West Point, Newick, Lewes, BN8

Street Guide For West Point, Newick, Lewes, BN8

 

West Point, Newick, Lewes, BN8 Map

Estimated Price: £346,703
Average Asking Price: £743,856
Price change in last one year: £22,309
Average Price Paid: £276,875
Average Rent Rates: £1,131

 

Property Prices Breakdown in West Point, Newick, Lewes, BN8

Average Price for property in West Point, Newick, Lewes, BN8 is around £346,703 which varies based on type of property you are interested in and ranges from £420,637 for detached house to around £337,059 for semi-detached. Values have been changing and have risen £1,955 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,473 in last 6 months, £22,309 in last 1 year, £43,439 in last 2 years, £50,807 in last 3 years, £47,511 in last 4 years and £52,692 in last 5 years.

Currently average asking price of a property in West Point, Newick, Lewes, BN8 is around £743,856 based on approximately 0 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £1,131 per month.

Estimated property value in West Point, Newick, Lewes, BN8 is £346,703. Average asking price is £743,856 while average price paid is £289,166 which is up by £50,807 and Avg. asking rent £1,131.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 Point, Newick, Lewes, BN8 area. In last 3 years alone average price buyer paid is around £289,166 based on approximately 6 sales in West Point, Newick, Lewes, BN8 area alone. If you compare it to last 5 years sales of 8 properties where buyers paid around £276,875. 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 £275,450 for 10 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 £118,750, £320,664 for a 2 bedroom house, £366,648 for a 3 bedroom house, £585,903 for a 4 bedroom house and £791,350 for a 5 bedroom house. For a flat the prices of 2 bedroom is £193,488. To sum up the asking prices for properties in West Point, Newick, Lewes, BN8 it comes to around average £118,750 for 1 bedroom property, £292,403 for 2 bedroom, £366,648 for 3 bedroom, £585,903 for 4 bedroom and £791,350 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 £1,300 for 1 bedroom to £938 for 2 bedroom, £1,154 for 3 bedroom and £1,274 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £700. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £872 and £1,101 for 3 bedroom. You should be generally be expecting around average £900 rent per month for single bedroom property, £899 for 2 bedroom, £1,139 for 3 bedroom and approximately £1,274 for 4 bedroom property in West Point, Newick, Lewes, BN8 area.

Popular Houses in West Point, Newick, Lewes, BN8

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 Point, Newick, Lewes, BN8