Covenbrook, Brentwood, CM13

Street Guide For Covenbrook, Brentwood, CM13

 

Covenbrook, Brentwood, CM13 Map

Estimated Price: £321,729
Average Asking Price: £590,916
Price change in last one year: £23,987
Average Price Paid: £247,077
Average Rent Rates: £2,417

 

Property Prices Breakdown in Covenbrook, Brentwood, CM13

Average Price for property in Covenbrook, Brentwood, CM13 is around £321,729 which varies based on type of property you are interested in and ranges from £460,072 for detached house to around £324,251 for semi-detached. Similarly terraced house is around £270,010. Values have been changing and have risen £70 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £792 in last 6 months, £23,987 in last 1 year, £33,181 in last 2 years, £36,591 in last 3 years, £37,231 in last 4 years and £40,164 in last 5 years.

Currently average asking price of a property in Covenbrook, Brentwood, CM13 is around £590,916 based on approximately 2 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £2,417 per month.

Estimated property value in Covenbrook, Brentwood, CM13 is £321,729. Average asking price is £590,916 while average price paid is £290,000 which is up by £23,987 and Avg. asking rent £2,417.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 Covenbrook, Brentwood, CM13 area. In last 1 year alone average price buyer paid is around £290,000 based on approximately 2 sales in Covenbrook, Brentwood, CM13 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £272,000. 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 £247,077 for 9 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £242,349 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 £162,000, £257,227 for a 2 bedroom house, £477,206 for a 3 bedroom house, £588,527 for a 4 bedroom house and £1,189,687 for a 5 bedroom house. For a flat similarly the prices varies from £180,000 for a single bedroom to £335,000 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £490,000. To sum up the asking prices for properties in Covenbrook, Brentwood, CM13 it comes to around average £174,000 for 1 bedroom property, £292,225 for 2 bedroom, £478,032 for 3 bedroom, £588,527 for 4 bedroom and £1,189,687 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 £897 for 1 bedroom to £1,025 for 2 bedrooms, £1,575 for 3 bedrooms, £1,776 for 4 bedrooms and £2,916 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £722. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,055 and £1,200 for 3 bedroom. You should be generally be expecting around average £766 rent per month for single bedroom property, £1,049 for 2 bedroom, £1,450 for 3 bedroom, £1,776 for 4 bedroom and approximately £2,916 for a 5 bedroom property in Covenbrook, Brentwood, CM13 area.

Popular Houses in Covenbrook, Brentwood, CM13

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 Covenbrook, Brentwood, CM13