New Park, March, PE15

Street Guide For New Park, March, PE15

 

New Park, March, PE15 Map

Estimated Price: £128,825
Average Asking Price: £229,032
Price change in last one year: £8,213
Average Price Paid: £109,378
Average Rent Rates: £581

 

Property Prices Breakdown in New Park, March, PE15

Average Price for property in New Park, March, PE15 is around £128,825 which varies based on type of property you are interested in and ranges from £164,969 for detached house to around £134,198 for semi-detached. Similarly terraced house is around £111,745 and a flat is worth £99,000. Values have been changing and have risen £397 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £605 in last 6 months, £8,213 in last 1 year, £16,272 in last 2 years, £15,757 in last 3 years, £16,197 in last 4 years and £12,443 in last 5 years.

Currently average asking price of a property in New Park, March, PE15 is around £229,032 based on approximately 7 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £581 per month.

Estimated property value in New Park, March, PE15 is £128,825. Average asking price is £229,032 while average price paid is £120,171 which is up by £8,213 and Avg. asking rent £581.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 New Park, March, PE15 area. In last 1 year alone average price buyer paid is around £120,171 based on approximately 7 sales in New Park, March, PE15 area alone. If you compare it to last 3 years sales of 18 properties where buyers paid around £111,177. 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 £109,378 for 23 and average amount paid for purchase of approx. 28 properties sold in last 7 years comes to about £110,131 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 £109,837, £136,030 for a 2 bedroom house, £197,458 for a 3 bedroom house, £286,966 for a 4 bedroom house and £311,305 for a 5 bedroom house. For a flat similarly the prices varies from £107,493 for a single bedroom to £81,100 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £115,000. To sum up the asking prices for properties in New Park, March, PE15 it comes to around average £109,206 for 1 bedroom property, £132,162 for 2 bedroom, £196,829 for 3 bedroom, £286,966 for 4 bedroom and £311,305 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 £347 for 1 bedroom to £580 for 2 bedroom, £697 for 3 bedroom and £897 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £443. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £522. You should be generally be expecting around average £419 rent per month for single bedroom property, £546 for 2 bedroom, £697 for 3 bedroom and approximately £897 for 4 bedroom property in New Park, March, PE15 area.

Popular Houses in New Park, March, PE15

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 New Park, March, PE15