Vicarage Lane, Long Bennington, Newark, NG23

Street Guide For Vicarage Lane, Long Bennington, Newark, NG23

 

Vicarage Lane, Long Bennington, Newark, NG23 Map

Estimated Price: £365,391
Average Asking Price: £348,806
Price change in last one year: £20,544
Average Price Paid: £148,666
Average Rent Rates: £866

 

Property Prices Breakdown in Vicarage Lane, Long Bennington, Newark, NG23

Average Price for property in Vicarage Lane, Long Bennington, Newark, NG23 is around £365,391 which varies based on type of property you are interested in and ranges from £361,331 for detached house to around £405,998 for semi-detached. Values have been changing and have risen £488 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,822 in last 6 months, £20,544 in last 1 year, £37,849 in last 2 years, £39,923 in last 3 years, £40,687 in last 4 years and £31,253 in last 5 years.

Currently average asking price of a property in Vicarage Lane, Long Bennington, Newark, NG23 is around £348,806 based on approximately 0 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £866 per month.

Estimated property value in Vicarage Lane, Long Bennington, Newark, NG23 is £365,391. Average asking price is £348,806 while average price paid is £148,666 which is up by £39,923 and Avg. asking rent £866.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 Vicarage Lane, Long Bennington, Newark, NG23 area. In last 3 years alone average price buyer paid is around £148,666 based on approximately 3 sales in Vicarage Lane, Long Bennington, Newark, NG23 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £148,666. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £232,750 for 4 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 £161,250, £149,998 for a 2 bedroom house, £254,444 for a 3 bedroom house, £361,022 for a 4 bedroom house and £506,172 for a 5 bedroom house. For a flat the prices of 2 bedroom is £71,000. To sum up the asking prices for properties in Vicarage Lane, Long Bennington, Newark, NG23 it comes to around average £161,250 for 1 bedroom property, £146,706 for 2 bedroom, £254,444 for 3 bedroom, £361,022 for 4 bedroom and £506,172 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 £594 for 2 bedroom to £815 for 3 bedroom and £1,694 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £360. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £442. You should be generally be expecting around average £360 rent per month for single bedroom property, £493 for 2 bedroom, £815 for 3 bedroom and approximately £1,694 for 4 bedroom property in Vicarage Lane, Long Bennington, Newark, NG23 area.

Popular Houses in Vicarage Lane, Long Bennington, Newark, NG23

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 Vicarage Lane, Long Bennington, Newark, NG23