Needwood Road, Bedford, MK41

Street Guide For Needwood Road, Bedford, MK41

 

Needwood Road, Bedford, MK41 Map

Estimated Price: £166,543
Average Asking Price: £347,780
Price change in last one year: £11,204
Average Price Paid: £141,412
Average Rent Rates: £1,852

 

Property Prices Breakdown in Needwood Road, Bedford, MK41

Average Price for property in Needwood Road, Bedford, MK41 is around £166,543 which varies based on type of property you are interested in and ranges from £168,008 for semi-detached to around £165,495 for terraced house. Values have been changing and have risen £835 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,607 in last 6 months, £11,204 in last 1 year, £19,408 in last 2 years, £24,348 in last 3 years, £21,810 in last 4 years and £22,811 in last 5 years.

Currently average asking price of a property in Needwood Road, Bedford, MK41 is around £347,780 based on approximately 4 properties for sale. Same is the case with rental options based on 41 properties up for rent, average asking rent is around £1,852 per month.

Estimated property value in Needwood Road, Bedford, MK41 is £166,543. Average asking price is £347,780 while average price paid is £157,875 which is up by £11,204 and Avg. asking rent £1,852.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 Needwood Road, Bedford, MK41 area. In last 1 year alone average price buyer paid is around £157,875 based on approximately 4 sales in Needwood Road, Bedford, MK41 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £152,166. 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 £141,412 for 12 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £138,067 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 £102,486, £153,740 for a 2 bedroom house, £249,592 for a 3 bedroom house, £346,678 for a 4 bedroom house and £445,257 for a 5 bedroom house. For a flat similarly the prices varies from £97,666 for a single bedroom to £117,500 for a 2 bedroom Flat. To sum up the asking prices for properties in Needwood Road, Bedford, MK41 it comes to around average £99,594 for 1 bedroom property, £149,713 for 2 bedroom, £249,592 for 3 bedroom, £346,678 for 4 bedroom and £445,257 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 £573 for 1 bedroom to £644 for 2 bedroom, £879 for 3 bedroom and £1,075 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £477. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £622 and £676 for 3 bedroom. You should be generally be expecting around average £554 rent per month for single bedroom property, £636 for 2 bedroom, £857 for 3 bedroom and approximately £1,074 for 4 bedroom property in Needwood Road, Bedford, MK41 area.

Popular Houses in Needwood Road, Bedford, MK41

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 Needwood Road, Bedford, MK41