Bower Road, Swanley, BR8

Street Guide For Bower Road, Swanley, BR8

 
 

Bower Road, Swanley, BR8 Map

Estimated Price: £296,312
Average Asking Price: £320,792
Price change in last one year: £28,559
Average Price Paid: £218,041
Average Rent Rates: £4,420

Letzone Property Limited
4 Holmbury Park, Bromley, Kent BR1 2QS, United Kin

Free House valuation

 

Property Prices Breakdown in Bower Road, Swanley, BR8

Average Price for property in Bower Road, Swanley, BR8 is around £296,312 which varies based on type of property you are interested in and ranges from £331,176 for detached house to around £290,759 for semi-detached. Similarly terraced house is around £251,989. Values have been changing and have risen £2,344 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,453 in last 6 months, £28,559 in last 1 year, £52,706 in last 2 years, £55,351 in last 3 years, £53,100 in last 4 years and £60,552 in last 5 years.

Currently average asking price of a property in Bower Road, Swanley, BR8 is around £320,792 based on approximately 2 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £4,420 per month.

Estimated property value in Bower Road, Swanley, BR8 is £296,312. Average asking price is £320,792 while average price paid is £259,000 which is up by £28,559 and Avg. asking rent £4,420.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 Bower Road, Swanley, BR8 area. In last 1 year alone average price buyer paid is around £259,000 based on approximately 2 sales in Bower Road, Swanley, BR8 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £226,500. 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 £218,041 for 12 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £218,906 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 £111,665, £341,250 for a 2 bedroom house, £348,031 for a 3 bedroom house, £365,556 for a 4 bedroom house and £508,750 for a 5 bedroom house. For a flat similarly the prices varies from £155,554 for a single bedroom to £225,416 for a 2 bedroom Flat. To sum up the asking prices for properties in Bower Road, Swanley, BR8 it comes to around average £144,582 for 1 bedroom property, £271,750 for 2 bedroom, £348,031 for 3 bedroom, £365,556 for 4 bedroom and £508,750 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 £757 for 1 bedroom to £1,141 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £742. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £802. You should be generally be expecting around average £751 rent per month for single bedroom property, £802 for 2 bedroom and approximately £1,141 for 3 bedroom property in Bower Road, Swanley, BR8 area.

Popular Houses in Bower Road, Swanley, BR8

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 Bower Road, Swanley, BR8