Cumberland Avenue, Broadstairs, CT10

Street Guide For Cumberland Avenue, Broadstairs, CT10

 

Cumberland Avenue, Broadstairs, CT10 Map

Estimated Price: £279,452
Average Asking Price: £348,291
Price change in last one year: £18,654
Average Price Paid: £230,995
Average Rent Rates: £878

 

Property Prices Breakdown in Cumberland Avenue, Broadstairs, CT10

Average Price for property in Cumberland Avenue, Broadstairs, CT10 is around £279,452 which varies based on type of property you are interested in and ranges from £290,715 for detached house to around £259,665 for semi-detached. Similarly terraced house is around £223,769. Values have been changing and have risen £155 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £338 in last 6 months, £18,654 in last 1 year, £37,341 in last 2 years, £40,104 in last 3 years, £31,871 in last 4 years and £37,363 in last 5 years.

Currently average asking price of a property in Cumberland Avenue, Broadstairs, CT10 is around £348,291 based on approximately 4 properties for sale. Same is the case with rental options based on 56 properties up for rent, average asking rent is around £878 per month.

Estimated property value in Cumberland Avenue, Broadstairs, CT10 is £279,452. Average asking price is £348,291 while average price paid is £278,748 which is up by £18,654 and Avg. asking rent £878.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 Cumberland Avenue, Broadstairs, CT10 area. In last 1 year alone average price buyer paid is around £278,748 based on approximately 4 sales in Cumberland Avenue, Broadstairs, CT10 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £248,749. 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 £230,995 for 12 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £238,684 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 £92,632, £206,766 for a 2 bedroom house, £299,501 for a 3 bedroom house, £421,291 for a 4 bedroom house and £627,285 for a 5 bedroom house. For a flat similarly the prices varies from £126,307 for a single bedroom to £204,194 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £218,564. To sum up the asking prices for properties in Cumberland Avenue, Broadstairs, CT10 it comes to around average £119,992 for 1 bedroom property, £205,245 for 2 bedroom, £292,835 for 3 bedroom, £421,291 for 4 bedroom and £627,285 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 £420 for 1 bedroom to £702 for 2 bedrooms, £821 for 3 bedrooms, £1,699 for 4 bedrooms and £1,608 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £501. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £927 and £1,564 for 3 bedroom. You should be generally be expecting around average £488 rent per month for single bedroom property, £866 for 2 bedroom, £1,100 for 3 bedroom, £1,699 for 4 bedroom and approximately £1,608 for a 5 bedroom property in Cumberland Avenue, Broadstairs, CT10 area.

Popular Houses in Cumberland Avenue, Broadstairs, CT10

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 Cumberland Avenue, Broadstairs, CT10