West Drove South, Gedney Hill, Spalding, PE12

Street Guide For West Drove South, Gedney Hill, Spalding, PE12

 

West Drove South, Gedney Hill, Spalding, PE12 Map

Estimated Price: £238,299
Average Asking Price: £234,678
Price change in last one year: £17,204
Average Price Paid: £198,112
Average Rent Rates: £882

 

Property Prices Breakdown in West Drove South, Gedney Hill, Spalding, PE12

Average Price for property in West Drove South, Gedney Hill, Spalding, PE12 is around £238,299 which varies based on type of property you are interested in and ranges from £212,285 for detached house to around £446,402 for semi-detached. Values have been changing and have risen £1,254 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,450 in last 6 months, £17,204 in last 1 year, £29,133 in last 2 years, £29,311 in last 3 years, £27,679 in last 4 years and £23,633 in last 5 years.

Currently average asking price of a property in West Drove South, Gedney Hill, Spalding, PE12 is around £234,678 based on approximately 0 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £882 per month.

Estimated property value in West Drove South, Gedney Hill, Spalding, PE12 is £238,299. Average asking price is £234,678 while average price paid is £163,725 which is up by £29,311 and Avg. asking rent £882.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 West Drove South, Gedney Hill, Spalding, PE12 area. In last 3 years alone average price buyer paid is around £163,725 based on approximately 2 sales in West Drove South, Gedney Hill, Spalding, PE12 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £198,112. 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 £208,741 for 6 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 £92,474, £135,244 for a 2 bedroom house, £204,291 for a 3 bedroom house, £294,768 for a 4 bedroom house and £370,185 for a 5 bedroom house. For a flat similarly the prices varies from £82,495 for a single bedroom to £107,472 for a 2 bedroom Flat. To sum up the asking prices for properties in West Drove South, Gedney Hill, Spalding, PE12 it comes to around average £87,484 for 1 bedroom property, £132,930 for 2 bedroom, £204,291 for 3 bedroom, £294,768 for 4 bedroom and £370,185 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 £425 for 1 bedroom to £566 for 2 bedroom and £631 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £423. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £477. You should be generally be expecting around average £423 rent per month for single bedroom property, £550 for 2 bedroom and approximately £631 for 3 bedroom property in West Drove South, Gedney Hill, Spalding, PE12 area.

Popular Houses in West Drove South, Gedney Hill, Spalding, PE12

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 West Drove South, Gedney Hill, Spalding, PE12