NP15

Real Estate Area Guide For NP15

 

NP15 Map

Estimated Price: £337,487
Average Asking Price: £493,078
Price change in last one year: £21,143
Average Price Paid: £281,157
Average Rent Rates: £728

 

Property Prices Breakdown in NP15

Average Price for property in NP15 is around £337,487 which varies based on type of property you are interested in and ranges from £434,389 for detached house to around £237,802 for semi-detached. Similarly terraced house is around £219,907 and a flat is worth £161,941. Values have been changing and have risen £1,760 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,070 in last 6 months, £21,143 in last 1 year, £28,883 in last 2 years, £34,897 in last 3 years, £33,844 in last 4 years and £24,690 in last 5 years.

Currently average asking price of a property in NP15 is around £493,078 based on approximately 65 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £728 per month.

Estimated property value in NP15 is £337,487. Average asking price is £493,078 while average price paid is £304,124 which is up by £21,143 and Avg. asking rent £728.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 NP15 area. In last 1 year alone average price buyer paid is around £304,124 based on approximately 65 sales in NP15 area alone. If you compare it to last 3 years sales of 226 properties where buyers paid around £282,801. 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 £281,157 for 368 and average amount paid for purchase of approx. 494 properties sold in last 7 years comes to about £280,766 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 £257,475, £268,733 for a 3 bedroom house, £487,837 for a 4 bedroom house and £715,412 for a 5 bedroom house. For a flat similarly the prices varies from £81,500 for a single bedroom to £91,250 for a 2 bedroom Flat. To sum up the asking prices for properties in NP15 it comes to around average £81,500 for 1 bedroom property, £174,362 for 2 bedroom, £268,733 for 3 bedroom, £487,837 for 4 bedroom and £715,412 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 £399 for 1 bedroom to £650 for 2 bedrooms, £849 for 3 bedrooms, £1,200 for 4 bedrooms and £1,101 for 5 bedrooms house. But if you are interested in renting a 2 bedroom flat then rent per month can be around £594. You should be generally be expecting around average £399 rent per month for single bedroom property, £636 for 2 bedroom, £849 for 3 bedroom, £1,200 for 4 bedroom and approximately £1,101 for a 5 bedroom property in NP15 area.

Popular Houses in NP15

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.

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