Downbank Avenue, Bexleyheath, DA7

Street Guide For Downbank Avenue, Bexleyheath, DA7

 
 

Downbank Avenue, Bexleyheath, DA7 Map

Estimated Price: £234,164
Average Asking Price: £324,605
Price change in last one year: £23,694
Average Price Paid: £200,274
Average Rent Rates: £1,043

Jennings and Kent (Erith)
255 Bexley Road, Northumberland Heath, Erith, Kent

Free House valuation

 

Property Prices Breakdown in Downbank Avenue, Bexleyheath, DA7

Average Price for property in Downbank Avenue, Bexleyheath, DA7 is around £234,164 which varies based on type of property you are interested in and ranges from £319,993 for detached house to around £317,509 for semi-detached. Similarly terraced house is around £284,633 and a flat is worth £172,229. Values have been changing and have risen £2,178 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,563 in last 6 months, £23,694 in last 1 year, £35,469 in last 2 years, £40,171 in last 3 years, £38,928 in last 4 years and £42,727 in last 5 years.

Currently average asking price of a property in Downbank Avenue, Bexleyheath, DA7 is around £324,605 based on approximately 7 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £1,043 per month.

Estimated property value in Downbank Avenue, Bexleyheath, DA7 is £234,164. Average asking price is £324,605 while average price paid is £159,000 which is up by £23,694 and Avg. asking rent £1,043.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 Downbank Avenue, Bexleyheath, DA7 area. In last 1 year alone average price buyer paid is around £159,000 based on approximately 7 sales in Downbank Avenue, Bexleyheath, DA7 area alone. If you compare it to last 3 years sales of 22 properties where buyers paid around £197,363. 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 £200,274 for 31 and average amount paid for purchase of approx. 40 properties sold in last 7 years comes to about £190,437 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 £200,000, £266,250 for a 2 bedroom house, £335,250 for a 3 bedroom house, £398,750 for a 4 bedroom house and £562,475 for a 5 bedroom house. For a flat similarly the prices varies from £89,998 for a single bedroom to £189,989 for a 2 bedroom Flat. To sum up the asking prices for properties in Downbank Avenue, Bexleyheath, DA7 it comes to around average £126,665 for 1 bedroom property, £236,919 for 2 bedroom, £335,250 for 3 bedroom, £398,750 for 4 bedroom and £562,475 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 £477 for 1 bedroom to £823 for 2 bedroom, £1,257 for 3 bedroom and £1,499 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £901. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £965. You should be generally be expecting around average £760 rent per month for single bedroom property, £941 for 2 bedroom, £1,257 for 3 bedroom and approximately £1,500 for 4 bedroom property in Downbank Avenue, Bexleyheath, DA7 area.

Popular Houses in Downbank Avenue, Bexleyheath, DA7

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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