Billet Lane, Stanford-Le-Hope, SS17

Street Guide For Billet Lane, Stanford-Le-Hope, SS17

 

Billet Lane, Stanford-Le-Hope, SS17 Map

Estimated Price: £305,008
Average Asking Price: £321,277
Price change in last one year: £26,282
Average Price Paid: £207,500
Average Rent Rates: £883

 

Property Prices Breakdown in Billet Lane, Stanford-Le-Hope, SS17

Average Price for property in Billet Lane, Stanford-Le-Hope, SS17 is around £305,008 which varies based on type of property you are interested in and ranges from £619,476 for detached house to around £257,799 for semi-detached. Similarly terraced house is around £195,111. Values have been changing and have risen £2,639 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,813 in last 6 months, £26,282 in last 1 year, £39,563 in last 2 years, £40,377 in last 3 years, £41,240 in last 4 years and £46,998 in last 5 years.

Currently average asking price of a property in Billet Lane, Stanford-Le-Hope, SS17 is around £321,277 based on approximately 1 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £883 per month.

Estimated property value in Billet Lane, Stanford-Le-Hope, SS17 is £305,008. Average asking price is £321,277 while average price paid is £241,500 which is up by £26,282 and Avg. asking rent £883.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 Billet Lane, Stanford-Le-Hope, SS17 area. In last 1 year alone average price buyer paid is around £241,500 based on approximately 1 sales in Billet Lane, Stanford-Le-Hope, SS17 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £207,500. 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 £207,500 for 2 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £184,999 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 £149,950, £219,999 for a 2 bedroom house, £302,104 for a 3 bedroom house, £375,454 for a 4 bedroom house and £607,000 for a 5 bedroom house. For a flat similarly the prices varies from £80,000 for a single bedroom to £177,121 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £164,995. To sum up the asking prices for properties in Billet Lane, Stanford-Le-Hope, SS17 it comes to around average £114,975 for 1 bedroom property, £198,560 for 2 bedroom, £299,467 for 3 bedroom, £375,454 for 4 bedroom and £607,000 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 £650 for 1 bedroom to £802 for 2 bedroom, £1,125 for 3 bedroom and £1,248 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,001. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,059. You should be generally be expecting around average £826 rent per month for single bedroom property, £930 for 2 bedroom, £1,124 for 3 bedroom and approximately £1,248 for 4 bedroom property in Billet Lane, Stanford-Le-Hope, SS17 area.

Popular Houses in Billet Lane, Stanford-Le-Hope, SS17

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 Billet Lane, Stanford-Le-Hope, SS17