Millfield Road, Morton, Bourne, PE10

Street Guide For Millfield Road, Morton, Bourne, PE10

 

Millfield Road, Morton, Bourne, PE10 Map

Estimated Price: £155,263
Average Asking Price: £230,906
Price change in last one year: £11,305
Average Price Paid: £135,000
Average Rent Rates: £692

 

Property Prices Breakdown in Millfield Road, Morton, Bourne, PE10

Average Price for property in Millfield Road, Morton, Bourne, PE10 is around £155,263 which varies based on type of property you are interested in and ranges from £166,253 for detached house to around £144,275 for semi-detached. Values have been changing and have risen £1,175 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,336 in last 6 months, £11,305 in last 1 year, £20,401 in last 2 years, £18,766 in last 3 years, £17,021 in last 4 years and £17,030 in last 5 years.

Currently average asking price of a property in Millfield Road, Morton, Bourne, PE10 is around £230,906 based on approximately 1 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £692 per month.

Estimated property value in Millfield Road, Morton, Bourne, PE10 is £155,263. Average asking price is £230,906 while average price paid is £190,000 which is up by £11,305 and Avg. asking rent £692.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 Millfield Road, Morton, Bourne, PE10 area. In last 1 year alone average price buyer paid is around £190,000 based on approximately 1 sales in Millfield Road, Morton, Bourne, PE10 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £134,142. 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 £135,000 for 10 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £138,696 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 £108,331, £141,437 for a 2 bedroom house, £189,996 for a 3 bedroom house, £306,807 for a 4 bedroom house and £359,108 for a 5 bedroom house. For a flat similarly the prices varies from £81,763 for a single bedroom to £118,302 for a 2 bedroom Flat. To sum up the asking prices for properties in Millfield Road, Morton, Bourne, PE10 it comes to around average £87,456 for 1 bedroom property, £135,171 for 2 bedroom, £189,996 for 3 bedroom, £306,807 for 4 bedroom and £359,108 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 £628 for 1 bedroom to £555 for 2 bedroom, £737 for 3 bedroom and £1,001 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £360. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £536 and £494 for 3 bedroom. You should be generally be expecting around average £539 rent per month for single bedroom property, £552 for 2 bedroom, £717 for 3 bedroom and approximately £1,001 for 5 bedroom property in Millfield Road, Morton, Bourne, PE10 area.

Popular Houses in Millfield Road, Morton, Bourne, PE10

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 Millfield Road, Morton, Bourne, PE10