UB4

Real Estate Area Guide For UB4

 

UB4 Map

Estimated Price: £296,476
Average Asking Price: £305,585
Price change in last one year: £27,867
Average Price Paid: £227,502
Average Rent Rates: £1,121

 

UB4 Rating

According to the ratings we obtained in our survey of the UB4 area, 76% of the people rate it as a Very good neighbourhood overall and 70% consider it a safe locality with a strong sense of community. 70% of the votes are in favour of the entertainment & nightlife options while 80% of the people recommend the parks and recreational facilities. The restaurants & shopping scene received 80% votes while 80% of the residents gave good reviews for schools, public services and 80% also voted for transport & travel facilities in the neighbourhood.

Property Prices Breakdown in UB4

Average Price for property in UB4 is around £296,476 which varies based on type of property you are interested in and ranges from £429,897 for detached house to around £336,012 for semi-detached. Similarly terraced house is around £287,549 and a flat is worth £195,445. Values have been changing and have risen £2,757 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,015 in last 6 months, £27,867 in last 1 year, £41,947 in last 2 years, £50,485 in last 3 years, £47,342 in last 4 years and £54,984 in last 5 years.

Currently average asking price of a property in UB4 is around £305,585 based on approximately 288 properties for sale. Same is the case with rental options based on 57 properties up for rent, average asking rent is around £1,121 per month.

Estimated property value in UB4 is £296,476. Average asking price is £305,585 while average price paid is £247,748 which is up by £27,867 and Avg. asking rent £1,121.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 UB4 area. In last 1 year alone average price buyer paid is around £247,748 based on approximately 288 sales in UB4 area alone. If you compare it to last 3 years sales of 895 properties where buyers paid around £235,690. 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 £227,502 for 1,533 and average amount paid for purchase of approx. 2,182 properties sold in last 7 years comes to about £224,906 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 £191,633, £284,990 for a 2 bedroom house, £359,780 for a 3 bedroom house, £516,484 for a 4 bedroom house and £433,529 for a 5 bedroom house. For a flat similarly the prices varies from £148,072 for a single bedroom to £233,220 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £199,950. To sum up the asking prices for properties in UB4 it comes to around average £154,295 for 1 bedroom property, £241,309 for 2 bedroom, £355,574 for 3 bedroom, £516,484 for 4 bedroom and £433,529 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 £809 for 1 bedroom to £1,271 for 2 bedroom, £1,489 for 3 bedroom and £1,593 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £900. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,175 and £1,452 for 3 bedroom. You should be generally be expecting around average £850 rent per month for single bedroom property, £1,233 for 2 bedroom, £1,487 for 3 bedroom and approximately £1,592 for 4 bedroom property in UB4 area.

Popular Houses in UB4

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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