Summerwood Estate, Great Massingham, King's Lynn, PE32

Street Guide For Summerwood Estate, Great Massingham, King's Lynn, PE32

 

Summerwood Estate, Great Massingham, King's Lynn, PE32 Map

Estimated Price: £147,947
Average Asking Price: £354,249
Price change in last one year: £8,081
Average Price Paid: £149,166
Average Rent Rates: £891

 

Property Prices Breakdown in Summerwood Estate, Great Massingham, King's Lynn, PE32

Average Price for property in Summerwood Estate, Great Massingham, King's Lynn, PE32 is around £147,947 which varies based on type of property you are interested in and ranges from £124,781 for detached house to around £155,669 for semi-detached. Similarly terraced house is around £48,694. Values have been changing and have risen £405 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,089 in last 6 months, £8,081 in last 1 year, £15,862 in last 2 years, £15,811 in last 3 years, £14,900 in last 4 years and £11,655 in last 5 years.

Currently average asking price of a property in Summerwood Estate, Great Massingham, King's Lynn, PE32 is around £354,249 based on approximately 1 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £891 per month.

Estimated property value in Summerwood Estate, Great Massingham, King's Lynn, PE32 is £147,947. Average asking price is £354,249 while average price paid is £146,500 which is up by £8,081 and Avg. asking rent £891.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 Summerwood Estate, Great Massingham, King's Lynn, PE32 area. In last 1 year alone average price buyer paid is around £146,500 based on approximately 1 sales in Summerwood Estate, Great Massingham, King's Lynn, PE32 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £162,250. 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 £149,166 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £141,625 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 £117,500, £179,014 for a 2 bedroom house, £258,876 for a 3 bedroom house, £400,024 for a 4 bedroom house and £501,535 for a 5 bedroom house. For a flat similarly the prices varies from £140,000 for a single bedroom to £86,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Summerwood Estate, Great Massingham, King's Lynn, PE32 it comes to around average £128,750 for 1 bedroom property, £174,786 for 2 bedroom, £258,876 for 3 bedroom, £400,024 for 4 bedroom and £501,535 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 £564 for 2 bedroom to £770 for 3 bedroom, £1,850 for 4 bedroom and £1,751 for 5 bedroom. You should be generally be expecting around average £564 rent per month for 2 bedroom property, £770 for 3 bedroom, £1,850 for 4 bedroom and approximately £1,750 for 5 bedroom property in Summerwood Estate, Great Massingham, King's Lynn, PE32 area.

Popular Houses in Summerwood Estate, Great Massingham, King's Lynn, PE32

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 Summerwood Estate, Great Massingham, King's Lynn, PE32