Waveney Road, Bungay, NR35

Street Guide For Waveney Road, Bungay, NR35

 

Waveney Road, Bungay, NR35 Map

Estimated Price: £154,231
Average Asking Price: £296,811
Price change in last one year: £12,918
Average Price Paid: £130,766
Average Rent Rates: £735

 

Property Prices Breakdown in Waveney Road, Bungay, NR35

Average Price for property in Waveney Road, Bungay, NR35 is around £154,231 which varies based on type of property you are interested in and ranges from £188,459 for detached house to around £142,955 for semi-detached. Similarly terraced house is around £135,090. Values have been changing and have risen £1,333 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,972 in last 6 months, £12,918 in last 1 year, £14,550 in last 2 years, £17,579 in last 3 years, £16,379 in last 4 years and £17,656 in last 5 years.

Currently average asking price of a property in Waveney Road, Bungay, NR35 is around £296,811 based on approximately 4 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £735 per month.

Estimated property value in Waveney Road, Bungay, NR35 is £154,231. Average asking price is £296,811 while average price paid is £143,750 which is up by £12,918 and Avg. asking rent £735.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 Waveney Road, Bungay, NR35 area. In last 1 year alone average price buyer paid is around £143,750 based on approximately 4 sales in Waveney Road, Bungay, NR35 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £136,850. 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 £130,766 for 15 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £126,731 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 2 bedroom is around £166,025, £270,254 for a 3 bedroom house, £338,401 for a 4 bedroom house and £700,000 for a 5 bedroom house. For a flat similarly the prices varies from £99,317 for a single bedroom to £146,633 for a 2 bedroom Flat. To sum up the asking prices for properties in Waveney Road, Bungay, NR35 it comes to around average £99,317 for 1 bedroom property, £162,146 for 2 bedroom, £270,254 for 3 bedroom, £338,401 for 4 bedroom and £700,000 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 £432 for 1 bedroom to £588 for 2 bedrooms, £697 for 3 bedrooms, £1,365 for 4 bedrooms and £1,751 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £406. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £425. You should be generally be expecting around average £419 rent per month for single bedroom property, £547 for 2 bedroom, £696 for 3 bedroom, £1,365 for 4 bedroom and approximately £1,751 for a 5 bedroom property in Waveney Road, Bungay, NR35 area.

Popular Houses in Waveney Road, Bungay, NR35

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 Waveney Road, Bungay, NR35