Oak Tree Close, Martham, Great Yarmouth, NR29

Street Guide For Oak Tree Close, Martham, Great Yarmouth, NR29

 

Oak Tree Close, Martham, Great Yarmouth, NR29 Map

Estimated Price: £147,532
Average Asking Price: £217,634
Price change in last one year: £10,587
Average Price Paid: £125,075
Average Rent Rates: £938

 

Property Prices Breakdown in Oak Tree Close, Martham, Great Yarmouth, NR29

Average Price for property in Oak Tree Close, Martham, Great Yarmouth, NR29 is around £147,532 which varies based on type of property you are interested in and ranges from £139,452 for detached house to around £150,181 for semi-detached. Similarly terraced house is around £143,823. Values have been changing and have risen £514 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £913 in last 6 months, £10,587 in last 1 year, £13,275 in last 2 years, £17,049 in last 3 years, £15,584 in last 4 years and £15,664 in last 5 years.

Currently average asking price of a property in Oak Tree Close, Martham, Great Yarmouth, NR29 is around £217,634 based on approximately 4 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £938 per month.

Estimated property value in Oak Tree Close, Martham, Great Yarmouth, NR29 is £147,532. Average asking price is £217,634 while average price paid is £127,862 which is up by £10,587 and Avg. asking rent £938.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 Oak Tree Close, Martham, Great Yarmouth, NR29 area. In last 1 year alone average price buyer paid is around £127,862 based on approximately 4 sales in Oak Tree Close, Martham, Great Yarmouth, NR29 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £127,862. 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 £125,075 for 6 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £131,161 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 £35,000, £88,868 for a 2 bedroom house, £210,132 for a 3 bedroom house, £306,426 for a 4 bedroom house and £409,062 for a 5 bedroom house. For a flat the prices of 2 bedroom is £123,990. To sum up the asking prices for properties in Oak Tree Close, Martham, Great Yarmouth, NR29 it comes to around average £35,000 for 1 bedroom property, £91,307 for 2 bedroom, £210,132 for 3 bedroom, £306,426 for 4 bedroom and £409,062 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 £764 for 2 bedroom to £711 for 3 bedroom, £1,019 for 4 bedroom and £1,103 for 5 bedroom. You should be generally be expecting around average £764 rent per month for 2 bedroom property, £711 for 3 bedroom, £1,019 for 4 bedroom and approximately £1,103 for 5 bedroom property in Oak Tree Close, Martham, Great Yarmouth, NR29 area.

Popular Houses in Oak Tree Close, Martham, Great Yarmouth, NR29

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 Oak Tree Close, Martham, Great Yarmouth, NR29