Reedmace Walk, Newcastle-under-Lyme, ST5

Street Guide For Reedmace Walk, Newcastle-under-Lyme, ST5

 

Reedmace Walk, Newcastle-under-Lyme, ST5 Map

Estimated Price: £134,785
Average Asking Price: £211,552
Price change in last one year: £6,776
Average Price Paid: £111,342
Average Rent Rates: £2,800

 

Property Prices Breakdown in Reedmace Walk, Newcastle-under-Lyme, ST5

Average Price for property in Reedmace Walk, Newcastle-under-Lyme, ST5 is around £134,785 which varies based on type of property you are interested in and ranges from £170,695 for detached house to around £161,653 for semi-detached. Similarly terraced house is around £162,471 and a flat is worth £97,231. Values have been changing and have risen £324 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £686 in last 6 months, £6,776 in last 1 year, £10,635 in last 2 years, £11,639 in last 3 years, £11,412 in last 4 years and £10,400 in last 5 years.

Currently average asking price of a property in Reedmace Walk, Newcastle-under-Lyme, ST5 is around £211,552 based on approximately 1 properties for sale. Same is the case with rental options based on 315 properties up for rent, average asking rent is around £2,800 per month.

Estimated property value in Reedmace Walk, Newcastle-under-Lyme, ST5 is £134,785. Average asking price is £211,552 while average price paid is £97,000 which is up by £6,776 and Avg. asking rent £2,800.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 Reedmace Walk, Newcastle-under-Lyme, ST5 area. In last 1 year alone average price buyer paid is around £97,000 based on approximately 1 sales in Reedmace Walk, Newcastle-under-Lyme, ST5 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £118,500. 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 £111,342 for 15 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £130,003 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 £89,950, £111,342 for a 2 bedroom house, £157,935 for a 3 bedroom house, £357,877 for a 4 bedroom house and £458,117 for a 5 bedroom house. For a flat similarly the prices varies from £100,714 for a single bedroom to £113,577 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £225,000. To sum up the asking prices for properties in Reedmace Walk, Newcastle-under-Lyme, ST5 it comes to around average £99,817 for 1 bedroom property, £111,646 for 2 bedroom, £158,330 for 3 bedroom, £357,877 for 4 bedroom and £458,117 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 £355 for 1 bedroom to £478 for 2 bedrooms, £538 for 3 bedrooms, £895 for 4 bedrooms and £1,043 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £523. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £581, £740 for 3 bedroom and £550 for 4 bedroom. You should be generally be expecting around average £495 rent per month for single bedroom property, £526 for 2 bedroom, £557 for 3 bedroom, £883 for 4 bedroom and approximately £1,043 for a 5 bedroom property in Reedmace Walk, Newcastle-under-Lyme, ST5 area.

Popular Houses in Reedmace Walk, Newcastle-under-Lyme, ST5

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 Reedmace Walk, Newcastle-under-Lyme, ST5