Wells Close, Grantham, NG31

Street Guide For Wells Close, Grantham, NG31

 

Wells Close, Grantham, NG31 Map

Estimated Price: £208,178
Average Asking Price: £178,179
Price change in last one year: £11,291
Average Price Paid: £169,000
Average Rent Rates: £630

 

Property Prices Breakdown in Wells Close, Grantham, NG31

Average Price for property in Wells Close, Grantham, NG31 is around £208,178 e.g. average price for detached house is around 208,178. Values have been changing and have risen £25 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £471 in last 6 months, £11,291 in last 1 year, £19,728 in last 2 years, £20,673 in last 3 years, £18,452 in last 4 years and £18,713 in last 5 years.

Currently average asking price of a property in Wells Close, Grantham, NG31 is around £178,179 based on approximately 0 properties for sale. Same is the case with rental options based on 77 properties up for rent, average asking rent is around £630 per month.

Estimated property value in Wells Close, Grantham, NG31 is £208,178. Average asking price is £178,179 while average price paid is £169,000 which is up by £20,673 and Avg. asking rent £630.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 Wells Close, Grantham, NG31 area. In last 3 years alone average price buyer paid is around £169,000 based on approximately 1 sales in Wells Close, Grantham, NG31 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £169,000. 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 £169,500 for 2 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 £79,975, £106,588 for a 2 bedroom house, £149,742 for a 3 bedroom house, £263,203 for a 4 bedroom house and £380,281 for a 5 bedroom house. For a flat similarly the prices varies from £91,973 for a single bedroom to £103,306 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £134,975. To sum up the asking prices for properties in Wells Close, Grantham, NG31 it comes to around average £90,561 for 1 bedroom property, £105,558 for 2 bedroom, £149,460 for 3 bedroom, £263,203 for 4 bedroom and £380,281 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 £394 for 1 bedroom to £502 for 2 bedrooms, £590 for 3 bedrooms, £714 for 4 bedrooms and £897 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £411. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £462. You should be generally be expecting around average £410 rent per month for single bedroom property, £484 for 2 bedroom, £590 for 3 bedroom, £714 for 4 bedroom and approximately £897 for a 5 bedroom property in Wells Close, Grantham, NG31 area.

Popular Houses in Wells Close, Grantham, NG31

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 Wells Close, Grantham, NG31