Parks Road, Mitcheldean, GL17

Street Guide For Parks Road, Mitcheldean, GL17

 

Parks Road, Mitcheldean, GL17 Map

Estimated Price: £136,284
Average Asking Price: £248,689
Price change in last one year: £14,455
Average Price Paid: £90,877
Average Rent Rates: £624

 

Property Prices Breakdown in Parks Road, Mitcheldean, GL17

Average Price for property in Parks Road, Mitcheldean, GL17 is around £136,284 which varies based on type of property you are interested in and ranges from £150,182 for semi-detached to around £110,802 for terraced house. Values have been changing and have risen £1,660 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,501 in last 6 months, £14,455 in last 1 year, £15,829 in last 2 years, £16,038 in last 3 years, £15,224 in last 4 years and £16,552 in last 5 years.

Currently average asking price of a property in Parks Road, Mitcheldean, GL17 is around £248,689 based on approximately 1 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £624 per month.

Estimated property value in Parks Road, Mitcheldean, GL17 is £136,284. Average asking price is £248,689 while average price paid is £101,000 which is up by £14,455 and Avg. asking rent £624.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 Parks Road, Mitcheldean, GL17 area. In last 1 year alone average price buyer paid is around £101,000 based on approximately 1 sales in Parks Road, Mitcheldean, GL17 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £89,990. 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 £90,877 for 9 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £94,390 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 £118,000, £165,173 for a 2 bedroom house, £204,847 for a 3 bedroom house, £312,764 for a 4 bedroom house and £426,909 for a 5 bedroom house. For a flat the prices of 2 bedroom is £59,950. To sum up the asking prices for properties in Parks Road, Mitcheldean, GL17 it comes to around average £118,000 for 1 bedroom property, £159,912 for 2 bedroom, £204,847 for 3 bedroom, £312,764 for 4 bedroom and £426,909 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 £451 for 1 bedroom to £585 for 2 bedroom and £667 for 3 bedroom. You should be generally be expecting around average £451 rent per month for single bedroom property, £585 for 2 bedroom and approximately £667 for 3 bedroom property in Parks Road, Mitcheldean, GL17 area.

Popular Houses in Parks Road, Mitcheldean, GL17

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 Parks Road, Mitcheldean, GL17