Sorrell Drive, Newport Pagnell, MK16

Street Guide For Sorrell Drive, Newport Pagnell, MK16

 

Sorrell Drive, Newport Pagnell, MK16 Map

Estimated Price: £204,563
Average Asking Price: £392,905
Price change in last one year: £15,503
Average Price Paid: £156,673
Average Rent Rates: £1,093

 

Property Prices Breakdown in Sorrell Drive, Newport Pagnell, MK16

Average Price for property in Sorrell Drive, Newport Pagnell, MK16 is around £204,563 which varies based on type of property you are interested in and ranges from £321,400 for detached house to around £194,434 for semi-detached. Similarly terraced house is around £152,907 and a flat is worth £94,784. Values have been changing and have risen £1,145 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,815 in last 6 months, £15,503 in last 1 year, £26,111 in last 2 years, £31,823 in last 3 years, £27,132 in last 4 years and £31,161 in last 5 years.

Currently average asking price of a property in Sorrell Drive, Newport Pagnell, MK16 is around £392,905 based on approximately 5 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £1,093 per month.

Estimated property value in Sorrell Drive, Newport Pagnell, MK16 is £204,563. Average asking price is £392,905 while average price paid is £151,400 which is up by £15,503 and Avg. asking rent £1,093.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 Sorrell Drive, Newport Pagnell, MK16 area. In last 1 year alone average price buyer paid is around £151,400 based on approximately 5 sales in Sorrell Drive, Newport Pagnell, MK16 area alone. If you compare it to last 3 years sales of 18 properties where buyers paid around £149,305. 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 £156,673 for 23 and average amount paid for purchase of approx. 37 properties sold in last 7 years comes to about £154,175 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 £116,860, £203,708 for a 2 bedroom house, £259,233 for a 3 bedroom house, £506,139 for a 4 bedroom house and £631,363 for a 5 bedroom house. For a flat similarly the prices varies from £131,275 for a single bedroom to £176,999 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £549,000 and £760,000 for a 4 bedroom flat. To sum up the asking prices for properties in Sorrell Drive, Newport Pagnell, MK16 it comes to around average £123,267 for 1 bedroom property, £193,868 for 2 bedroom, £268,580 for 3 bedroom, £523,063 for 4 bedroom and £631,363 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 £843 for 2 bedroom to £923 for 3 bedroom, £1,675 for 4 bedroom and £2,249 for 5 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 £750 and £1,751 for 3 bedroom. You should be generally be expecting around average £550 rent per month for single bedroom property, £787 for 2 bedroom, £1,337 for 3 bedroom, £1,675 for 4 bedroom and approximately £2,249 for a 5 bedroom property in Sorrell Drive, Newport Pagnell, MK16 area.

Popular Houses in Sorrell Drive, Newport Pagnell, MK16

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 Sorrell Drive, Newport Pagnell, MK16