Crofton Road, Westgate-on-Sea, CT8

Street Guide For Crofton Road, Westgate-on-Sea, CT8

 
 

Crofton Road, Westgate-on-Sea, CT8 Map

Estimated Price: £214,353
Average Asking Price: £238,793
Price change in last one year: £14,582
Average Price Paid: £186,387
Average Rent Rates: £511

Redstones
Marlowe Innovation Centre, Marlowe Way, Ramsgate,

Free House valuation

 

Property Prices Breakdown in Crofton Road, Westgate-on-Sea, CT8

Average Price for property in Crofton Road, Westgate-on-Sea, CT8 is around £214,353 which varies based on type of property you are interested in and ranges from £211,130 for detached house to around £230,470 for terraced house. Values have been changing and have risen £34 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,296 in last 6 months, £14,582 in last 1 year, £28,479 in last 2 years, £31,820 in last 3 years, £23,245 in last 4 years and £29,144 in last 5 years.

Currently average asking price of a property in Crofton Road, Westgate-on-Sea, CT8 is around £238,793 based on approximately 1 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £511 per month.

Estimated property value in Crofton Road, Westgate-on-Sea, CT8 is £214,353. Average asking price is £238,793 while average price paid is £275,000 which is up by £14,582 and Avg. asking rent £511.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 Crofton Road, Westgate-on-Sea, CT8 area. In last 1 year alone average price buyer paid is around £275,000 based on approximately 1 sales in Crofton Road, Westgate-on-Sea, CT8 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £185,333. 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 £186,387 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £181,705 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 £116,250, £213,921 for a 2 bedroom house, £208,833 for a 3 bedroom house, £308,839 for a 4 bedroom house and £432,488 for a 5 bedroom house. For a flat similarly the prices varies from £107,783 for a single bedroom to £228,832 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £156,248 and £595,000 for a 4 bedroom flat. To sum up the asking prices for properties in Crofton Road, Westgate-on-Sea, CT8 it comes to around average £108,912 for 1 bedroom property, £225,465 for 2 bedroom, £196,460 for 3 bedroom, £334,854 for 4 bedroom and £432,488 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 is £750 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £420. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £537. You should be generally be expecting around average £420 rent per month for single bedroom property, £538 for 2 bedroom and approximately £750 for 3 bedroom property in Crofton Road, Westgate-on-Sea, CT8 area.

Popular Houses in Crofton Road, Westgate-on-Sea, CT8

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 Crofton Road, Westgate-on-Sea, CT8