Cannons Mead, Stansted, CM24

Street Guide For Cannons Mead, Stansted, CM24

 

Cannons Mead, Stansted, CM24 Map

Estimated Price: £257,368
Average Asking Price: £543,841
Price change in last one year: £20,912
Average Price Paid: £203,333
Average Rent Rates: £1,780

 

Property Prices Breakdown in Cannons Mead, Stansted, CM24

Average Price for property in Cannons Mead, Stansted, CM24 is around £257,368 which varies based on type of property you are interested in and ranges from £292,791 for semi-detached to around £243,199 for terraced house. Values have been changing and have risen £274 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £308 in last 6 months, £20,912 in last 1 year, £29,102 in last 2 years, £38,813 in last 3 years, £33,775 in last 4 years and £35,785 in last 5 years.

Currently average asking price of a property in Cannons Mead, Stansted, CM24 is around £543,841 based on approximately 1 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £1,780 per month.

Estimated property value in Cannons Mead, Stansted, CM24 is £257,368. Average asking price is £543,841 while average price paid is £205,000 which is up by £20,912 and Avg. asking rent £1,780.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 Cannons Mead, Stansted, CM24 area. In last 1 year alone average price buyer paid is around £205,000 based on approximately 1 sales in Cannons Mead, Stansted, CM24 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 £203,333 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £204,000 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 2 bedroom is around £248,749, £352,500 for a 3 bedroom house, £918,749 for a 4 bedroom house and £550,000 for a 5 bedroom house. For a flat similarly the prices varies from £215,995 for a 2 bedroom to £320,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Cannons Mead, Stansted, CM24 it comes to around average £242,198 for 2 bedroom property, £346,000 for 3 bedroom, £918,749 for 4 bedroom and £550,000 for 5 bedroom.

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 £823 for 1 bedroom to £451 for 4 bedroom and £1,794 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £750. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £923. You should be generally be expecting around average £799 rent per month for single bedroom property, £923 for 2 bedroom, £451 for 4 bedroom and approximately £1,794 for 5 bedroom property in Cannons Mead, Stansted, CM24 area.

Popular Houses in Cannons Mead, Stansted, CM24

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 Cannons Mead, Stansted, CM24