Newbegin, Hornsea, HU18

Street Guide For Newbegin, Hornsea, HU18

 

Newbegin, Hornsea, HU18 Map

Estimated Price: £124,634
Average Asking Price: £164,949
Price change in last one year: £4,350
Average Price Paid: £82,500
Average Rent Rates: £315

 

Property Prices Breakdown in Newbegin, Hornsea, HU18

Average Price for property in Newbegin, Hornsea, HU18 is around £124,634 which varies based on type of property you are interested in and ranges from £238,687 for detached house to around £85,739 for semi-detached. Similarly terraced house is around £129,405 and a flat is worth £101,909. Values have been changing and have risen £327 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £536 in last 6 months, £4,350 in last 1 year, £7,377 in last 2 years, £8,829 in last 3 years, £7,440 in last 4 years and £6,532 in last 5 years.

Currently average asking price of a property in Newbegin, Hornsea, HU18 is around £164,949 based on approximately 1 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £315 per month.

Estimated property value in Newbegin, Hornsea, HU18 is £124,634. Average asking price is £164,949 while average price paid is £95,000 which is up by £4,350 and Avg. asking rent £315.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 Newbegin, Hornsea, HU18 area. In last 1 year alone average price buyer paid is around £95,000 based on approximately 1 sales in Newbegin, Hornsea, HU18 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £75,833. 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 £82,500 for 7 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £83,187 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 £84,950, £119,958 for a 2 bedroom house, £147,161 for a 3 bedroom house, £218,431 for a 4 bedroom house and £191,862 for a 5 bedroom house. For a flat similarly the prices varies from £67,475 for a single bedroom to £85,970 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £89,950. To sum up the asking prices for properties in Newbegin, Hornsea, HU18 it comes to around average £70,970 for 1 bedroom property, £104,509 for 2 bedroom, £145,373 for 3 bedroom, £218,431 for 4 bedroom and £191,862 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 £540 for 2 bedroom to £550 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £360. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £379 and £533 for 4 bedroom. You should be generally be expecting around average £360 rent per month for single bedroom property, £459 for 2 bedroom, £550 for 3 bedroom and approximately £533 for 4 bedroom property in Newbegin, Hornsea, HU18 area.

Popular Houses in Newbegin, Hornsea, HU18

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 Newbegin, Hornsea, HU18