Cobay Close, Hythe, CT21

Street Guide For Cobay Close, Hythe, CT21

 

Cobay Close, Hythe, CT21 Map

Estimated Price: £403,720
Average Asking Price: £340,691
Price change in last one year: £28,879
Average Price Paid: £259,150
Average Rent Rates: £1,055

 

Property Prices Breakdown in Cobay Close, Hythe, CT21

Average Price for property in Cobay Close, Hythe, CT21 is around £403,720 which varies based on type of property you are interested in and ranges from £548,235 for detached house to around £414,396 for semi-detached. Similarly terraced house is around £379,160 and a flat is worth £268,832. Values have been changing and have risen £458 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,082 in last 6 months, £28,879 in last 1 year, £49,080 in last 2 years, £54,817 in last 3 years, £40,872 in last 4 years and £49,506 in last 5 years.

Currently average asking price of a property in Cobay Close, Hythe, CT21 is around £340,691 based on approximately 0 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £1,055 per month.

Estimated property value in Cobay Close, Hythe, CT21 is £403,720. Average asking price is £340,691 while average price paid is £219,500 which is up by £54,817 and Avg. asking rent £1,055.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 Cobay Close, Hythe, CT21 area. In last 3 years alone average price buyer paid is around £219,500 based on approximately 1 sales in Cobay Close, Hythe, CT21 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £259,150. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £261,862 for 4 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 £86,383, £202,071 for a 2 bedroom house, £320,245 for a 3 bedroom house, £506,576 for a 4 bedroom house and £501,804 for a 5 bedroom house. For a flat similarly the prices varies from £138,325 for a single bedroom to £269,734 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £591,143. To sum up the asking prices for properties in Cobay Close, Hythe, CT21 it comes to around average £107,160 for 1 bedroom property, £246,754 for 2 bedroom, £371,496 for 3 bedroom, £506,576 for 4 bedroom and £501,804 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 £787 for 2 bedroom to £1,300 for 3 bedroom and £1,208 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £565. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £692 and £693 for 3 bedroom. You should be generally be expecting around average £565 rent per month for single bedroom property, £730 for 2 bedroom, £1,098 for 3 bedroom and approximately £1,208 for 4 bedroom property in Cobay Close, Hythe, CT21 area.

Popular Houses in Cobay Close, Hythe, CT21

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 Cobay Close, Hythe, CT21