Monkhams Drive, Watton, Thetford, IP25

Street Guide For Monkhams Drive, Watton, Thetford, IP25

 

Monkhams Drive, Watton, Thetford, IP25 Map

Estimated Price: £219,198
Average Asking Price: £261,559
Price change in last one year: £19,863
Average Price Paid: £185,375
Average Rent Rates: £1,080

 

Property Prices Breakdown in Monkhams Drive, Watton, Thetford, IP25

Average Price for property in Monkhams Drive, Watton, Thetford, IP25 is around £219,198 e.g. average price for detached house is around 219,198. Values have been changing and have risen £2,045 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,215 in last 6 months, £19,863 in last 1 year, £28,501 in last 2 years, £30,736 in last 3 years, £33,576 in last 4 years and £30,890 in last 5 years.

Currently average asking price of a property in Monkhams Drive, Watton, Thetford, IP25 is around £261,559 based on approximately 2 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £1,080 per month.

Estimated property value in Monkhams Drive, Watton, Thetford, IP25 is £219,198. Average asking price is £261,559 while average price paid is £214,500 which is up by £19,863 and Avg. asking rent £1,080.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 Monkhams Drive, Watton, Thetford, IP25 area. In last 1 year alone average price buyer paid is around £214,500 based on approximately 2 sales in Monkhams Drive, Watton, Thetford, IP25 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £214,500. 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 £185,375 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £200,300 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 £150,056, £198,338 for a 3 bedroom house, £289,727 for a 4 bedroom house and £338,183 for a 5 bedroom house. For a flat the prices of single bedroom is £80,000. To sum up the asking prices for properties in Monkhams Drive, Watton, Thetford, IP25 it comes to around average £80,000 for 1 bedroom property, £150,056 for 2 bedroom, £198,338 for 3 bedroom, £289,727 for 4 bedroom and £338,183 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 £485 for 1 bedroom to £566 for 2 bedroom, £681 for 3 bedroom and £938 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £459. You should be generally be expecting around average £470 rent per month for single bedroom property, £566 for 2 bedroom, £682 for 3 bedroom and approximately £938 for 4 bedroom property in Monkhams Drive, Watton, Thetford, IP25 area.

Popular Houses in Monkhams Drive, Watton, Thetford, IP25

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 Monkhams Drive, Watton, Thetford, IP25