East Molesey

Area Guide For East Molesey

Molesey  is a suburban region involving two vast towns, East Molesey and West Molesey, on the edge of southwest London. Molesey is placed on the southern bank of the River Thames in the northeast of the ward of Elmbridge in Surrey, England, with the post town of East Molesey developing north over the Thames into the London Borough of Richmond upon Thames. Molesey lies somewhere around 11.7 and 13.5 miles from Charing Cross and structures a piece of the capital's coterminous suburbs inside the Greater London Urban Area. It has the London dialing code (020), and was from 1839 until 2000 under the ward of the Metropolitan Police. East and West Molesey offer a high road, and there is a second retail and restaurant-lined road (Bridge Road) near to Hampton Court Palace in the eastern piece of the area, which is likewise home to Hampton Court track station in Transport for London's Zone 6. Molesey Hurst or Hurst Park is an extensive stop by the River Thames in the north of the territory, and is home to Molesey Cricket Club. The Hampton Ferry (London) runs from here to Hampton on the Middlesex bank, from where it is a short stroll to the focal region of Hampton.

 
 

East Molesey Map

Estimated Price: £800,831
Average Asking Price: £878,762
Price change in last one year: £15,877
Average Price Paid: £668,864
Average Rent Rates: £2,552

 
 

Property Prices Breakdown in East Molesey

Average Price for property in East Molesey is around £800,831 which varies based on type of property you are interested in and ranges from £948,427 for detached house to around £527,827 for semi-detached. Similarly terraced house is around £416,317 and a flat is worth £333,137. Values have been changing and have risen £3,164 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,438 in last 6 months, £15,877 in last 1 year, £87,661 in last 2 years, £126,317 in last 3 years, £124,483 in last 4 years and £138,753 in last 5 years.

Currently average asking price of a property in East Molesey is around £878,762 based on approximately 135 properties for sale. Same is the case with rental options based on 48 properties up for rent, average asking rent is around £2,552 per month.

Estimated property value in East Molesey is £800,831. Average asking price is £878,762 while average price paid is £853,339 which is up by £15,877 and Avg. asking rent £2,552.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 East Molesey area. In last 1 year alone average price buyer paid is around £853,339 based on approximately 135 sales in East Molesey area alone. If you compare it to last 3 years sales of 432 properties where buyers paid around £731,022. 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 £668,864 for 660 and average amount paid for purchase of approx. 881 properties sold in last 7 years comes to about £628,707 per sale.

 
 

Properties For Sale in East Molesey

 
 

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 £725,000, £490,700 for a 2 bedroom house, £782,756 for a 3 bedroom house, £995,707 for a 4 bedroom house and £1,095,000 for a 5 bedroom house. For a flat similarly the prices varies from £185,800 for a single bedroom to £406,523 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £359,950. To sum up the asking prices for properties in East Molesey it comes to around average £320,600 for 1 bedroom property, £435,985 for 2 bedroom, £740,475 for 3 bedroom, £995,707 for 4 bedroom and £1,095,000 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 £1,551 for 2 bedroom to £6,500 for 3 bedroom and £2,700 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £3,344. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,717 and £1,394 for 3 bedroom. You should be generally be expecting around average £3,344 rent per month for single bedroom property, £1,701 for 2 bedroom, £2,415 for 3 bedroom and approximately £2,700 for 4 bedroom property in East Molesey area.

Popular Houses in East Molesey

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.

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