Devon Way, Canvey Island, SS8

Street Guide For Devon Way, Canvey Island, SS8

 

Devon Way, Canvey Island, SS8 Map

Estimated Price: £207,962
Average Asking Price: £252,772
Price change in last one year: £19,422
Average Price Paid: £171,700
Average Rent Rates: £1,095

 

Property Prices Breakdown in Devon Way, Canvey Island, SS8

Average Price for property in Devon Way, Canvey Island, SS8 is around £207,962 which varies based on type of property you are interested in and ranges from £256,868 for detached house to around £189,120 for semi-detached. Similarly terraced house is around £179,802. Values have been changing and have risen £2,192 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,361 in last 6 months, £19,422 in last 1 year, £29,787 in last 2 years, £29,742 in last 3 years, £29,748 in last 4 years and £33,681 in last 5 years.

Currently average asking price of a property in Devon Way, Canvey Island, SS8 is around £252,772 based on approximately 2 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £1,095 per month.

Estimated property value in Devon Way, Canvey Island, SS8 is £207,962. Average asking price is £252,772 while average price paid is £163,500 which is up by £19,422 and Avg. asking rent £1,095.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 Devon Way, Canvey Island, SS8 area. In last 1 year alone average price buyer paid is around £163,500 based on approximately 2 sales in Devon Way, Canvey Island, SS8 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £171,700. 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 £171,700 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £168,561 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 £149,349, £207,016 for a 2 bedroom house, £245,641 for a 3 bedroom house, £315,748 for a 4 bedroom house and £339,424 for a 5 bedroom house. For a flat similarly the prices varies from £132,610 for a single bedroom to £211,072 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £155,898 and £160,000 for a 4 bedroom flat. To sum up the asking prices for properties in Devon Way, Canvey Island, SS8 it comes to around average £141,909 for 1 bedroom property, £207,952 for 2 bedroom, £242,122 for 3 bedroom, £311,949 for 4 bedroom and £339,424 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 £614 for 1 bedroom to £818 for 2 bedroom, £933 for 3 bedroom and £1,101 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £624. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £776. You should be generally be expecting around average £616 rent per month for single bedroom property, £818 for 2 bedroom, £894 for 3 bedroom and approximately £1,101 for 4 bedroom property in Devon Way, Canvey Island, SS8 area.

Popular Houses in Devon Way, Canvey Island, SS8

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 Devon Way, Canvey Island, SS8