Elmstead Lane, Chislehurst, BR7

Street Guide For Elmstead Lane, Chislehurst, BR7

 
 

Elmstead Lane, Chislehurst, BR7 Map

Estimated Price: £607,500
Average Asking Price: £819,209
Price change in last one year: £54,066
Average Price Paid: £393,369
Average Rent Rates: £1,265

Letzone Property Limited
4 Holmbury Park, Bromley, Kent BR1 2QS, United Kin

Free House valuation

 

Property Prices Breakdown in Elmstead Lane, Chislehurst, BR7

Average Price for property in Elmstead Lane, Chislehurst, BR7 is around £607,500 which varies based on type of property you are interested in and ranges from £869,448 for detached house to around £456,320 for semi-detached. Similarly terraced house is around £331,268 and a flat is worth £367,123. Values have been changing and have risen £4,459 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,590 in last 6 months, £54,066 in last 1 year, £103,605 in last 2 years, £112,088 in last 3 years, £111,446 in last 4 years and £126,508 in last 5 years.

Currently average asking price of a property in Elmstead Lane, Chislehurst, BR7 is around £819,209 based on approximately 3 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £1,265 per month.

Estimated property value in Elmstead Lane, Chislehurst, BR7 is £607,500. Average asking price is £819,209 while average price paid is £303,250 which is up by £54,066 and Avg. asking rent £1,265.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 Elmstead Lane, Chislehurst, BR7 area. In last 1 year alone average price buyer paid is around £303,250 based on approximately 3 sales in Elmstead Lane, Chislehurst, BR7 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £407,053. 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 £393,369 for 23 and average amount paid for purchase of approx. 34 properties sold in last 7 years comes to about £347,033 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 2 bedroom is around £453,738, £544,466 for a 3 bedroom house, £809,389 for a 4 bedroom house and £1,312,333 for a 5 bedroom house. For a flat similarly the prices varies from £180,000 for a single bedroom to £365,703 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £639,999. To sum up the asking prices for properties in Elmstead Lane, Chislehurst, BR7 it comes to around average £180,000 for 1 bedroom property, £381,013 for 2 bedroom, £564,368 for 3 bedroom, £809,389 for 4 bedroom and £1,312,333 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 £1,300 for 2 bedroom to £1,648 for 3 bedroom, £2,002 for 4 bedroom and £2,752 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £917. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,248 and £1,430 for 3 bedroom. You should be generally be expecting around average £916 rent per month for single bedroom property, £1,253 for 2 bedroom, £1,554 for 3 bedroom, £2,002 for 4 bedroom and approximately £2,752 for a 5 bedroom property in Elmstead Lane, Chislehurst, BR7 area.

Popular Houses in Elmstead Lane, Chislehurst, BR7

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 Elmstead Lane, Chislehurst, BR7