Newport Way, Frinton-on-Sea, CO13

Street Guide For Newport Way, Frinton-on-Sea, CO13

 

Newport Way, Frinton-on-Sea, CO13 Map

Estimated Price: £196,107
Average Asking Price: £299,273
Price change in last one year: £14,989
Average Price Paid: £196,748
Average Rent Rates: £644

 

Property Prices Breakdown in Newport Way, Frinton-on-Sea, CO13

Average Price for property in Newport Way, Frinton-on-Sea, CO13 is around £196,107 which varies based on type of property you are interested in and ranges from £244,867 for detached house to around £182,175 for semi-detached. Values have been changing and have risen £88 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £21 in last 6 months, £14,989 in last 1 year, £17,875 in last 2 years, £22,686 in last 3 years, £18,574 in last 4 years and £20,423 in last 5 years.

Currently average asking price of a property in Newport Way, Frinton-on-Sea, CO13 is around £299,273 based on approximately 2 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £644 per month.

Estimated property value in Newport Way, Frinton-on-Sea, CO13 is £196,107. Average asking price is £299,273 while average price paid is £224,997 which is up by £14,989 and Avg. asking rent £644.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 Newport Way, Frinton-on-Sea, CO13 area. In last 1 year alone average price buyer paid is around £224,997 based on approximately 2 sales in Newport Way, Frinton-on-Sea, CO13 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £224,997. 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 £196,748 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £190,399 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 £145,312, £204,745 for a 2 bedroom house, £283,246 for a 3 bedroom house, £386,289 for a 4 bedroom house and £649,635 for a 5 bedroom house. For a flat similarly the prices varies from £119,150 for a single bedroom to £197,704 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £304,544. To sum up the asking prices for properties in Newport Way, Frinton-on-Sea, CO13 it comes to around average £134,100 for 1 bedroom property, £202,312 for 2 bedroom, £287,840 for 3 bedroom, £386,289 for 4 bedroom and £649,635 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 is £776 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £511. You should be generally be expecting around average £512 rent per month for single bedroom property and approximately £776 for 3 bedroom property in Newport Way, Frinton-on-Sea, CO13 area.

Popular Houses in Newport Way, Frinton-on-Sea, CO13

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 Newport Way, Frinton-on-Sea, CO13