TR5

Real Estate Area Guide For TR5

 

TR5 Map

Estimated Price: £325,562
Average Asking Price: £287,707
Price change in last one year: £16,553
Average Price Paid: £304,893
Average Rent Rates: £969

 

Property Prices Breakdown in TR5

Average Price for property in TR5 is around £325,562 which varies based on type of property you are interested in and ranges from £372,491 for detached house to around £283,772 for semi-detached. Similarly terraced house is around £247,604 and a flat is worth £191,897. Values have been changing and have risen £3,441 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,499 in last 6 months, £16,553 in last 1 year, £27,086 in last 2 years, £25,552 in last 3 years, £18,663 in last 4 years and £28,006 in last 5 years.

Currently average asking price of a property in TR5 is around £287,707 based on approximately 73 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £969 per month.

Estimated property value in TR5 is £325,562. Average asking price is £287,707 while average price paid is £324,299 which is up by £16,553 and Avg. asking rent £969.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 TR5 area. In last 1 year alone average price buyer paid is around £324,299 based on approximately 73 sales in TR5 area alone. If you compare it to last 3 years sales of 182 properties where buyers paid around £304,645. 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 £304,893 for 311 and average amount paid for purchase of approx. 405 properties sold in last 7 years comes to about £298,408 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 £160,000, £110,441 for a 2 bedroom house, £204,509 for a 3 bedroom house, £471,420 for a 4 bedroom house and £487,500 for a 5 bedroom house. For a flat similarly the prices varies from £194,950 for a single bedroom to £215,000 for a 2 bedroom Flat. To sum up the asking prices for properties in TR5 it comes to around average £177,475 for 1 bedroom property, £119,154 for 2 bedroom, £204,509 for 3 bedroom, £471,420 for 4 bedroom and £487,500 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 £793 for 2 bedroom to £944 for 3 bedroom and £1,491 for 4 bedroom. But if you are interested in renting a 3 bedroom flat then rent per month can be around £724. You should be generally be expecting around average £793 rent per month for 2 bedroom property, £900 for 3 bedroom and approximately £1,491 for 4 bedroom property in TR5 area.

Popular Houses in TR5

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.

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