Cresscombe Close, Gillingham, SP8

Street Guide For Cresscombe Close, Gillingham, SP8

 

Cresscombe Close, Gillingham, SP8 Map

Estimated Price: £187,665
Average Asking Price: £272,076
Price change in last one year: £12,154
Average Price Paid: £158,064
Average Rent Rates: £599

 

Property Prices Breakdown in Cresscombe Close, Gillingham, SP8

Average Price for property in Cresscombe Close, Gillingham, SP8 is around £187,665 which varies based on type of property you are interested in and ranges from £276,127 for detached house to around £212,748 for semi-detached. Similarly terraced house is around £187,422 and a flat is worth £108,762. Values have been changing and have risen £1,735 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,638 in last 6 months, £12,154 in last 1 year, £21,531 in last 2 years, £22,590 in last 3 years, £14,640 in last 4 years and £18,616 in last 5 years.

Currently average asking price of a property in Cresscombe Close, Gillingham, SP8 is around £272,076 based on approximately 1 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £599 per month.

Estimated property value in Cresscombe Close, Gillingham, SP8 is £187,665. Average asking price is £272,076 while average price paid is £155,000 which is up by £12,154 and Avg. asking rent £599.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 Cresscombe Close, Gillingham, SP8 area. In last 1 year alone average price buyer paid is around £155,000 based on approximately 1 sales in Cresscombe Close, Gillingham, SP8 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £171,375. 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 £158,064 for 7 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £163,185 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 £159,163, £175,914 for a 2 bedroom house, £251,724 for a 3 bedroom house, £370,077 for a 4 bedroom house and £360,408 for a 5 bedroom house. For a flat similarly the prices varies from £121,648 for a single bedroom to £137,379 for a 2 bedroom Flat. To sum up the asking prices for properties in Cresscombe Close, Gillingham, SP8 it comes to around average £134,959 for 1 bedroom property, £159,055 for 2 bedroom, £251,724 for 3 bedroom, £370,077 for 4 bedroom and £360,408 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 £572 for 1 bedroom to £564 for 2 bedroom, £737 for 3 bedroom and £826 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £484. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £556. You should be generally be expecting around average £509 rent per month for single bedroom property, £561 for 2 bedroom, £737 for 3 bedroom and approximately £826 for 4 bedroom property in Cresscombe Close, Gillingham, SP8 area.

Popular Houses in Cresscombe Close, Gillingham, SP8

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 Cresscombe Close, Gillingham, SP8