Park Avenue, Wakefield, WF2

Street Guide For Park Avenue, Wakefield, WF2

 
 

Park Avenue, Wakefield, WF2 Map

Estimated Price: £174,040
Average Asking Price: £210,786
Price change in last one year: £6,397
Average Price Paid: £143,500
Average Rent Rates: £778

Cooper & Cutt
17 Wood Street Wakefield West Yorkshire WF1 2EL

Free House valuation

 

Property Prices Breakdown in Park Avenue, Wakefield, WF2

Average Price for property in Park Avenue, Wakefield, WF2 is around £174,040 which varies based on type of property you are interested in and ranges from £228,569 for detached house to around £159,562 for semi-detached. Similarly terraced house is around £172,807. Values have been changing and have risen £665 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,642 in last 6 months, £6,397 in last 1 year, £10,858 in last 2 years, £15,458 in last 3 years, £8,197 in last 4 years and £5,675 in last 5 years.

Currently average asking price of a property in Park Avenue, Wakefield, WF2 is around £210,786 based on approximately 1 properties for sale. Same is the case with rental options based on 94 properties up for rent, average asking rent is around £778 per month.

Estimated property value in Park Avenue, Wakefield, WF2 is £174,040. Average asking price is £210,786 while average price paid is £152,000 which is up by £6,397 and Avg. asking rent £778.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 Park Avenue, Wakefield, WF2 area. In last 1 year alone average price buyer paid is around £152,000 based on approximately 1 sales in Park Avenue, Wakefield, WF2 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £152,000. 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 £143,500 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £160,487 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 £105,167, £121,378 for a 2 bedroom house, £182,991 for a 3 bedroom house, £310,742 for a 4 bedroom house and £472,609 for a 5 bedroom house. For a flat similarly the prices varies from £70,835 for a single bedroom to £112,530 for a 2 bedroom Flat. To sum up the asking prices for properties in Park Avenue, Wakefield, WF2 it comes to around average £81,134 for 1 bedroom property, £120,003 for 2 bedroom, £182,991 for 3 bedroom, £310,742 for 4 bedroom and £472,609 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 £401 for 1 bedroom to £509 for 2 bedrooms, £657 for 3 bedrooms, £921 for 4 bedrooms and £927 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £361. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £542. You should be generally be expecting around average £370 rent per month for single bedroom property, £525 for 2 bedroom, £657 for 3 bedroom, £921 for 4 bedroom and approximately £927 for a 5 bedroom property in Park Avenue, Wakefield, WF2 area.

Popular Houses in Park Avenue, Wakefield, WF2

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 Park Avenue, Wakefield, WF2