Offa Road, Bedford, MK42

Street Guide For Offa Road, Bedford, MK42

 

Offa Road, Bedford, MK42 Map

Estimated Price: £153,712
Average Asking Price: £230,073
Price change in last one year: £9,978
Average Price Paid: £146,916
Average Rent Rates: £1,856

 

Property Prices Breakdown in Offa Road, Bedford, MK42

Average Price for property in Offa Road, Bedford, MK42 is around £153,712 which varies based on type of property you are interested in and ranges from £251,384 for detached house to around £139,216 for semi-detached. Similarly terraced house is around £142,030. Values have been changing and have risen £279 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £305 in last 6 months, £9,978 in last 1 year, £14,976 in last 2 years, £21,178 in last 3 years, £20,973 in last 4 years and £20,924 in last 5 years.

Currently average asking price of a property in Offa Road, Bedford, MK42 is around £230,073 based on approximately 1 properties for sale. Same is the case with rental options based on 84 properties up for rent, average asking rent is around £1,856 per month.

Estimated property value in Offa Road, Bedford, MK42 is £153,712. Average asking price is £230,073 while average price paid is £172,500 which is up by £9,978 and Avg. asking rent £1,856.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 Offa Road, Bedford, MK42 area. In last 1 year alone average price buyer paid is around £172,500 based on approximately 1 sales in Offa Road, Bedford, MK42 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £148,166. 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 £146,916 for 6 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £146,916 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 £138,998, £156,831 for a 2 bedroom house, £199,175 for a 3 bedroom house, £318,847 for a 4 bedroom house and £381,000 for a 5 bedroom house. For a flat similarly the prices varies from £94,699 for a single bedroom to £131,216 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £277,500. To sum up the asking prices for properties in Offa Road, Bedford, MK42 it comes to around average £104,025 for 1 bedroom property, £139,097 for 2 bedroom, £202,188 for 3 bedroom, £318,847 for 4 bedroom and £381,000 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 £733 for 2 bedroom to £804 for 3 bedroom and £987 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £556. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £673. You should be generally be expecting around average £556 rent per month for single bedroom property, £700 for 2 bedroom, £804 for 3 bedroom and approximately £986 for 4 bedroom property in Offa Road, Bedford, MK42 area.

Popular Houses in Offa Road, Bedford, MK42

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 Offa Road, Bedford, MK42