NR23

Real Estate Area Guide For NR23

 

NR23 Map

Estimated Price: £318,372
Average Asking Price: £416,635
Price change in last one year: £25,364
Average Price Paid: £314,557
Average Rent Rates: £914

 

Property Prices Breakdown in NR23

Average Price for property in NR23 is around £318,372 which varies based on type of property you are interested in and ranges from £383,763 for detached house to around £264,237 for semi-detached. Similarly terraced house is around £291,030 and a flat is worth £245,867. Values have been changing and have risen £1,831 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,178 in last 6 months, £25,364 in last 1 year, £33,626 in last 2 years, £42,630 in last 3 years, £40,978 in last 4 years and £37,514 in last 5 years.

Currently average asking price of a property in NR23 is around £416,635 based on approximately 53 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £914 per month.

Estimated property value in NR23 is £318,372. Average asking price is £416,635 while average price paid is £386,834 which is up by £25,364 and Avg. asking rent £914.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 NR23 area. In last 1 year alone average price buyer paid is around £386,834 based on approximately 53 sales in NR23 area alone. If you compare it to last 3 years sales of 141 properties where buyers paid around £334,984. 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 £314,557 for 230 and average amount paid for purchase of approx. 341 properties sold in last 7 years comes to about £310,801 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 £12,500, £390,762 for a 3 bedroom house, £484,993 for a 4 bedroom house and £625,997 for a 5 bedroom house. For a flat the prices of 2 bedroom is £249,995. To sum up the asking prices for properties in NR23 it comes to around average £12,500 for 1 bedroom property, £249,995 for 2 bedroom, £390,762 for 3 bedroom, £484,993 for 4 bedroom and £625,997 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 £947 for 2 bedroom to £650 for 3 bedroom and £2,167 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £576. You should be generally be expecting around average £823 rent per month for 2 bedroom property, £650 for 3 bedroom and approximately £2,167 for 4 bedroom property in NR23 area.

Popular Houses in NR23

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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