Morley Avenue, Churchdown, Gloucester, GL3

Street Guide For Morley Avenue, Churchdown, Gloucester, GL3

 

Morley Avenue, Churchdown, Gloucester, GL3 Map

Estimated Price: £270,126
Average Asking Price: £246,942
Price change in last one year: £24,950
Average Price Paid: £201,400
Average Rent Rates: £971

 

Property Prices Breakdown in Morley Avenue, Churchdown, Gloucester, GL3

Average Price for property in Morley Avenue, Churchdown, Gloucester, GL3 is around £270,126 which varies based on type of property you are interested in and ranges from £310,809 for detached house to around £255,333 for semi-detached. Values have been changing and have risen £2,293 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,381 in last 6 months, £24,950 in last 1 year, £31,322 in last 2 years, £36,567 in last 3 years, £33,820 in last 4 years and £34,378 in last 5 years.

Currently average asking price of a property in Morley Avenue, Churchdown, Gloucester, GL3 is around £246,942 based on approximately 1 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £971 per month.

Estimated property value in Morley Avenue, Churchdown, Gloucester, GL3 is £270,126. Average asking price is £246,942 while average price paid is £237,500 which is up by £24,950 and Avg. asking rent £971.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 Morley Avenue, Churchdown, Gloucester, GL3 area. In last 1 year alone average price buyer paid is around £237,500 based on approximately 1 sales in Morley Avenue, Churchdown, Gloucester, GL3 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £210,000. 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 £201,400 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £192,000 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 £64,975, £155,749 for a 2 bedroom house, £223,733 for a 3 bedroom house, £290,384 for a 4 bedroom house and £331,884 for a 5 bedroom house. For a flat similarly the prices varies from £92,589 for a single bedroom to £136,378 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £145,000. To sum up the asking prices for properties in Morley Avenue, Churchdown, Gloucester, GL3 it comes to around average £84,699 for 1 bedroom property, £146,756 for 2 bedroom, £222,669 for 3 bedroom, £290,384 for 4 bedroom and £331,884 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 £1,148 for 1 bedroom to £652 for 2 bedroom, £738 for 3 bedroom and £1,007 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £451. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £634. You should be generally be expecting around average £730 rent per month for single bedroom property, £642 for 2 bedroom, £738 for 3 bedroom and approximately £1,007 for 4 bedroom property in Morley Avenue, Churchdown, Gloucester, GL3 area.

Popular Houses in Morley Avenue, Churchdown, Gloucester, GL3

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 Morley Avenue, Churchdown, Gloucester, GL3