Nethergate Street, Bungay, NR35

Street Guide For Nethergate Street, Bungay, NR35

 

Nethergate Street, Bungay, NR35 Map

Estimated Price: £223,991
Average Asking Price: £296,811
Price change in last one year: £18,759
Average Price Paid: £199,996
Average Rent Rates: £735

 

Property Prices Breakdown in Nethergate Street, Bungay, NR35

Average Price for property in Nethergate Street, Bungay, NR35 is around £223,991 which varies based on type of property you are interested in and ranges from £295,400 for detached house to around £176,917 for semi-detached. Similarly terraced house is around £161,914 and a flat is worth £65,869. Values have been changing and have risen £1,935 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,316 in last 6 months, £18,759 in last 1 year, £21,126 in last 2 years, £25,526 in last 3 years, £23,780 in last 4 years and £25,630 in last 5 years.

Currently average asking price of a property in Nethergate Street, Bungay, NR35 is around £296,811 based on approximately 2 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £735 per month.

Estimated property value in Nethergate Street, Bungay, NR35 is £223,991. Average asking price is £296,811 while average price paid is £191,750 which is up by £18,759 and Avg. asking rent £735.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 Nethergate Street, Bungay, NR35 area. In last 1 year alone average price buyer paid is around £191,750 based on approximately 2 sales in Nethergate Street, Bungay, NR35 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £185,938. 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 £199,996 for 13 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £184,872 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 2 bedroom is around £166,025, £270,254 for a 3 bedroom house, £338,401 for a 4 bedroom house and £700,000 for a 5 bedroom house. For a flat similarly the prices varies from £99,317 for a single bedroom to £146,633 for a 2 bedroom Flat. To sum up the asking prices for properties in Nethergate Street, Bungay, NR35 it comes to around average £99,317 for 1 bedroom property, £162,146 for 2 bedroom, £270,254 for 3 bedroom, £338,401 for 4 bedroom and £700,000 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 £432 for 1 bedroom to £588 for 2 bedrooms, £697 for 3 bedrooms, £1,365 for 4 bedrooms and £1,751 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £406. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £425. You should be generally be expecting around average £419 rent per month for single bedroom property, £547 for 2 bedroom, £696 for 3 bedroom, £1,365 for 4 bedroom and approximately £1,751 for a 5 bedroom property in Nethergate Street, Bungay, NR35 area.

Popular Houses in Nethergate Street, Bungay, NR35

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 Nethergate Street, Bungay, NR35