Norton Lane, Chew Magna, Bristol, BS40

Street Guide For Norton Lane, Chew Magna, Bristol, BS40

 

Norton Lane, Chew Magna, Bristol, BS40 Map

Estimated Price: £739,877
Average Asking Price: £593,635
Price change in last one year: £59,660
Average Price Paid: £599,500
Average Rent Rates: £1,288

 

Property Prices Breakdown in Norton Lane, Chew Magna, Bristol, BS40

Average Price for property in Norton Lane, Chew Magna, Bristol, BS40 is around £739,877 which varies based on type of property you are interested in and ranges from £889,944 for detached house to around £525,120 for semi-detached. Similarly terraced house is around £333,689. Values have been changing and have risen £3,385 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,156 in last 6 months, £59,660 in last 1 year, £95,207 in last 2 years, £93,890 in last 3 years, £102,258 in last 4 years and £103,216 in last 5 years.

Currently average asking price of a property in Norton Lane, Chew Magna, Bristol, BS40 is around £593,635 based on approximately 1 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £1,288 per month.

Estimated property value in Norton Lane, Chew Magna, Bristol, BS40 is £739,877. Average asking price is £593,635 while average price paid is £1,080,000 which is up by £59,660 and Avg. asking rent £1,288.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 Norton Lane, Chew Magna, Bristol, BS40 area. In last 1 year alone average price buyer paid is around £1,080,000 based on approximately 1 sales in Norton Lane, Chew Magna, Bristol, BS40 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £1,080,000. 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 £599,500 for 5 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £536,944 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 £292,350, £354,708 for a 3 bedroom house, £497,010 for a 4 bedroom house and £811,902 for a 5 bedroom house. For a flat the prices of 2 bedroom is £118,790. To sum up the asking prices for properties in Norton Lane, Chew Magna, Bristol, BS40 it comes to around average £195,928 for 2 bedroom property, £354,708 for 3 bedroom, £497,010 for 4 bedroom and £811,902 for 5 bedroom.

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 £802 for 2 bedroom to £925 for 3 bedroom, £1,473 for 4 bedroom and £2,500 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £550. You should be generally be expecting around average £676 rent per month for 2 bedroom property, £925 for 3 bedroom, £1,473 for 4 bedroom and approximately £2,500 for 5 bedroom property in Norton Lane, Chew Magna, Bristol, BS40 area.

Popular Houses in Norton Lane, Chew Magna, Bristol, BS40

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 Norton Lane, Chew Magna, Bristol, BS40