NR24

Real Estate Area Guide For NR24

 

NR24 Map

Estimated Price: £255,998
Average Asking Price: £326,056
Price change in last one year: £20,809
Average Price Paid: £222,098
Average Rent Rates: £1,303

 

Property Prices Breakdown in NR24

Average Price for property in NR24 is around £255,998 which varies based on type of property you are interested in and ranges from £342,821 for detached house to around £200,856 for semi-detached. Similarly terraced house is around £145,433 and a flat is worth £151,093. Values have been changing and have risen £1,577 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,096 in last 6 months, £20,809 in last 1 year, £27,530 in last 2 years, £34,502 in last 3 years, £33,264 in last 4 years and £30,894 in last 5 years.

Currently average asking price of a property in NR24 is around £326,056 based on approximately 70 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £1,303 per month.

Estimated property value in NR24 is £255,998. Average asking price is £326,056 while average price paid is £241,122 which is up by £20,809 and Avg. asking rent £1,303.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 NR24 area. In last 1 year alone average price buyer paid is around £241,122 based on approximately 70 sales in NR24 area alone. If you compare it to last 3 years sales of 205 properties where buyers paid around £221,904. 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 £222,098 for 333 and average amount paid for purchase of approx. 474 properties sold in last 7 years comes to about £218,064 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 £194,105, £186,300 for a 3 bedroom house, £586,246 for a 4 bedroom house and £609,992 for a 5 bedroom house. For a flat similarly the prices varies from £73,000 for a single bedroom to £99,950 for a 2 bedroom Flat. To sum up the asking prices for properties in NR24 it comes to around average £73,000 for 1 bedroom property, £184,690 for 2 bedroom, £186,300 for 3 bedroom, £586,246 for 4 bedroom and £609,992 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 £524 for 2 bedroom to £544 for 3 bedroom, £1,200 for 4 bedroom and £897 for 5 bedroom. You should be generally be expecting around average £524 rent per month for 2 bedroom property, £544 for 3 bedroom, £1,200 for 4 bedroom and approximately £897 for 5 bedroom property in NR24 area.

Popular Houses in NR24

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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