Cedar Close, London, SE21

Street Guide For Cedar Close, London, SE21

 
 

Cedar Close, London, SE21 Map

Estimated Price: £166,530
Average Asking Price: £723,936
Price change in last one year: £18,422
Average Price Paid: £124,823
Average Rent Rates: £2,044

Ram Estate Agent
713 Cranbrook Road, Gants Hill, Ilford, Essex, IG2

Free House valuation

 

Property Prices Breakdown in Cedar Close, London, SE21

Average Price for property in Cedar Close, London, SE21 is around £166,530 e.g. average price for a flat is around 166,530. Values have been changing and have risen £1,856 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,415 in last 6 months, £18,422 in last 1 year, £35,572 in last 2 years, £40,153 in last 3 years, £42,241 in last 4 years and £44,589 in last 5 years.

Currently average asking price of a property in Cedar Close, London, SE21 is around £723,936 based on approximately 7 properties for sale. Same is the case with rental options based on 62 properties up for rent, average asking rent is around £2,044 per month.

Estimated property value in Cedar Close, London, SE21 is £166,530. Average asking price is £723,936 while average price paid is £151,214 which is up by £18,422 and Avg. asking rent £2,044.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 Cedar Close, London, SE21 area. In last 1 year alone average price buyer paid is around £151,214 based on approximately 7 sales in Cedar Close, London, SE21 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £143,000. 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 £124,823 for 17 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £121,750 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 £525,000, £590,490 for a 3 bedroom house, £1,268,177 for a 4 bedroom house and £1,414,986 for a 5 bedroom house. For a flat similarly the prices varies from £289,150 for a single bedroom to £370,123 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £440,647 and £599,950 for a 4 bedroom flat. To sum up the asking prices for properties in Cedar Close, London, SE21 it comes to around average £289,150 for 1 bedroom property, £384,203 for 2 bedroom, £500,584 for 3 bedroom, £1,212,492 for 4 bedroom and £1,414,986 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 £676 for 1 bedroom to £1,850 for 2 bedrooms, £1,987 for 3 bedrooms, £3,547 for 4 bedrooms and £6,998 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,072. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,447 and £1,688 for 3 bedroom. You should be generally be expecting around average £1,006 rent per month for single bedroom property, £1,480 for 2 bedroom, £1,887 for 3 bedroom, £3,547 for 4 bedroom and approximately £6,998 for a 5 bedroom property in Cedar Close, London, SE21 area.

Popular Houses in Cedar Close, London, SE21

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.

Transportation in Cedar Close, London, SE21

Areas in and around Cedar Close, London, SE21