Park Road, Portland, DT5

Street Guide For Park Road, Portland, DT5

 

Park Road, Portland, DT5 Map

Estimated Price: £257,681
Average Asking Price: £201,463
Price change in last one year: £21,166
Average Price Paid: £258,900
Average Rent Rates: £710

 

Property Prices Breakdown in Park Road, Portland, DT5

Average Price for property in Park Road, Portland, DT5 is around £257,681 which varies based on type of property you are interested in and ranges from £314,263 for detached house to around £271,148 for semi-detached. Similarly terraced house is around £213,977. Values have been changing and have risen £3,427 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,493 in last 6 months, £21,166 in last 1 year, £27,263 in last 2 years, £31,448 in last 3 years, £27,070 in last 4 years and £27,067 in last 5 years.

Currently average asking price of a property in Park Road, Portland, DT5 is around £201,463 based on approximately 1 properties for sale. Same is the case with rental options based on 41 properties up for rent, average asking rent is around £710 per month.

Estimated property value in Park Road, Portland, DT5 is £257,681. Average asking price is £201,463 while average price paid is £217,500 which is up by £21,166 and Avg. asking rent £710.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 Road, Portland, DT5 area. In last 1 year alone average price buyer paid is around £217,500 based on approximately 1 sales in Park Road, Portland, DT5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £223,166. 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 £258,900 for 5 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £217,166 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 £106,650, £140,722 for a 2 bedroom house, £209,240 for a 3 bedroom house, £269,950 for a 4 bedroom house and £245,000 for a 5 bedroom house. For a flat similarly the prices varies from £103,308 for a single bedroom to £139,029 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £133,970. To sum up the asking prices for properties in Park Road, Portland, DT5 it comes to around average £103,977 for 1 bedroom property, £139,857 for 2 bedroom, £204,352 for 3 bedroom, £269,950 for 4 bedroom and £245,000 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 £537 for 2 bedroom to £672 for 3 bedroom and £750 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £596. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £788 and £875 for 3 bedroom. You should be generally be expecting around average £596 rent per month for single bedroom property, £752 for 2 bedroom, £774 for 3 bedroom and approximately £750 for 4 bedroom property in Park Road, Portland, DT5 area.

Popular Houses in Park Road, Portland, DT5

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 Road, Portland, DT5