Mill Lane, Barnby, Beccles, NR34

Street Guide For Mill Lane, Barnby, Beccles, NR34

 

Mill Lane, Barnby, Beccles, NR34 Map

Estimated Price: £335,273
Average Asking Price: £332,685
Price change in last one year: £25,633
Average Price Paid: £299,000
Average Rent Rates: £805

 

Property Prices Breakdown in Mill Lane, Barnby, Beccles, NR34

Average Price for property in Mill Lane, Barnby, Beccles, NR34 is around £335,273 which varies based on type of property you are interested in and ranges from £396,809 for detached house to around £178,013 for semi-detached. Values have been changing and have risen £2,343 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,171 in last 6 months, £25,633 in last 1 year, £37,495 in last 2 years, £42,046 in last 3 years, £37,342 in last 4 years and £37,827 in last 5 years.

Currently average asking price of a property in Mill Lane, Barnby, Beccles, NR34 is around £332,685 based on approximately 5 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £805 per month.

Estimated property value in Mill Lane, Barnby, Beccles, NR34 is £335,273. Average asking price is £332,685 while average price paid is £303,100 which is up by £25,633 and Avg. asking rent £805.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 Mill Lane, Barnby, Beccles, NR34 area. In last 1 year alone average price buyer paid is around £303,100 based on approximately 5 sales in Mill Lane, Barnby, Beccles, NR34 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £292,500. 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 £299,000 for 13 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £276,685 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 £176,244, £228,304 for a 3 bedroom house, £461,229 for a 4 bedroom house and £454,633 for a 5 bedroom house. For a flat similarly the prices varies from £78,972 for a single bedroom to £84,998 for a 2 bedroom Flat. To sum up the asking prices for properties in Mill Lane, Barnby, Beccles, NR34 it comes to around average £78,972 for 1 bedroom property, £162,557 for 2 bedroom, £228,304 for 3 bedroom, £461,229 for 4 bedroom and £454,633 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 £520 for 1 bedroom to £590 for 2 bedrooms, £645 for 3 bedrooms, £1,066 for 4 bedrooms and £1,599 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £415. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £494 and £901 for 3 bedroom. You should be generally be expecting around average £467 rent per month for single bedroom property, £583 for 2 bedroom, £659 for 3 bedroom, £1,066 for 4 bedroom and approximately £1,599 for a 5 bedroom property in Mill Lane, Barnby, Beccles, NR34 area.

Popular Houses in Mill Lane, Barnby, Beccles, NR34

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 Mill Lane, Barnby, Beccles, NR34