Monkgate, York, YO31

Street Guide For Monkgate, York, YO31

 

Monkgate, York, YO31 Map

Estimated Price: £239,958
Average Asking Price: £256,502
Price change in last one year: £11,673
Average Price Paid: £189,235
Average Rent Rates: £684

 

Property Prices Breakdown in Monkgate, York, YO31

Values have been changing and have risen £539 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,947 in last 6 months, £11,673 in last 1 year, £22,763 in last 2 years, £25,309 in last 3 years, £20,461 in last 4 years and £23,221 in last 5 years.

Currently average asking price of a property in Monkgate, York, YO31 is around £256,502 based on approximately 7 properties for sale. Same is the case with rental options based on 80 properties up for rent, average asking rent is around £684 per month.

Estimated property value in Monkgate, York, YO31 is £239,958. Average asking price is £256,502 while average price paid is £218,214 which is up by £11,673 and Avg. asking rent £684.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 Monkgate, York, YO31 area. In last 1 year alone average price buyer paid is around £218,214 based on approximately 7 sales in Monkgate, York, YO31 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £189,356. 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 £189,235 for 27 and average amount paid for purchase of approx. 37 properties sold in last 7 years comes to about £187,833 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 £189,849, £219,442 for a 3 bedroom house, £328,181 for a 4 bedroom house and £404,286 for a 5 bedroom house. For a flat similarly the prices varies from £124,290 for a single bedroom to £155,436 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £230,000. To sum up the asking prices for properties in Monkgate, York, YO31 it comes to around average £124,290 for 1 bedroom property, £176,330 for 2 bedroom, £219,744 for 3 bedroom, £328,181 for 4 bedroom and £404,286 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 £419 for 1 bedroom to £687 for 2 bedrooms, £572 for 3 bedrooms, £660 for 4 bedrooms and £454 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £976. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £816. You should be generally be expecting around average £790 rent per month for single bedroom property, £770 for 2 bedroom, £572 for 3 bedroom, £660 for 4 bedroom and approximately £454 for a 5 bedroom property in Monkgate, York, YO31 area.

Popular Houses in Monkgate, York, YO31

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 Monkgate, York, YO31