Bury Lane, Epping, CM16

Street Guide For Bury Lane, Epping, CM16

 

Bury Lane, Epping, CM16 Map

Estimated Price: £752,560
Average Asking Price: £654,313
Price change in last one year: £66,423
Average Price Paid: £345,000
Average Rent Rates: £1,606

 

Property Prices Breakdown in Bury Lane, Epping, CM16

Average Price for property in Bury Lane, Epping, CM16 is around £752,560 which varies based on type of property you are interested in and ranges from £1,026,509 for detached house to around £394,754 for semi-detached. Similarly terraced house is around £568,063. Values have been changing and have risen £966 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,027 in last 6 months, £66,423 in last 1 year, £87,875 in last 2 years, £108,424 in last 3 years, £100,711 in last 4 years and £103,947 in last 5 years.

Currently average asking price of a property in Bury Lane, Epping, CM16 is around £654,313 based on approximately 0 properties for sale. Same is the case with rental options based on 51 properties up for rent, average asking rent is around £1,606 per month.

Estimated property value in Bury Lane, Epping, CM16 is £752,560. Average asking price is £654,313 while average price paid is £345,000 which is up by £108,424 and Avg. asking rent £1,606.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 Bury Lane, Epping, CM16 area. In last 3 years alone average price buyer paid is around £345,000 based on approximately 1 sales in Bury Lane, Epping, CM16 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £345,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £321,250 for 4 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 £337,500, £440,432 for a 2 bedroom house, £492,333 for a 3 bedroom house, £867,498 for a 4 bedroom house and £1,241,556 for a 5 bedroom house. For a flat similarly the prices varies from £206,999 for a single bedroom to £366,565 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £941,667. To sum up the asking prices for properties in Bury Lane, Epping, CM16 it comes to around average £244,285 for 1 bedroom property, £399,237 for 2 bedroom, £544,179 for 3 bedroom, £867,498 for 4 bedroom and £1,241,556 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 £479 for 1 bedroom to £1,337 for 2 bedrooms, £1,866 for 3 bedrooms, £2,177 for 4 bedrooms and £4,476 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £824. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,250 and £1,600 for 3 bedroom. You should be generally be expecting around average £709 rent per month for single bedroom property, £1,275 for 2 bedroom, £1,796 for 3 bedroom, £2,177 for 4 bedroom and approximately £4,476 for a 5 bedroom property in Bury Lane, Epping, CM16 area.

Popular Houses in Bury Lane, Epping, CM16

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 Bury Lane, Epping, CM16