Norton Park Road, Sheffield, S8

Street Guide For Norton Park Road, Sheffield, S8

 

Norton Park Road, Sheffield, S8 Map

Estimated Price: £273,264
Average Asking Price: £195,014
Price change in last one year: £15,508
Average Price Paid: £221,605
Average Rent Rates: £560

 

Property Prices Breakdown in Norton Park Road, Sheffield, S8

Average Price for property in Norton Park Road, Sheffield, S8 is around £273,264 which varies based on type of property you are interested in and ranges from £303,622 for detached house to around £258,258 for semi-detached. Similarly terraced house is around £283,057. Values have been changing and have risen £83 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,840 in last 6 months, £15,508 in last 1 year, £23,354 in last 2 years, £28,200 in last 3 years, £23,218 in last 4 years and £21,064 in last 5 years.

Currently average asking price of a property in Norton Park Road, Sheffield, S8 is around £195,014 based on approximately 4 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £560 per month.

Estimated property value in Norton Park Road, Sheffield, S8 is £273,264. Average asking price is £195,014 while average price paid is £263,875 which is up by £15,508 and Avg. asking rent £560.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 Park Road, Sheffield, S8 area. In last 1 year alone average price buyer paid is around £263,875 based on approximately 4 sales in Norton Park Road, Sheffield, S8 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £226,631. 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 £221,605 for 10 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £220,793 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 £120,000, £148,319 for a 2 bedroom house, £176,797 for a 3 bedroom house, £266,348 for a 4 bedroom house and £456,250 for a 5 bedroom house. For a flat similarly the prices varies from £75,312 for a single bedroom to £98,179 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £107,500. To sum up the asking prices for properties in Norton Park Road, Sheffield, S8 it comes to around average £84,250 for 1 bedroom property, £137,419 for 2 bedroom, £174,231 for 3 bedroom, £266,348 for 4 bedroom and £456,250 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 £451 for 1 bedroom to £623 for 2 bedroom, £625 for 3 bedroom and £891 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £426. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £492 and £724 for 3 bedroom. You should be generally be expecting around average £430 rent per month for single bedroom property, £590 for 2 bedroom, £630 for 3 bedroom and approximately £890 for 4 bedroom property in Norton Park Road, Sheffield, S8 area.

Popular Houses in Norton Park Road, Sheffield, S8

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 Park Road, Sheffield, S8