Downhall Road, Rayleigh, SS6

Street Guide For Downhall Road, Rayleigh, SS6

 

Downhall Road, Rayleigh, SS6 Map

Estimated Price: £313,411
Average Asking Price: £337,922
Price change in last one year: £26,686
Average Price Paid: £248,787
Average Rent Rates: £1,162

 

Property Prices Breakdown in Downhall Road, Rayleigh, SS6

Average Price for property in Downhall Road, Rayleigh, SS6 is around £313,411 which varies based on type of property you are interested in and ranges from £397,084 for detached house to around £288,348 for semi-detached. Similarly terraced house is around £255,001 and a flat is worth £151,584. Values have been changing and have risen £3,549 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,567 in last 6 months, £26,686 in last 1 year, £39,944 in last 2 years, £40,119 in last 3 years, £40,732 in last 4 years and £48,133 in last 5 years.

Currently average asking price of a property in Downhall Road, Rayleigh, SS6 is around £337,922 based on approximately 8 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £1,162 per month.

Estimated property value in Downhall Road, Rayleigh, SS6 is £313,411. Average asking price is £337,922 while average price paid is £284,062 which is up by £26,686 and Avg. asking rent £1,162.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 Downhall Road, Rayleigh, SS6 area. In last 1 year alone average price buyer paid is around £284,062 based on approximately 8 sales in Downhall Road, Rayleigh, SS6 area alone. If you compare it to last 3 years sales of 25 properties where buyers paid around £247,967. 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 £248,787 for 32 and average amount paid for purchase of approx. 39 properties sold in last 7 years comes to about £243,202 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 £159,995, £267,999 for a 2 bedroom house, £307,838 for a 3 bedroom house, £401,524 for a 4 bedroom house and £577,500 for a 5 bedroom house. For a flat similarly the prices varies from £149,496 for a single bedroom to £147,500 for a 2 bedroom Flat. To sum up the asking prices for properties in Downhall Road, Rayleigh, SS6 it comes to around average £151,596 for 1 bedroom property, £247,916 for 2 bedroom, £307,838 for 3 bedroom, £401,524 for 4 bedroom and £577,500 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 £573 for 1 bedroom to £667 for 2 bedroom and £1,114 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £816. You should be generally be expecting around average £573 rent per month for single bedroom property, £742 for 2 bedroom and approximately £1,114 for 3 bedroom property in Downhall Road, Rayleigh, SS6 area.

Popular Houses in Downhall Road, Rayleigh, SS6

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 Downhall Road, Rayleigh, SS6