Mill Lane, Pavenham, Bedford, MK43

Street Guide For Mill Lane, Pavenham, Bedford, MK43

 

Mill Lane, Pavenham, Bedford, MK43 Map

Estimated Price: £577,983
Average Asking Price: £341,651
Price change in last one year: £40,686
Average Price Paid: £480,000
Average Rent Rates: £1,156

 

Property Prices Breakdown in Mill Lane, Pavenham, Bedford, MK43

Average Price for property in Mill Lane, Pavenham, Bedford, MK43 is around £577,983 which varies based on type of property you are interested in and ranges from £605,200 for detached house to around £455,503 for semi-detached. Values have been changing and have risen £1,584 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,636 in last 6 months, £40,686 in last 1 year, £70,107 in last 2 years, £78,590 in last 3 years, £71,618 in last 4 years and £78,137 in last 5 years.

Currently average asking price of a property in Mill Lane, Pavenham, Bedford, MK43 is around £341,651 based on approximately 0 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £1,156 per month.

Estimated property value in Mill Lane, Pavenham, Bedford, MK43 is £577,983. Average asking price is £341,651 while average price paid is £446,666 which is up by £78,590 and Avg. asking rent £1,156.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, Pavenham, Bedford, MK43 area. In last 3 years alone average price buyer paid is around £446,666 based on approximately 3 sales in Mill Lane, Pavenham, Bedford, MK43 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £480,000. 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 £518,000 for 5 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 £116,500, £191,314 for a 2 bedroom house, £272,329 for a 3 bedroom house, £362,865 for a 4 bedroom house and £597,242 for a 5 bedroom house. For a flat similarly the prices varies from £159,745 for a single bedroom to £121,500 for a 2 bedroom Flat. To sum up the asking prices for properties in Mill Lane, Pavenham, Bedford, MK43 it comes to around average £128,856 for 1 bedroom property, £170,370 for 2 bedroom, £272,329 for 3 bedroom, £362,865 for 4 bedroom and £597,242 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 £820 for 2 bedroom to £1,573 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £624. You should be generally be expecting around average £781 rent per month for 2 bedroom property and approximately £1,573 for 4 bedroom property in Mill Lane, Pavenham, Bedford, MK43 area.

Popular Houses in Mill Lane, Pavenham, Bedford, MK43

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, Pavenham, Bedford, MK43