, Gedney, Spalding, PE12

Street Guide For Middle Drove, Gedney, Spalding, PE12

 

Middle Drove, Gedney, Spalding, PE12 Map

Estimated Price: £162,987
Average Asking Price: £234,678
Price change in last one year: £11,428
Average Price Paid: £137,250
Average Rent Rates: £882

 

Property Prices Breakdown in Middle Drove, Gedney, Spalding, PE12

Average Price for property in Middle Drove, Gedney, Spalding, PE12 is around £162,987 e.g. average price for detached house is around 162,987. Values have been changing and have risen £834 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,292 in last 6 months, £11,428 in last 1 year, £19,354 in last 2 years, £19,474 in last 3 years, £18,392 in last 4 years and £15,709 in last 5 years.

Currently average asking price of a property in Middle Drove, Gedney, Spalding, PE12 is around £234,678 based on approximately 1 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £882 per month.

Estimated property value in Middle Drove, Gedney, Spalding, PE12 is £162,987. Average asking price is £234,678 while average price paid is £142,500 which is up by £11,428 and Avg. asking rent £882.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 Middle Drove, Gedney, Spalding, PE12 area. In last 1 year alone average price buyer paid is around £142,500 based on approximately 1 sales in Middle Drove, Gedney, Spalding, PE12 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £137,250. 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 £137,250 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £137,250 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 £92,474, £135,244 for a 2 bedroom house, £204,291 for a 3 bedroom house, £294,768 for a 4 bedroom house and £370,185 for a 5 bedroom house. For a flat similarly the prices varies from £82,495 for a single bedroom to £107,472 for a 2 bedroom Flat. To sum up the asking prices for properties in Middle Drove, Gedney, Spalding, PE12 it comes to around average £87,484 for 1 bedroom property, £132,930 for 2 bedroom, £204,291 for 3 bedroom, £294,768 for 4 bedroom and £370,185 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 £425 for 1 bedroom to £566 for 2 bedroom and £631 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £423. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £477. You should be generally be expecting around average £423 rent per month for single bedroom property, £550 for 2 bedroom and approximately £631 for 3 bedroom property in Middle Drove, Gedney, Spalding, PE12 area.

Popular Houses in Middle Drove, Gedney, Spalding, PE12

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 Middle Drove, Gedney, Spalding, PE12