Erica Way, Horsham, RH12

Street Guide For Erica Way, Horsham, RH12

 

Erica Way, Horsham, RH12 Map

Estimated Price: £341,007
Average Asking Price: £485,723
Price change in last one year: £25,620
Average Price Paid: £283,583
Average Rent Rates: £1,561

 

Property Prices Breakdown in Erica Way, Horsham, RH12

Average Price for property in Erica Way, Horsham, RH12 is around £341,007 which varies based on type of property you are interested in and ranges from £398,611 for detached house to around £327,995 for semi-detached. Similarly terraced house is around £365,263. Values have been changing and have risen £1,790 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,186 in last 6 months, £25,620 in last 1 year, £43,862 in last 2 years, £56,149 in last 3 years, £50,593 in last 4 years and £51,780 in last 5 years.

Currently average asking price of a property in Erica Way, Horsham, RH12 is around £485,723 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 £1,561 per month.

Estimated property value in Erica Way, Horsham, RH12 is £341,007. Average asking price is £485,723 while average price paid is £278,250 which is up by £25,620 and Avg. asking rent £1,561.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 Erica Way, Horsham, RH12 area. In last 1 year alone average price buyer paid is around £278,250 based on approximately 2 sales in Erica Way, Horsham, RH12 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £300,375. 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 £283,583 for 6 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £257,870 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 £149,950, £285,700 for a 2 bedroom house, £390,133 for a 3 bedroom house, £571,632 for a 4 bedroom house and £827,328 for a 5 bedroom house. For a flat similarly the prices varies from £141,679 for a single bedroom to £205,966 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £264,212. To sum up the asking prices for properties in Erica Way, Horsham, RH12 it comes to around average £142,315 for 1 bedroom property, £244,300 for 2 bedroom, £384,941 for 3 bedroom, £571,632 for 4 bedroom and £827,328 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 £1,083 for 2 bedroom to £1,258 for 3 bedroom, £2,245 for 4 bedroom and £2,018 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £721. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £952 and £949 for 3 bedroom. You should be generally be expecting around average £721 rent per month for single bedroom property, £976 for 2 bedroom, £1,221 for 3 bedroom, £2,245 for 4 bedroom and approximately £2,018 for a 5 bedroom property in Erica Way, Horsham, RH12 area.

Popular Houses in Erica Way, Horsham, RH12

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 Erica Way, Horsham, RH12