Ravendale Road, Gainsborough, DN21

Street Guide For Ravendale Road, Gainsborough, DN21

 

Ravendale Road, Gainsborough, DN21 Map

Estimated Price: £140,182
Average Asking Price: £185,694
Price change in last one year: £5,368
Average Price Paid: £119,811
Average Rent Rates: £479

 

Property Prices Breakdown in Ravendale Road, Gainsborough, DN21

Average Price for property in Ravendale Road, Gainsborough, DN21 is around £140,182 which varies based on type of property you are interested in and ranges from £140,182 for detached house to around £115,502 for semi-detached. Values have been changing and have risen £636 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £993 in last 6 months, £5,368 in last 1 year, £10,242 in last 2 years, £10,033 in last 3 years, £7,263 in last 4 years and £2,274 in last 5 years.

Currently average asking price of a property in Ravendale Road, Gainsborough, DN21 is around £185,694 based on approximately 2 properties for sale. Same is the case with rental options based on 143 properties up for rent, average asking rent is around £479 per month.

Estimated property value in Ravendale Road, Gainsborough, DN21 is £140,182. Average asking price is £185,694 while average price paid is £126,497 which is up by £5,368 and Avg. asking rent £479.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 Ravendale Road, Gainsborough, DN21 area. In last 1 year alone average price buyer paid is around £126,497 based on approximately 2 sales in Ravendale Road, Gainsborough, DN21 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £117,642. 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 £119,811 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £120,954 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 £40,000, £103,055 for a 2 bedroom house, £147,298 for a 3 bedroom house, £233,934 for a 4 bedroom house and £340,845 for a 5 bedroom house. For a flat similarly the prices varies from £60,663 for a single bedroom to £120,000 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £54,950. To sum up the asking prices for properties in Ravendale Road, Gainsborough, DN21 it comes to around average £55,498 for 1 bedroom property, £103,297 for 2 bedroom, £146,735 for 3 bedroom, £233,934 for 4 bedroom and £340,845 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 £360 for 1 bedroom to £404 for 2 bedrooms, £471 for 3 bedrooms, £620 for 4 bedrooms and £524 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £336. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £405 and £342 for 3 bedroom. You should be generally be expecting around average £344 rent per month for single bedroom property, £404 for 2 bedroom, £463 for 3 bedroom, £620 for 4 bedroom and approximately £524 for a 5 bedroom property in Ravendale Road, Gainsborough, DN21 area.

Popular Houses in Ravendale Road, Gainsborough, DN21

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 Ravendale Road, Gainsborough, DN21