Water Lane, Bures, CO8

Street Guide For Water Lane, Bures, CO8

 

Water Lane, Bures, CO8 Map

Estimated Price: £372,508
Average Asking Price: £353,172
Price change in last one year: £30,234
Average Price Paid: £317,750
Average Rent Rates: £650

 

Property Prices Breakdown in Water Lane, Bures, CO8

Average Price for property in Water Lane, Bures, CO8 is around £372,508 which varies based on type of property you are interested in and ranges from £441,211 for detached house to around £235,099 for semi-detached. Values have been changing and have risen £1,375 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,340 in last 6 months, £30,234 in last 1 year, £38,138 in last 2 years, £45,043 in last 3 years, £39,797 in last 4 years and £36,728 in last 5 years.

Currently average asking price of a property in Water Lane, Bures, CO8 is around £353,172 based on approximately 1 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £650 per month.

Estimated property value in Water Lane, Bures, CO8 is £372,508. Average asking price is £353,172 while average price paid is £417,000 which is up by £30,234 and Avg. asking rent £650.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 Water Lane, Bures, CO8 area. In last 1 year alone average price buyer paid is around £417,000 based on approximately 1 sales in Water Lane, Bures, CO8 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £303,666. 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 £317,750 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £313,200 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 £169,995, £220,000 for a 2 bedroom house, £311,633 for a 3 bedroom house, £300,000 for a 4 bedroom house and £553,333 for a 5 bedroom house. For a flat the prices of 2 bedroom is £145,000. To sum up the asking prices for properties in Water Lane, Bures, CO8 it comes to around average £169,995 for 1 bedroom property, £182,500 for 2 bedroom, £311,633 for 3 bedroom, £300,000 for 4 bedroom and £553,333 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 is £650 for 2 bedroom. You should be generally be expecting around average £650 rent per month for 2 bedroom property in Water Lane, Bures, CO8 area.

Popular Houses in Water Lane, Bures, CO8

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 Water Lane, Bures, CO8