Balfour Road, Walmer, Deal, CT14

Street Guide For Balfour Road, Walmer, Deal, CT14

 

Balfour Road, Walmer, Deal, CT14 Map

Estimated Price: £321,184
Average Asking Price: £259,596
Price change in last one year: £21,954
Average Price Paid: £289,677
Average Rent Rates: £774

 

Property Prices Breakdown in Balfour Road, Walmer, Deal, CT14

Average Price for property in Balfour Road, Walmer, Deal, CT14 is around £321,184 which varies based on type of property you are interested in and ranges from £317,181 for detached house to around £325,599 for semi-detached. Similarly terraced house is around £352,924 and a flat is worth £289,344. Values have been changing and have risen £1,156 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,383 in last 6 months, £21,954 in last 1 year, £41,495 in last 2 years, £45,610 in last 3 years, £37,047 in last 4 years and £43,710 in last 5 years.

Currently average asking price of a property in Balfour Road, Walmer, Deal, CT14 is around £259,596 based on approximately 2 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £774 per month.

Estimated property value in Balfour Road, Walmer, Deal, CT14 is £321,184. Average asking price is £259,596 while average price paid is £302,500 which is up by £21,954 and Avg. asking rent £774.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 Balfour Road, Walmer, Deal, CT14 area. In last 1 year alone average price buyer paid is around £302,500 based on approximately 2 sales in Balfour Road, Walmer, Deal, CT14 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £275,812. 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 £289,677 for 11 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £291,082 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 £175,000, £195,274 for a 2 bedroom house, £241,732 for a 3 bedroom house, £387,579 for a 4 bedroom house and £474,536 for a 5 bedroom house. For a flat similarly the prices varies from £118,986 for a single bedroom to £155,034 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £312,492. To sum up the asking prices for properties in Balfour Road, Walmer, Deal, CT14 it comes to around average £124,587 for 1 bedroom property, £181,663 for 2 bedroom, £245,814 for 3 bedroom, £387,579 for 4 bedroom and £474,536 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 £589 for 1 bedroom to £705 for 2 bedroom, £838 for 3 bedroom and £1,083 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £534. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £602 and £1,101 for 3 bedroom. You should be generally be expecting around average £556 rent per month for single bedroom property, £643 for 2 bedroom, £852 for 3 bedroom and approximately £1,083 for 4 bedroom property in Balfour Road, Walmer, Deal, CT14 area.

Popular Houses in Balfour Road, Walmer, Deal, CT14

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 Balfour Road, Walmer, Deal, CT14