Eastwood Lane South, Westcliff-on-Sea, SS0

Street Guide For Eastwood Lane South, Westcliff-on-Sea, SS0

 

Eastwood Lane South, Westcliff-on-Sea, SS0 Map

Estimated Price: £270,208
Average Asking Price: £303,216
Price change in last one year: £25,205
Average Price Paid: £233,872
Average Rent Rates: £825

 

Property Prices Breakdown in Eastwood Lane South, Westcliff-on-Sea, SS0

Average Price for property in Eastwood Lane South, Westcliff-on-Sea, SS0 is around £270,208 which varies based on type of property you are interested in and ranges from £307,766 for detached house to around £314,534 for semi-detached. Similarly terraced house is around £241,677 and a flat is worth £138,394. Values have been changing and have risen £3,171 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,605 in last 6 months, £25,205 in last 1 year, £40,026 in last 2 years, £39,351 in last 3 years, £38,765 in last 4 years and £44,129 in last 5 years.

Currently average asking price of a property in Eastwood Lane South, Westcliff-on-Sea, SS0 is around £303,216 based on approximately 2 properties for sale. Same is the case with rental options based on 93 properties up for rent, average asking rent is around £825 per month.

Estimated property value in Eastwood Lane South, Westcliff-on-Sea, SS0 is £270,208. Average asking price is £303,216 while average price paid is £283,112 which is up by £25,205 and Avg. asking rent £825.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 Eastwood Lane South, Westcliff-on-Sea, SS0 area. In last 1 year alone average price buyer paid is around £283,112 based on approximately 2 sales in Eastwood Lane South, Westcliff-on-Sea, SS0 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £214,715. 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 £233,872 for 12 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £236,117 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 £102,500, £236,883 for a 2 bedroom house, £284,812 for a 3 bedroom house, £484,203 for a 4 bedroom house and £718,755 for a 5 bedroom house. For a flat similarly the prices varies from £121,380 for a single bedroom to £213,763 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £290,713 and £397,500 for a 4 bedroom flat. To sum up the asking prices for properties in Eastwood Lane South, Westcliff-on-Sea, SS0 it comes to around average £119,582 for 1 bedroom property, £218,119 for 2 bedroom, £286,144 for 3 bedroom, £475,946 for 4 bedroom and £718,755 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 £544 for 1 bedroom to £910 for 2 bedroom, £953 for 3 bedroom and £377 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £570. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £960, £849 for 3 bedroom and £1,101 for 4 bedroom. You should be generally be expecting around average £563 rent per month for single bedroom property, £953 for 2 bedroom, £927 for 3 bedroom and approximately £739 for 4 bedroom property in Eastwood Lane South, Westcliff-on-Sea, SS0 area.

Popular Houses in Eastwood Lane South, Westcliff-on-Sea, SS0

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 Eastwood Lane South, Westcliff-on-Sea, SS0