Wothorpe Park, First Drift, Wothorpe, Stamford, PE9

Street Guide For Wothorpe Park, First Drift, Wothorpe, Stamford, PE9

 

Wothorpe Park, First Drift, Wothorpe, Stamford, PE9 Map

Estimated Price: £714,099
Average Asking Price: £386,961
Price change in last one year: £47,009
Average Price Paid: £750,000
Average Rent Rates: £1,656

 

Property Prices Breakdown in Wothorpe Park, First Drift, Wothorpe, Stamford, PE9

Average Price for property in Wothorpe Park, First Drift, Wothorpe, Stamford, PE9 is around £714,099 which varies based on type of property you are interested in and ranges from £643,909 for detached house to around £695,397 for semi-detached. Similarly terraced house is around £757,136. Values have been changing and have risen £5,766 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,243 in last 6 months, £47,009 in last 1 year, £88,387 in last 2 years, £90,080 in last 3 years, £101,973 in last 4 years and £86,447 in last 5 years.

Currently average asking price of a property in Wothorpe Park, First Drift, Wothorpe, Stamford, PE9 is around £386,961 based on approximately 0 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £1,656 per month.

Estimated property value in Wothorpe Park, First Drift, Wothorpe, Stamford, PE9 is £714,099. Average asking price is £386,961 while average price paid is £750,000 which is up by £90,080 and Avg. asking rent £1,656.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 Wothorpe Park, First Drift, Wothorpe, Stamford, PE9 area. In last 3 years alone average price buyer paid is around £750,000 based on approximately 1 sales in Wothorpe Park, First Drift, Wothorpe, Stamford, PE9 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £750,000. 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 £750,000 for 1 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 £119,972, £167,579 for a 2 bedroom house, £225,348 for a 3 bedroom house, £403,430 for a 4 bedroom house and £600,175 for a 5 bedroom house. For a flat similarly the prices varies from £134,150 for a single bedroom to £191,332 for a 2 bedroom Flat. To sum up the asking prices for properties in Wothorpe Park, First Drift, Wothorpe, Stamford, PE9 it comes to around average £128,479 for 1 bedroom property, £172,177 for 2 bedroom, £225,348 for 3 bedroom, £403,430 for 4 bedroom and £600,175 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 £543 for 1 bedroom to £594 for 2 bedroom, £846 for 3 bedroom and £1,239 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £449. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £911. You should be generally be expecting around average £501 rent per month for single bedroom property, £752 for 2 bedroom, £846 for 3 bedroom and approximately £1,239 for 4 bedroom property in Wothorpe Park, First Drift, Wothorpe, Stamford, PE9 area.

Popular Houses in Wothorpe Park, First Drift, Wothorpe, Stamford, PE9

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 Wothorpe Park, First Drift, Wothorpe, Stamford, PE9