Murdoch Road, Wokingham, RG40

Street Guide For Murdoch Road, Wokingham, RG40

 

Murdoch Road, Wokingham, RG40 Map

Estimated Price: £675,647
Average Asking Price: £551,392
Price change in last one year: £50,618
Average Price Paid: £522,615
Average Rent Rates: £1,234

 

Property Prices Breakdown in Murdoch Road, Wokingham, RG40

Average Price for property in Murdoch Road, Wokingham, RG40 is around £675,647 which varies based on type of property you are interested in and ranges from £1,437,625 for detached house to around £744,173 for semi-detached. Similarly flat is around £398,618. Values have been changing and have risen £2,804 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,604 in last 6 months, £50,618 in last 1 year, £88,837 in last 2 years, £100,462 in last 3 years, £105,031 in last 4 years and £109,871 in last 5 years.

Currently average asking price of a property in Murdoch Road, Wokingham, RG40 is around £551,392 based on approximately 3 properties for sale. Same is the case with rental options based on 59 properties up for rent, average asking rent is around £1,234 per month.

Estimated property value in Murdoch Road, Wokingham, RG40 is £675,647. Average asking price is £551,392 while average price paid is £850,833 which is up by £50,618 and Avg. asking rent £1,234.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 Murdoch Road, Wokingham, RG40 area. In last 1 year alone average price buyer paid is around £850,833 based on approximately 3 sales in Murdoch Road, Wokingham, RG40 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £641,250. 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 £522,615 for 13 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £447,833 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 1 bedroom is around £216,650, £277,747 for a 2 bedroom house, £392,565 for a 3 bedroom house, £641,754 for a 4 bedroom house and £859,997 for a 5 bedroom house. For a flat similarly the prices varies from £199,962 for a single bedroom to £277,480 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £269,983. To sum up the asking prices for properties in Murdoch Road, Wokingham, RG40 it comes to around average £207,114 for 1 bedroom property, £277,613 for 2 bedroom, £378,421 for 3 bedroom, £641,754 for 4 bedroom and £859,997 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 £682 for 1 bedroom to £1,115 for 2 bedrooms, £1,248 for 3 bedrooms, £2,125 for 4 bedrooms and £2,899 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £815. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,188. You should be generally be expecting around average £778 rent per month for single bedroom property, £1,149 for 2 bedroom, £1,248 for 3 bedroom, £2,125 for 4 bedroom and approximately £2,899 for a 5 bedroom property in Murdoch Road, Wokingham, RG40 area.

Popular Houses in Murdoch Road, Wokingham, RG40

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 Murdoch Road, Wokingham, RG40