Ridgeway Avenue, Dunstable, LU5

Street Guide For Ridgeway Avenue, Dunstable, LU5

 

Ridgeway Avenue, Dunstable, LU5 Map

Estimated Price: £264,068
Average Asking Price: £257,141
Price change in last one year: £19,878
Average Price Paid: £201,110
Average Rent Rates: £4,264

 

Property Prices Breakdown in Ridgeway Avenue, Dunstable, LU5

Average Price for property in Ridgeway Avenue, Dunstable, LU5 is around £264,068 which varies based on type of property you are interested in and ranges from £214,583 for detached house to around £253,910 for semi-detached. Similarly terraced house is around £277,515 and a flat is worth £943,569. Values have been changing and have risen £1,334 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,495 in last 6 months, £19,878 in last 1 year, £32,605 in last 2 years, £40,588 in last 3 years, £33,307 in last 4 years and £32,329 in last 5 years.

Currently average asking price of a property in Ridgeway Avenue, Dunstable, LU5 is around £257,141 based on approximately 3 properties for sale. Same is the case with rental options based on 55 properties up for rent, average asking rent is around £4,264 per month.

Estimated property value in Ridgeway Avenue, Dunstable, LU5 is £264,068. Average asking price is £257,141 while average price paid is £221,666 which is up by £19,878 and Avg. asking rent £4,264.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 Ridgeway Avenue, Dunstable, LU5 area. In last 1 year alone average price buyer paid is around £221,666 based on approximately 3 sales in Ridgeway Avenue, Dunstable, LU5 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £207,285. 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 £201,110 for 22 and average amount paid for purchase of approx. 33 properties sold in last 7 years comes to about £195,861 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 £127,500, £170,588 for a 2 bedroom house, £227,736 for a 3 bedroom house, £372,856 for a 4 bedroom house and £948,333 for a 5 bedroom house. For a flat similarly the prices varies from £105,795 for a single bedroom to £150,270 for a 2 bedroom Flat. To sum up the asking prices for properties in Ridgeway Avenue, Dunstable, LU5 it comes to around average £109,413 for 1 bedroom property, £161,172 for 2 bedroom, £227,736 for 3 bedroom, £372,856 for 4 bedroom and £948,333 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 £667 for 1 bedroom to £995 for 2 bedroom, £1,156 for 3 bedroom and £1,457 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £550. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £713. You should be generally be expecting around average £600 rent per month for single bedroom property, £819 for 2 bedroom, £1,156 for 3 bedroom and approximately £1,457 for 4 bedroom property in Ridgeway Avenue, Dunstable, LU5 area.

Popular Houses in Ridgeway Avenue, Dunstable, LU5

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 Ridgeway Avenue, Dunstable, LU5