Epsom

Area Guide For Epsom

Epsom is a market and business sector town in the ward of Epsom and Ewell in Surrey, England. Little parts of Epsom are in the Borough of Reigate and Banstead and Mole Valley District. The town is 13.6 miles south-west of Charing Cross, inside the adjoining urban region of London mapped by the Office for National Statistics. The town straddles chalk downland (beat by the Epsom Downs piece of the North Downs) and the upper Thanet Beds. The eponymous racecourse at its edge holds The Derby toward the begin of summer which has turned into the nonexclusive name for a real yearly rivalry crosswise over numerous games in English-talking nations. The town additionally provides for it name to Epsom Salts which were recognized from mineral waters there.

Epsom has the wellspring of the Hogsmill stream or waterway and incorporates two semi-provincial areas: Horton and Langley Vale.

 
 

Epsom Map

Estimated Price: £487,373
Average Asking Price: £542,750
Price change in last one year: £45,313
Average Price Paid: £367,506
Average Rent Rates: £1,490

 
 

Property Prices Breakdown in Epsom

Average Price for property in Epsom is around £487,373 which varies based on type of property you are interested in and ranges from £742,882 for detached house to around £465,263 for semi-detached. Similarly terraced house is around £378,357 and a flat is worth £279,931. Values have been changing and have risen £1,701 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,907 in last 6 months, £45,313 in last 1 year, £70,774 in last 2 years, £90,774 in last 3 years, £79,370 in last 4 years and £88,639 in last 5 years.

Currently average asking price of a property in Epsom is around £542,750 based on approximately 1,282 properties for sale. Same is the case with rental options based on 193 properties up for rent, average asking rent is around £1,490 per month.

Estimated property value in Epsom is £487,373. Average asking price is £542,750 while average price paid is £413,485 which is up by £45,313 and Avg. asking rent £1,490.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 Epsom area. In last 1 year alone average price buyer paid is around £413,485 based on approximately 1,282 sales in Epsom area alone. If you compare it to last 3 years sales of 3,942 properties where buyers paid around £377,290. 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 £367,506 for 6,185 and average amount paid for purchase of approx. 8,022 properties sold in last 7 years comes to about £354,695 per sale.

 
 

Properties For Sale in Epsom

 
 

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 £241,655, £473,554 for a 2 bedroom house, £488,594 for a 3 bedroom house, £661,929 for a 4 bedroom house and £947,084 for a 5 bedroom house. For a flat similarly the prices varies from £215,339 for a single bedroom to £294,075 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £372,000 and £445,000 for a 4 bedroom flat. To sum up the asking prices for properties in Epsom it comes to around average £221,260 for 1 bedroom property, £361,986 for 2 bedroom, £483,524 for 3 bedroom, £659,407 for 4 bedroom and £947,084 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 £792 for 1 bedroom to £1,276 for 2 bedrooms, £1,623 for 3 bedrooms, £2,211 for 4 bedrooms and £2,800 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,317. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,270 and £1,599 for 3 bedroom. You should be generally be expecting around average £1,207 rent per month for single bedroom property, £1,270 for 2 bedroom, £1,620 for 3 bedroom, £2,211 for 4 bedroom and approximately £2,800 for a 5 bedroom property in Epsom area.

Popular Houses in Epsom

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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