Spitalfield Lane, New Romney, TN28

Street Guide For Spitalfield Lane, New Romney, TN28

 

Spitalfield Lane, New Romney, TN28 Map

Estimated Price: £356,931
Average Asking Price: £241,317
Price change in last one year: £33,283
Average Price Paid: £329,998
Average Rent Rates: £655

 

Property Prices Breakdown in Spitalfield Lane, New Romney, TN28

Average Price for property in Spitalfield Lane, New Romney, TN28 is around £356,931 which varies based on type of property you are interested in and ranges from £342,212 for detached house to around £332,036 for semi-detached. Similarly terraced house is around £587,736. Values have been changing and have risen £2,031 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,714 in last 6 months, £33,283 in last 1 year, £46,737 in last 2 years, £54,675 in last 3 years, £47,523 in last 4 years and £50,196 in last 5 years.

Currently average asking price of a property in Spitalfield Lane, New Romney, TN28 is around £241,317 based on approximately 2 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £655 per month.

Estimated property value in Spitalfield Lane, New Romney, TN28 is £356,931. Average asking price is £241,317 while average price paid is £339,997 which is up by £33,283 and Avg. asking rent £655.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 Spitalfield Lane, New Romney, TN28 area. In last 1 year alone average price buyer paid is around £339,997 based on approximately 2 sales in Spitalfield Lane, New Romney, TN28 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £329,998. 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 £329,998 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £343,999 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 £105,000, £64,464 for a 2 bedroom house, £224,497 for a 3 bedroom house, £377,141 for a 4 bedroom house and £371,722 for a 5 bedroom house. For a flat similarly the prices varies from £100,000 for a single bedroom to £119,490 for a 2 bedroom Flat. To sum up the asking prices for properties in Spitalfield Lane, New Romney, TN28 it comes to around average £100,714 for 1 bedroom property, £73,951 for 2 bedroom, £224,497 for 3 bedroom, £377,141 for 4 bedroom and £371,722 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 £637 for 2 bedroom to £793 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £595. You should be generally be expecting around average £609 rent per month for 2 bedroom property and approximately £793 for 3 bedroom property in Spitalfield Lane, New Romney, TN28 area.

Popular Houses in Spitalfield Lane, New Romney, TN28

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 Spitalfield Lane, New Romney, TN28