Silverwood Close, Lowestoft, NR33

Street Guide For Silverwood Close, Lowestoft, NR33

 

Silverwood Close, Lowestoft, NR33 Map

Estimated Price: £280,945
Average Asking Price: £175,504
Price change in last one year: £22,360
Average Price Paid: £234,500
Average Rent Rates: £527

 

Property Prices Breakdown in Silverwood Close, Lowestoft, NR33

Average Price for property in Silverwood Close, Lowestoft, NR33 is around £280,945 which varies based on type of property you are interested in and ranges from £332,530 for detached house to around £61,708 for terraced house. Values have been changing and have risen £2,168 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,575 in last 6 months, £22,360 in last 1 year, £30,829 in last 2 years, £38,173 in last 3 years, £35,668 in last 4 years and £35,402 in last 5 years.

Currently average asking price of a property in Silverwood Close, Lowestoft, NR33 is around £175,504 based on approximately 2 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £527 per month.

Estimated property value in Silverwood Close, Lowestoft, NR33 is £280,945. Average asking price is £175,504 while average price paid is £295,000 which is up by £22,360 and Avg. asking rent £527.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 Silverwood Close, Lowestoft, NR33 area. In last 1 year alone average price buyer paid is around £295,000 based on approximately 2 sales in Silverwood Close, Lowestoft, NR33 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £295,000. 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 £234,500 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £234,500 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 £76,250, £107,454 for a 2 bedroom house, £145,716 for a 3 bedroom house, £261,887 for a 4 bedroom house and £327,844 for a 5 bedroom house. For a flat similarly the prices varies from £106,316 for a single bedroom to £139,349 for a 2 bedroom Flat. To sum up the asking prices for properties in Silverwood Close, Lowestoft, NR33 it comes to around average £94,290 for 1 bedroom property, £111,779 for 2 bedroom, £145,716 for 3 bedroom, £261,887 for 4 bedroom and £327,844 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 £494 for 1 bedroom to £540 for 2 bedroom, £624 for 3 bedroom and £750 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £384. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £494. You should be generally be expecting around average £393 rent per month for single bedroom property, £530 for 2 bedroom, £624 for 3 bedroom and approximately £750 for 4 bedroom property in Silverwood Close, Lowestoft, NR33 area.

Popular Houses in Silverwood Close, Lowestoft, NR33

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 Silverwood Close, Lowestoft, NR33