Mill Road, Potter Heigham, Great Yarmouth, NR29

Street Guide For Mill Road, Potter Heigham, Great Yarmouth, NR29

 

Mill Road, Potter Heigham, Great Yarmouth, NR29 Map

Estimated Price: £239,074
Average Asking Price: £217,423
Price change in last one year: £16,934
Average Price Paid: £171,300
Average Rent Rates: £938

 

Property Prices Breakdown in Mill Road, Potter Heigham, Great Yarmouth, NR29

Average Price for property in Mill Road, Potter Heigham, Great Yarmouth, NR29 is around £239,074 which varies based on type of property you are interested in and ranges from £266,891 for detached house to around £216,932 for semi-detached. Similarly terraced house is around £138,789. Values have been changing and have risen £820 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,457 in last 6 months, £16,934 in last 1 year, £21,232 in last 2 years, £27,266 in last 3 years, £24,914 in last 4 years and £25,040 in last 5 years.

Currently average asking price of a property in Mill Road, Potter Heigham, Great Yarmouth, NR29 is around £217,423 based on approximately 2 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £938 per month.

Estimated property value in Mill Road, Potter Heigham, Great Yarmouth, NR29 is £239,074. Average asking price is £217,423 while average price paid is £237,500 which is up by £16,934 and Avg. asking rent £938.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 Road, Potter Heigham, Great Yarmouth, NR29 area. In last 1 year alone average price buyer paid is around £237,500 based on approximately 2 sales in Mill Road, Potter Heigham, Great Yarmouth, NR29 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £168,060. 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 £171,300 for 6 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £185,311 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 £35,000, £88,868 for a 2 bedroom house, £210,132 for a 3 bedroom house, £306,426 for a 4 bedroom house and £409,062 for a 5 bedroom house. For a flat the prices of 2 bedroom is £123,990. To sum up the asking prices for properties in Mill Road, Potter Heigham, Great Yarmouth, NR29 it comes to around average £35,000 for 1 bedroom property, £91,307 for 2 bedroom, £210,132 for 3 bedroom, £306,426 for 4 bedroom and £409,062 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 £764 for 2 bedroom to £711 for 3 bedroom, £1,019 for 4 bedroom and £1,103 for 5 bedroom. You should be generally be expecting around average £764 rent per month for 2 bedroom property, £711 for 3 bedroom, £1,019 for 4 bedroom and approximately £1,103 for 5 bedroom property in Mill Road, Potter Heigham, Great Yarmouth, NR29 area.

Popular Houses in Mill Road, Potter Heigham, Great Yarmouth, NR29

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 Road, Potter Heigham, Great Yarmouth, NR29