CM24

Real Estate Area Guide For CM24

 

CM24 Map

Estimated Price: £359,075
Average Asking Price: £532,933
Price change in last one year: £28,752
Average Price Paid: £307,561
Average Rent Rates: £1,917

 

Property Prices Breakdown in CM24

Average Price for property in CM24 is around £359,075 which varies based on type of property you are interested in and ranges from £505,077 for detached house to around £356,005 for semi-detached. Similarly terraced house is around £262,124 and a flat is worth £205,877. Values have been changing and have risen £377 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £424 in last 6 months, £28,752 in last 1 year, £40,009 in last 2 years, £53,358 in last 3 years, £46,432 in last 4 years and £49,192 in last 5 years.

Currently average asking price of a property in CM24 is around £532,933 based on approximately 154 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £1,917 per month.

Estimated property value in CM24 is £359,075. Average asking price is £532,933 while average price paid is £336,544 which is up by £28,752 and Avg. asking rent £1,917.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 CM24 area. In last 1 year alone average price buyer paid is around £336,544 based on approximately 154 sales in CM24 area alone. If you compare it to last 3 years sales of 534 properties where buyers paid around £319,712. 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 £307,561 for 885 and average amount paid for purchase of approx. 1,173 properties sold in last 7 years comes to about £301,701 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, £361,667 for a 3 bedroom house, £861,111 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 CM24 it comes to around average £242,198 for 2 bedroom property, £351,250 for 3 bedroom, £861,111 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 £451 for 4 bedroom to £1,796 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 £750 rent per month for single bedroom property, £923 for 2 bedroom, £451 for 4 bedroom and approximately £1,796 for 5 bedroom property in CM24 area.

Popular Houses in 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.

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