Ridgeway, Woburn Sands, Milton Keynes, MK17

Street Guide For Ridgeway, Woburn Sands, Milton Keynes, MK17

 

Ridgeway, Woburn Sands, Milton Keynes, MK17 Map

Estimated Price: £537,056
Average Asking Price: £535,486
Price change in last one year: £48,341
Average Price Paid: £485,000
Average Rent Rates: £1,737

 

Property Prices Breakdown in Ridgeway, Woburn Sands, Milton Keynes, MK17

Average Price for property in Ridgeway, Woburn Sands, Milton Keynes, MK17 is around £537,056 which varies based on type of property you are interested in and ranges from £595,378 for detached house to around £493,314 for semi-detached. Values have been changing and have risen £3,803 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,644 in last 6 months, £48,341 in last 1 year, £77,039 in last 2 years, £78,448 in last 3 years, £78,161 in last 4 years and £84,145 in last 5 years.

Currently average asking price of a property in Ridgeway, Woburn Sands, Milton Keynes, MK17 is around £535,486 based on approximately 1 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £1,737 per month.

Estimated property value in Ridgeway, Woburn Sands, Milton Keynes, MK17 is £537,056. Average asking price is £535,486 while average price paid is £477,500 which is up by £48,341 and Avg. asking rent £1,737.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, Woburn Sands, Milton Keynes, MK17 area. In last 1 year alone average price buyer paid is around £477,500 based on approximately 1 sales in Ridgeway, Woburn Sands, Milton Keynes, MK17 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £356,250. 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 £485,000 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £485,000 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 £194,475, £321,150 for a 2 bedroom house, £389,846 for a 3 bedroom house, £576,984 for a 4 bedroom house and £904,917 for a 5 bedroom house. For a flat similarly the prices varies from £156,790 for a single bedroom to £294,311 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £695,000. To sum up the asking prices for properties in Ridgeway, Woburn Sands, Milton Keynes, MK17 it comes to around average £167,557 for 1 bedroom property, £314,224 for 2 bedroom, £408,918 for 3 bedroom, £576,984 for 4 bedroom and £904,917 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 £899 for 2 bedroom to £1,813 for 3 bedroom, £2,060 for 4 bedroom and £1,400 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £703. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £837. You should be generally be expecting around average £703 rent per month for single bedroom property, £851 for 2 bedroom, £1,813 for 3 bedroom, £2,060 for 4 bedroom and approximately £1,400 for a 5 bedroom property in Ridgeway, Woburn Sands, Milton Keynes, MK17 area.

Popular Houses in Ridgeway, Woburn Sands, Milton Keynes, MK17

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, Woburn Sands, Milton Keynes, MK17