CM22

Real Estate Area Guide For CM22

 

CM22 Map

Estimated Price: £479,692
Average Asking Price: £711,907
Price change in last one year: £37,521
Average Price Paid: £369,121
Average Rent Rates: £1,166

 

Property Prices Breakdown in CM22

Average Price for property in CM22 is around £479,692 which varies based on type of property you are interested in and ranges from £596,868 for detached house to around £351,884 for semi-detached. Similarly terraced house is around £281,613 and a flat is worth £224,263. Values have been changing and have risen £1,440 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,778 in last 6 months, £37,521 in last 1 year, £56,318 in last 2 years, £69,939 in last 3 years, £61,296 in last 4 years and £68,043 in last 5 years.

Currently average asking price of a property in CM22 is around £711,907 based on approximately 184 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £1,166 per month.

Estimated property value in CM22 is £479,692. Average asking price is £711,907 while average price paid is £393,093 which is up by £37,521 and Avg. asking rent £1,166.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 CM22 area. In last 1 year alone average price buyer paid is around £393,093 based on approximately 184 sales in CM22 area alone. If you compare it to last 3 years sales of 530 properties where buyers paid around £372,222. 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 £369,121 for 834 and average amount paid for purchase of approx. 1,114 properties sold in last 7 years comes to about £363,153 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 £170,000, £175,000 for a 2 bedroom house, £390,995 for a 3 bedroom house, £621,238 for a 4 bedroom house and £821,323 for a 5 bedroom house. For a flat the prices of 2 bedroom is £173,333. To sum up the asking prices for properties in CM22 it comes to around average £170,000 for 1 bedroom property, £174,167 for 2 bedroom, £390,995 for 3 bedroom, £621,238 for 4 bedroom and £821,323 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 £880 for 2 bedroom to £687 for 3 bedroom and £1,811 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £849. You should be generally be expecting around average £864 rent per month for 2 bedroom property, £687 for 3 bedroom and approximately £1,812 for 5 bedroom property in CM22 area.

Popular Houses in CM22

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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