Morell Close, New Barnet, Barnet, EN5

Street Guide For Morell Close, New Barnet, Barnet, EN5

 
 

Morell Close, New Barnet, Barnet, EN5 Map

Estimated Price: £349,230
Average Asking Price: £747,703
Price change in last one year: £33,795
Average Price Paid: £254,944
Average Rent Rates: £2,400

Talbie's
Talbie's, Prospect House, 2 Athenaeum Road, Whetst

Free House valuation

 

Property Prices Breakdown in Morell Close, New Barnet, Barnet, EN5

Values have been changing and have risen £2,735 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,579 in last 6 months, £33,795 in last 1 year, £55,496 in last 2 years, £68,659 in last 3 years, £68,347 in last 4 years and £69,012 in last 5 years.

Currently average asking price of a property in Morell Close, New Barnet, Barnet, EN5 is around £747,703 based on approximately 0 properties for sale. Same is the case with rental options based on 135 properties up for rent, average asking rent is around £2,400 per month.

Estimated property value in Morell Close, New Barnet, Barnet, EN5 is £349,230. Average asking price is £747,703 while average price paid is £265,899 which is up by £68,659 and Avg. asking rent £2,400.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 Morell Close, New Barnet, Barnet, EN5 area. In last 3 years alone average price buyer paid is around £265,899 based on approximately 5 sales in Morell Close, New Barnet, Barnet, EN5 area alone. If you compare it to last 5 years sales of 10 properties where buyers paid around £254,944. 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 £254,537 for 12 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 £129,612, £449,930 for a 2 bedroom house, £599,630 for a 3 bedroom house, £945,614 for a 4 bedroom house and £1,330,440 for a 5 bedroom house. For a flat similarly the prices varies from £192,064 for a single bedroom to £348,352 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £493,058 and £835,000 for a 5 bedroom flat. To sum up the asking prices for properties in Morell Close, New Barnet, Barnet, EN5 it comes to around average £178,186 for 1 bedroom property, £376,568 for 2 bedroom, £582,578 for 3 bedroom, £945,614 for 4 bedroom and £1,318,918 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 £867 for 1 bedroom to £1,962 for 2 bedrooms, £1,895 for 3 bedrooms, £2,483 for 4 bedrooms and £8,545 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £938. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,327, £1,849 for 3 bedroom and £1,473 for 4 bedroom. You should be generally be expecting around average £924 rent per month for single bedroom property, £1,381 for 2 bedroom, £1,864 for 3 bedroom, £2,315 for 4 bedroom and approximately £8,545 for a 5 bedroom property in Morell Close, New Barnet, Barnet, EN5 area.

Popular Houses in Morell Close, New Barnet, Barnet, EN5

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.

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Areas in and around Morell Close, New Barnet, Barnet, EN5