Mitre Close, Bedford, MK41

Street Guide For Mitre Close, Bedford, MK41

 

Mitre Close, Bedford, MK41 Map

Estimated Price: £240,635
Average Asking Price: £347,780
Price change in last one year: £16,035
Average Price Paid: £178,750
Average Rent Rates: £1,852

 

Property Prices Breakdown in Mitre Close, Bedford, MK41

Average Price for property in Mitre Close, Bedford, MK41 is around £240,635 which varies based on type of property you are interested in and ranges from £287,459 for detached house to around £229,993 for semi-detached. Similarly terraced house is around £185,297. Values have been changing and have risen £1,193 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,730 in last 6 months, £16,035 in last 1 year, £27,778 in last 2 years, £34,843 in last 3 years, £31,207 in last 4 years and £32,639 in last 5 years.

Currently average asking price of a property in Mitre Close, Bedford, MK41 is around £347,780 based on approximately 0 properties for sale. Same is the case with rental options based on 41 properties up for rent, average asking rent is around £1,852 per month.

Estimated property value in Mitre Close, Bedford, MK41 is £240,635. Average asking price is £347,780 while average price paid is £178,750 which is up by £34,843 and Avg. asking rent £1,852.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 Mitre Close, Bedford, MK41 area. In last 3 years alone average price buyer paid is around £178,750 based on approximately 2 sales in Mitre Close, Bedford, MK41 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £178,750. 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 £184,800 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 £102,486, £153,740 for a 2 bedroom house, £249,592 for a 3 bedroom house, £346,678 for a 4 bedroom house and £445,257 for a 5 bedroom house. For a flat similarly the prices varies from £97,666 for a single bedroom to £117,500 for a 2 bedroom Flat. To sum up the asking prices for properties in Mitre Close, Bedford, MK41 it comes to around average £99,594 for 1 bedroom property, £149,713 for 2 bedroom, £249,592 for 3 bedroom, £346,678 for 4 bedroom and £445,257 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 £573 for 1 bedroom to £644 for 2 bedroom, £879 for 3 bedroom and £1,075 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £477. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £622 and £676 for 3 bedroom. You should be generally be expecting around average £554 rent per month for single bedroom property, £636 for 2 bedroom, £857 for 3 bedroom and approximately £1,074 for 4 bedroom property in Mitre Close, Bedford, MK41 area.

Popular Houses in Mitre Close, Bedford, MK41

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 Mitre Close, Bedford, MK41