Newington Drive, Bury, BL8

Street Guide For Newington Drive, Bury, BL8

 
 

Newington Drive, Bury, BL8 Map

Estimated Price: £193,329
Average Asking Price: £222,403
Price change in last one year: £8,734
Average Price Paid: £147,136
Average Rent Rates: £600

BBP Estates
65 Canning Street, BURY , Greater Manchester BL9 5

Free House valuation

 

Property Prices Breakdown in Newington Drive, Bury, BL8

Average Price for property in Newington Drive, Bury, BL8 is around £193,329 which varies based on type of property you are interested in and ranges from £214,927 for detached house to around £181,183 for semi-detached. Similarly terraced house is around £214,386 and a flat is worth £307,184. Values have been changing and have risen £209 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,142 in last 6 months, £8,734 in last 1 year, £14,950 in last 2 years, £19,241 in last 3 years, £15,699 in last 4 years and £10,776 in last 5 years.

Currently average asking price of a property in Newington Drive, Bury, BL8 is around £222,403 based on approximately 4 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £600 per month.

Estimated property value in Newington Drive, Bury, BL8 is £193,329. Average asking price is £222,403 while average price paid is £143,737 which is up by £8,734 and Avg. asking rent £600.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 Newington Drive, Bury, BL8 area. In last 1 year alone average price buyer paid is around £143,737 based on approximately 4 sales in Newington Drive, Bury, BL8 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £133,605. 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 £147,136 for 18 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £149,290 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 £130,216, £180,223 for a 3 bedroom house, £335,571 for a 4 bedroom house and £403,220 for a 5 bedroom house. For a flat similarly the prices varies from £126,250 for a single bedroom to £204,880 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £359,950. To sum up the asking prices for properties in Newington Drive, Bury, BL8 it comes to around average £126,250 for 1 bedroom property, £139,434 for 2 bedroom, £183,520 for 3 bedroom, £335,571 for 4 bedroom and £403,220 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 £501 for 1 bedroom to £554 for 2 bedroom, £680 for 3 bedroom and £1,101 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £500. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £586. You should be generally be expecting around average £500 rent per month for single bedroom property, £560 for 2 bedroom, £680 for 3 bedroom and approximately £1,101 for 5 bedroom property in Newington Drive, Bury, BL8 area.

Popular Houses in Newington Drive, Bury, BL8

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 Newington Drive, Bury, BL8