Belmont Avenue, New Malden, KT3

Street Guide For Belmont Avenue, New Malden, KT3

 

Belmont Avenue, New Malden, KT3 Map

Estimated Price: £485,453
Average Asking Price: £613,439
Price change in last one year: £45,524
Average Price Paid: £360,763
Average Rent Rates: £2,129

 

Property Prices Breakdown in Belmont Avenue, New Malden, KT3

Average Price for property in Belmont Avenue, New Malden, KT3 is around £485,453 which varies based on type of property you are interested in and ranges from £678,324 for detached house to around £525,566 for semi-detached. Similarly terraced house is around £476,571 and a flat is worth £157,634. Values have been changing and have risen £2,761 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,532 in last 6 months, £45,524 in last 1 year, £85,049 in last 2 years, £99,757 in last 3 years, £106,563 in last 4 years and £106,067 in last 5 years.

Currently average asking price of a property in Belmont Avenue, New Malden, KT3 is around £613,439 based on approximately 1 properties for sale. Same is the case with rental options based on 115 properties up for rent, average asking rent is around £2,129 per month.

Estimated property value in Belmont Avenue, New Malden, KT3 is £485,453. Average asking price is £613,439 while average price paid is £410,000 which is up by £45,524 and Avg. asking rent £2,129.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 Belmont Avenue, New Malden, KT3 area. In last 1 year alone average price buyer paid is around £410,000 based on approximately 1 sales in Belmont Avenue, New Malden, KT3 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £404,421. 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 £360,763 for 15 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £358,905 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 £427,500, £528,299 for a 3 bedroom house, £735,789 for a 4 bedroom house and £931,111 for a 5 bedroom house. For a flat similarly the prices varies from £192,995 for a single bedroom to £327,635 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £365,000. To sum up the asking prices for properties in Belmont Avenue, New Malden, KT3 it comes to around average £192,995 for 1 bedroom property, £341,902 for 2 bedroom, £526,121 for 3 bedroom, £735,789 for 4 bedroom and £931,111 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 £1,399 for 2 bedrooms, £1,857 for 3 bedrooms, £3,451 for 4 bedrooms and £3,727 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,191. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,389. You should be generally be expecting around average £1,207 rent per month for single bedroom property, £1,391 for 2 bedroom, £1,857 for 3 bedroom, £3,451 for 4 bedroom and approximately £3,726 for a 5 bedroom property in Belmont Avenue, New Malden, KT3 area.

Popular Houses in Belmont Avenue, New Malden, KT3

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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