NR35

Real Estate Area Guide For NR35

 

NR35 Map

Estimated Price: £232,265
Average Asking Price: £296,538
Price change in last one year: £20,647
Average Price Paid: £199,044
Average Rent Rates: £721

 

Property Prices Breakdown in NR35

Average Price for property in NR35 is around £232,265 which varies based on type of property you are interested in and ranges from £296,205 for detached house to around £182,321 for semi-detached. Similarly terraced house is around £163,816 and a flat is worth £119,838. Values have been changing and have risen £2,130 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,749 in last 6 months, £20,647 in last 1 year, £23,253 in last 2 years, £28,095 in last 3 years, £26,173 in last 4 years and £28,210 in last 5 years.

Currently average asking price of a property in NR35 is around £296,538 based on approximately 137 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £721 per month.

Estimated property value in NR35 is £232,265. Average asking price is £296,538 while average price paid is £212,786 which is up by £20,647 and Avg. asking rent £721.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 NR35 area. In last 1 year alone average price buyer paid is around £212,786 based on approximately 137 sales in NR35 area alone. If you compare it to last 3 years sales of 411 properties where buyers paid around £198,419. 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 £199,044 for 719 and average amount paid for purchase of approx. 942 properties sold in last 7 years comes to about £195,220 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 £172,687, £269,710 for a 3 bedroom house, £335,605 for a 4 bedroom house and £700,000 for a 5 bedroom house. For a flat similarly the prices varies from £99,317 for a single bedroom to £148,300 for a 2 bedroom Flat. To sum up the asking prices for properties in NR35 it comes to around average £99,317 for 1 bedroom property, £167,810 for 2 bedroom, £269,710 for 3 bedroom, £335,605 for 4 bedroom and £700,000 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 £432 for 1 bedroom to £537 for 2 bedrooms, £690 for 3 bedrooms, £1,365 for 4 bedrooms and £1,751 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £406. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £488. You should be generally be expecting around average £419 rent per month for single bedroom property, £517 for 2 bedroom, £690 for 3 bedroom, £1,365 for 4 bedroom and approximately £1,751 for a 5 bedroom property in NR35 area.

Popular Houses in NR35

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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