NR22

Real Estate Area Guide For NR22

 

NR22 Map

Estimated Price: £305,910
Average Asking Price: £206,244
Price change in last one year: £25,058
Average Price Paid: £258,496
Average Rent Rates: £550

 

Property Prices Breakdown in NR22

Average Price for property in NR22 is around £305,910 which varies based on type of property you are interested in and ranges from £372,670 for detached house to around £234,160 for semi-detached. Similarly terraced house is around £279,367 and a flat is worth £434,775. Values have been changing and have risen £1,883 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,542 in last 6 months, £25,058 in last 1 year, £32,902 in last 2 years, £41,354 in last 3 years, £39,825 in last 4 years and £36,695 in last 5 years.

Currently average asking price of a property in NR22 is around £206,244 based on approximately 10 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £550 per month.

Estimated property value in NR22 is £305,910. Average asking price is £206,244 while average price paid is £253,683 which is up by £25,058 and Avg. asking rent £550.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 NR22 area. In last 1 year alone average price buyer paid is around £253,683 based on approximately 10 sales in NR22 area alone. If you compare it to last 3 years sales of 35 properties where buyers paid around £238,136. 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 £258,496 for 71 and average amount paid for purchase of approx. 97 properties sold in last 7 years comes to about £257,234 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 £125,000 and £217,850 for a 3 bedroom house. To sum up the asking prices for properties in NR22 it comes to around average £125,000 for 2 bedroom property and £217,850 for 3 bedroom.

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 is £550 for 2 bedroom. You should be generally be expecting around average £550 rent per month for 2 bedroom property in NR22 area.

Popular Houses in NR22

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.

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