Princes Road, Bungay, NR35

Street Guide For Princes Road, Bungay, NR35

 

Princes Road, Bungay, NR35 Map

Estimated Price: £156,046
Average Asking Price: £296,811
Price change in last one year: £13,070
Average Price Paid: £133,082
Average Rent Rates: £735

 

Property Prices Breakdown in Princes Road, Bungay, NR35

Average Price for property in Princes Road, Bungay, NR35 is around £156,046 which varies based on type of property you are interested in and ranges from £183,655 for semi-detached to around £132,216 for terraced house. Values have been changing and have risen £1,349 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,007 in last 6 months, £13,070 in last 1 year, £14,721 in last 2 years, £17,787 in last 3 years, £16,571 in last 4 years and £17,863 in last 5 years.

Currently average asking price of a property in Princes Road, Bungay, NR35 is around £296,811 based on approximately 2 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £735 per month.

Estimated property value in Princes Road, Bungay, NR35 is £156,046. Average asking price is £296,811 while average price paid is £130,497 which is up by £13,070 and Avg. asking rent £735.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 Princes Road, Bungay, NR35 area. In last 1 year alone average price buyer paid is around £130,497 based on approximately 2 sales in Princes Road, Bungay, NR35 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £131,699. 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 £133,082 for 6 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £133,082 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 2 bedroom is around £166,025, £270,254 for a 3 bedroom house, £338,401 for a 4 bedroom house and £700,000 for a 5 bedroom house. For a flat similarly the prices varies from £99,317 for a single bedroom to £146,633 for a 2 bedroom Flat. To sum up the asking prices for properties in Princes Road, Bungay, NR35 it comes to around average £99,317 for 1 bedroom property, £162,146 for 2 bedroom, £270,254 for 3 bedroom, £338,401 for 4 bedroom and £700,000 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 £432 for 1 bedroom to £588 for 2 bedrooms, £697 for 3 bedrooms, £1,365 for 4 bedrooms and £1,751 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £406. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £425. You should be generally be expecting around average £419 rent per month for single bedroom property, £547 for 2 bedroom, £696 for 3 bedroom, £1,365 for 4 bedroom and approximately £1,751 for a 5 bedroom property in Princes Road, Bungay, NR35 area.

Popular Houses in Princes Road, Bungay, NR35

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 Princes Road, Bungay, NR35