Moorhen Drive, Lower Earley, Reading, RG6

Street Guide For Moorhen Drive, Lower Earley, Reading, RG6

 
 

Moorhen Drive, Lower Earley, Reading, RG6 Map

Estimated Price: £390,023
Average Asking Price: £431,816
Price change in last one year: £28,953
Average Price Paid: £259,119
Average Rent Rates: £3,716

Martyn Russell Lettings
3 Church Road Earley, Reading, Berkshire,

Free House valuation

 

Property Prices Breakdown in Moorhen Drive, Lower Earley, Reading, RG6

Average Price for property in Moorhen Drive, Lower Earley, Reading, RG6 is around £390,023 which varies based on type of property you are interested in and ranges from £475,878 for detached house to around £362,235 for semi-detached. Similarly terraced house is around £297,531. Values have been changing and have risen £1,018 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,509 in last 6 months, £28,953 in last 1 year, £52,988 in last 2 years, £60,931 in last 3 years, £60,555 in last 4 years and £59,277 in last 5 years.

Currently average asking price of a property in Moorhen Drive, Lower Earley, Reading, RG6 is around £431,816 based on approximately 4 properties for sale. Same is the case with rental options based on 253 properties up for rent, average asking rent is around £3,716 per month.

Estimated property value in Moorhen Drive, Lower Earley, Reading, RG6 is £390,023. Average asking price is £431,816 while average price paid is £354,875 which is up by £28,953 and Avg. asking rent £3,716.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 Moorhen Drive, Lower Earley, Reading, RG6 area. In last 1 year alone average price buyer paid is around £354,875 based on approximately 4 sales in Moorhen Drive, Lower Earley, Reading, RG6 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £305,166. 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 £259,119 for 21 and average amount paid for purchase of approx. 28 properties sold in last 7 years comes to about £255,625 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 £183,725, £265,517 for a 2 bedroom house, £367,791 for a 3 bedroom house, £531,194 for a 4 bedroom house and £520,990 for a 5 bedroom house. For a flat similarly the prices varies from £150,000 for a single bedroom to £201,792 for a 2 bedroom Flat. To sum up the asking prices for properties in Moorhen Drive, Lower Earley, Reading, RG6 it comes to around average £166,862 for 1 bedroom property, £240,027 for 2 bedroom, £367,791 for 3 bedroom, £531,194 for 4 bedroom and £520,990 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 £551 for 1 bedroom to £949 for 2 bedrooms, £1,050 for 3 bedrooms, £1,039 for 4 bedrooms and £1,295 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £776. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,130, £713 for 3 bedroom and £1,001 for 4 bedroom. You should be generally be expecting around average £564 rent per month for single bedroom property, £1,094 for 2 bedroom, £1,016 for 3 bedroom, £1,038 for 4 bedroom and approximately £1,295 for a 5 bedroom property in Moorhen Drive, Lower Earley, Reading, RG6 area.

Popular Houses in Moorhen Drive, Lower Earley, Reading, RG6

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 Moorhen Drive, Lower Earley, Reading, RG6