Cherry Tree Walk, Beckenham, BR3

Street Guide For Cherry Tree Walk, Beckenham, BR3

 
 

Cherry Tree Walk, Beckenham, BR3 Map

Estimated Price: £476,419
Average Asking Price: £590,662
Price change in last one year: £45,343
Average Price Paid: £339,803
Average Rent Rates: £1,360

Northwood (Bromley) Limited
40 East Street, Bromley, BR1 1QU

Free House valuation

 

Property Prices Breakdown in Cherry Tree Walk, Beckenham, BR3

Values have been changing and have risen £2,372 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,424 in last 6 months, £45,343 in last 1 year, £81,210 in last 2 years, £92,988 in last 3 years, £89,909 in last 4 years and £104,811 in last 5 years.

Currently average asking price of a property in Cherry Tree Walk, Beckenham, BR3 is around £590,662 based on approximately 3 properties for sale. Same is the case with rental options based on 100 properties up for rent, average asking rent is around £1,360 per month.

Estimated property value in Cherry Tree Walk, Beckenham, BR3 is £476,419. Average asking price is £590,662 while average price paid is £406,666 which is up by £45,343 and Avg. asking rent £1,360.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 Cherry Tree Walk, Beckenham, BR3 area. In last 1 year alone average price buyer paid is around £406,666 based on approximately 3 sales in Cherry Tree Walk, Beckenham, BR3 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £351,383. 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 £339,803 for 13 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £325,918 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 £197,142, £379,933 for a 2 bedroom house, £503,918 for a 3 bedroom house, £782,748 for a 4 bedroom house and £992,853 for a 5 bedroom house. For a flat similarly the prices varies from £232,019 for a single bedroom to £369,545 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £506,660 and £244,983 for a 4 bedroom flat. To sum up the asking prices for properties in Cherry Tree Walk, Beckenham, BR3 it comes to around average £226,470 for 1 bedroom property, £371,445 for 2 bedroom, £504,345 for 3 bedroom, £756,727 for 4 bedroom and £992,853 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 £1,159 for 1 bedroom to £1,335 for 2 bedrooms, £2,003 for 3 bedrooms, £2,955 for 4 bedrooms and £2,799 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £973. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,231, £1,551 for 3 bedroom and £1,452 for 4 bedroom. You should be generally be expecting around average £995 rent per month for single bedroom property, £1,238 for 2 bedroom, £1,973 for 3 bedroom, £2,741 for 4 bedroom and approximately £2,799 for a 5 bedroom property in Cherry Tree Walk, Beckenham, BR3 area.

Popular Houses in Cherry Tree Walk, Beckenham, BR3

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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