Newark Lane, Ripley, Woking, GU23

Street Guide For Newark Lane, Ripley, Woking, GU23

 

Newark Lane, Ripley, Woking, GU23 Map

Estimated Price: £475,378
Average Asking Price: £804,321
Price change in last one year: £35,913
Average Price Paid: £405,035
Average Rent Rates: £3,525

 

Property Prices Breakdown in Newark Lane, Ripley, Woking, GU23

Average Price for property in Newark Lane, Ripley, Woking, GU23 is around £475,378 which varies based on type of property you are interested in and ranges from £815,382 for detached house to around £373,134 for semi-detached. Similarly terraced house is around £347,075 and a flat is worth £321,618. Values have been changing and have risen £1,290 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,545 in last 6 months, £35,913 in last 1 year, £64,096 in last 2 years, £65,212 in last 3 years, £70,655 in last 4 years and £74,786 in last 5 years.

Currently average asking price of a property in Newark Lane, Ripley, Woking, GU23 is around £804,321 based on approximately 2 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £3,525 per month.

Estimated property value in Newark Lane, Ripley, Woking, GU23 is £475,378. Average asking price is £804,321 while average price paid is £712,500 which is up by £35,913 and Avg. asking rent £3,525.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 Newark Lane, Ripley, Woking, GU23 area. In last 1 year alone average price buyer paid is around £712,500 based on approximately 2 sales in Newark Lane, Ripley, Woking, GU23 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £500,388. 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 £405,035 for 14 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £371,138 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 £89,000, £398,750 for a 2 bedroom house, £572,857 for a 3 bedroom house, £920,550 for a 4 bedroom house and £1,150,000 for a 5 bedroom house. To sum up the asking prices for properties in Newark Lane, Ripley, Woking, GU23 it comes to around average £89,000 for 1 bedroom property, £398,750 for 2 bedroom, £572,857 for 3 bedroom, £920,550 for 4 bedroom and £1,150,000 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 £1,250 for 2 bedroom to £1,917 for 3 bedroom and £2,349 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £897. You should be generally be expecting around average £897 rent per month for single bedroom property, £1,250 for 2 bedroom, £1,917 for 3 bedroom and approximately £2,349 for 4 bedroom property in Newark Lane, Ripley, Woking, GU23 area.

Popular Houses in Newark Lane, Ripley, Woking, GU23

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 Newark Lane, Ripley, Woking, GU23