Orchard Close, Freshwater, PO40

Street Guide For Orchard Close, Freshwater, PO40

 

Orchard Close, Freshwater, PO40 Map

Estimated Price: £144,835
Average Asking Price: £249,284
Price change in last one year: £10,366
Average Price Paid: £111,125
Average Rent Rates: £674

 

Property Prices Breakdown in Orchard Close, Freshwater, PO40

Average Price for property in Orchard Close, Freshwater, PO40 is around £144,835 which varies based on type of property you are interested in and ranges from £183,001 for terraced house to around £137,896 for a flat. Values have been changing and have risen £1,278 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,866 in last 6 months, £10,366 in last 1 year, £17,134 in last 2 years, £17,548 in last 3 years, £16,246 in last 4 years and £16,106 in last 5 years.

Currently average asking price of a property in Orchard Close, Freshwater, PO40 is around £249,284 based on approximately 2 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £674 per month.

Estimated property value in Orchard Close, Freshwater, PO40 is £144,835. Average asking price is £249,284 while average price paid is £141,500 which is up by £10,366 and Avg. asking rent £674.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 Orchard Close, Freshwater, PO40 area. In last 1 year alone average price buyer paid is around £141,500 based on approximately 2 sales in Orchard Close, Freshwater, PO40 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £111,125. 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 £111,125 for 4 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £129,140 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 £134,950, £163,360 for a 2 bedroom house, £213,492 for a 3 bedroom house, £317,417 for a 4 bedroom house and £496,667 for a 5 bedroom house. For a flat similarly the prices varies from £96,570 for a single bedroom to £157,108 for a 2 bedroom Flat. To sum up the asking prices for properties in Orchard Close, Freshwater, PO40 it comes to around average £102,967 for 1 bedroom property, £160,897 for 2 bedroom, £213,492 for 3 bedroom, £317,417 for 4 bedroom and £496,667 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 £849 for 3 bedroom to £901 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £451. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £494. You should be generally be expecting around average £451 rent per month for single bedroom property, £494 for 2 bedroom, £849 for 3 bedroom and approximately £901 for 4 bedroom property in Orchard Close, Freshwater, PO40 area.

Popular Houses in Orchard Close, Freshwater, PO40

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 Orchard Close, Freshwater, PO40