New River Close, Telford, TF1

Street Guide For New River Close, Telford, TF1

 

New River Close, Telford, TF1 Map

Estimated Price: £234,001
Average Asking Price: £181,798
Price change in last one year: £10,864
Average Price Paid: £192,000
Average Rent Rates: £967

 

Property Prices Breakdown in New River Close, Telford, TF1

Average Price for property in New River Close, Telford, TF1 is around £234,001 e.g. average price for detached house is around 234,001. Values have been changing and have risen £706 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £876 in last 6 months, £10,864 in last 1 year, £17,397 in last 2 years, £23,221 in last 3 years, £23,502 in last 4 years and £21,732 in last 5 years.

Currently average asking price of a property in New River Close, Telford, TF1 is around £181,798 based on approximately 0 properties for sale. Same is the case with rental options based on 94 properties up for rent, average asking rent is around £967 per month.

Estimated property value in New River Close, Telford, TF1 is £234,001. Average asking price is £181,798 while average price paid is £192,000 which is up by £23,221 and Avg. asking rent £967.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 River Close, Telford, TF1 area. In last 3 years alone average price buyer paid is around £192,000 based on approximately 1 sales in New River Close, Telford, TF1 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £192,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £192,000 for 1 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 £94,995, £115,473 for a 2 bedroom house, £152,190 for a 3 bedroom house, £219,590 for a 4 bedroom house and £354,360 for a 5 bedroom house. For a flat similarly the prices varies from £76,397 for a single bedroom to £103,442 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £79,995. To sum up the asking prices for properties in New River Close, Telford, TF1 it comes to around average £79,054 for 1 bedroom property, £112,218 for 2 bedroom, £151,760 for 3 bedroom, £219,590 for 4 bedroom and £354,360 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 £355 for 1 bedroom to £532 for 2 bedroom, £671 for 3 bedroom and £814 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £463. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £481. You should be generally be expecting around average £400 rent per month for single bedroom property, £513 for 2 bedroom, £671 for 3 bedroom and approximately £814 for 4 bedroom property in New River Close, Telford, TF1 area.

Popular Houses in New River Close, Telford, TF1

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 River Close, Telford, TF1