Middle Springs, Goring, Reading, RG8

Street Guide For Middle Springs, Goring, Reading, RG8

 

Middle Springs, Goring, Reading, RG8 Map

Estimated Price: £439,953
Average Asking Price: £898,805
Price change in last one year: £32,491
Average Price Paid: £542,500
Average Rent Rates: £1,662

 

Property Prices Breakdown in Middle Springs, Goring, Reading, RG8

Average Price for property in Middle Springs, Goring, Reading, RG8 is around £439,953 which varies based on type of property you are interested in and ranges from £433,521 for detached house to around £481,202 for semi-detached. Similarly terraced house is around £281,393. Values have been changing and have risen £2,755 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,922 in last 6 months, £32,491 in last 1 year, £53,807 in last 2 years, £59,007 in last 3 years, £55,327 in last 4 years and £62,444 in last 5 years.

Currently average asking price of a property in Middle Springs, Goring, Reading, RG8 is around £898,805 based on approximately 2 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £1,662 per month.

Estimated property value in Middle Springs, Goring, Reading, RG8 is £439,953. Average asking price is £898,805 while average price paid is £542,500 which is up by £32,491 and Avg. asking rent £1,662.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 Springs, Goring, Reading, RG8 area. In last 1 year alone average price buyer paid is around £542,500 based on approximately 2 sales in Middle Springs, Goring, Reading, RG8 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £542,500. 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 £542,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £542,500 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 £342,856, £483,561 for a 3 bedroom house, £774,017 for a 4 bedroom house and £1,483,241 for a 5 bedroom house. For a flat similarly the prices varies from £366,125 for a 2 bedroom to £695,000 for a 3 bedroom Flat. Same is the case with 4 bedroom flat £1,295,000. To sum up the asking prices for properties in Middle Springs, Goring, Reading, RG8 it comes to around average £354,491 for 2 bedroom property, £492,371 for 3 bedroom, £785,342 for 4 bedroom and £1,483,241 for 5 bedroom.

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 £1,294 for 2 bedroom to £1,442 for 3 bedroom, £2,084 for 4 bedroom and £3,952 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £849. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £991. You should be generally be expecting around average £850 rent per month for single bedroom property, £1,078 for 2 bedroom, £1,442 for 3 bedroom, £2,084 for 4 bedroom and approximately £3,952 for a 5 bedroom property in Middle Springs, Goring, Reading, RG8 area.

Popular Houses in Middle Springs, Goring, Reading, RG8

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 Springs, Goring, Reading, RG8