Burnham Road, Southminster, CM0

Street Guide For Burnham Road, Southminster, CM0

 

Burnham Road, Southminster, CM0 Map

Estimated Price: £304,558
Average Asking Price: £375,922
Price change in last one year: £21,799
Average Price Paid: £271,750
Average Rent Rates: £1,260

 

Property Prices Breakdown in Burnham Road, Southminster, CM0

Average Price for property in Burnham Road, Southminster, CM0 is around £304,558 which varies based on type of property you are interested in and ranges from £419,319 for detached house to around £224,349 for semi-detached. Similarly terraced house is around £162,690 and a flat is worth £105,701. Values have been changing and have risen £298 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £369 in last 6 months, £21,799 in last 1 year, £28,522 in last 2 years, £39,728 in last 3 years, £33,575 in last 4 years and £34,982 in last 5 years.

Currently average asking price of a property in Burnham Road, Southminster, CM0 is around £375,922 based on approximately 2 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £1,260 per month.

Estimated property value in Burnham Road, Southminster, CM0 is £304,558. Average asking price is £375,922 while average price paid is £261,250 which is up by £21,799 and Avg. asking rent £1,260.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 Burnham Road, Southminster, CM0 area. In last 1 year alone average price buyer paid is around £261,250 based on approximately 2 sales in Burnham Road, Southminster, CM0 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £252,428. 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 £271,750 for 12 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £276,558 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 £62,498, £186,615 for a 2 bedroom house, £250,302 for a 3 bedroom house, £399,633 for a 4 bedroom house and £639,583 for a 5 bedroom house. For a flat similarly the prices varies from £101,833 for a single bedroom to £134,250 for a 2 bedroom Flat. To sum up the asking prices for properties in Burnham Road, Southminster, CM0 it comes to around average £86,099 for 1 bedroom property, £179,633 for 2 bedroom, £250,302 for 3 bedroom, £399,633 for 4 bedroom and £639,583 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 is £1,001 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £776. You should be generally be expecting around average £776 rent per month for 2 bedroom property and approximately £1,001 for 4 bedroom property in Burnham Road, Southminster, CM0 area.

Popular Houses in Burnham Road, Southminster, CM0

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 Burnham Road, Southminster, CM0