Bushy Mead

Area Guide For Bushy Mead

Bushey Mead is a small district of the London Borough of Merton, forming a small 'ladder' of terraced streets between Wimbledon Chase railway station and Raynes Park railway station. The housing was built in several steps during the period circa 1890 - 1913.

 
 

Bushy Mead Map

Estimated Price: £659,348
Average Asking Price: £644,619
Price change in last one year: £68,630
Average Price Paid: £465,443
Average Rent Rates: £2,244

 
 

Property Prices Breakdown in Bushy Mead

Average Price for property in Bushy Mead is around £659,348 which varies based on type of property you are interested in and ranges from £1,729,822 for detached house to around £789,518 for semi-detached. Similarly terraced house is around £675,862 and a flat is worth £452,491. Values have been changing and have risen £812 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £902 in last 6 months, £68,630 in last 1 year, £128,320 in last 2 years, £170,736 in last 3 years, £189,377 in last 4 years and £196,173 in last 5 years.

Currently average asking price of a property in Bushy Mead is around £644,619 based on approximately 304 properties for sale. Same is the case with rental options based on 114 properties up for rent, average asking rent is around £2,244 per month.

Estimated property value in Bushy Mead is £659,348. Average asking price is £644,619 while average price paid is £572,918 which is up by £68,630 and Avg. asking rent £2,244.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 Bushy Mead area. In last 1 year alone average price buyer paid is around £572,918 based on approximately 304 sales in Bushy Mead area alone. If you compare it to last 3 years sales of 1,055 properties where buyers paid around £497,900. 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 £465,443 for 1,738 and average amount paid for purchase of approx. 2,208 properties sold in last 7 years comes to about £444,068 per sale.

 
 

Properties For Sale in Bushy Mead

 
 

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 £360,000, £564,962 for a 2 bedroom house, £654,210 for a 3 bedroom house, £988,207 for a 4 bedroom house and £1,214,369 for a 5 bedroom house. For a flat similarly the prices varies from £338,310 for a single bedroom to £494,129 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £594,738 and £899,000 for a 4 bedroom flat. To sum up the asking prices for properties in Bushy Mead it comes to around average £339,295 for 1 bedroom property, £502,715 for 2 bedroom, £650,108 for 3 bedroom, £982,260 for 4 bedroom and £1,214,369 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 £1,326 for 1 bedroom to £1,668 for 2 bedrooms, £2,496 for 3 bedrooms, £3,586 for 4 bedrooms and £3,190 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,296. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,091 and £2,080 for 3 bedroom. You should be generally be expecting around average £1,298 rent per month for single bedroom property, £1,978 for 2 bedroom, £2,424 for 3 bedroom, £3,586 for 4 bedroom and approximately £3,190 for a 5 bedroom property in Bushy Mead area.

Popular Houses in Bushy Mead

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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