Fern Road, St. Leonards-on-Sea, TN38

Street Guide For Fern Road, St. Leonards-on-Sea, TN38

 

Fern Road, St. Leonards-on-Sea, TN38 Map

Estimated Price: £277,059
Average Asking Price: £213,149
Price change in last one year: £28,803
Average Price Paid: £224,976
Average Rent Rates: £721

 

Property Prices Breakdown in Fern Road, St. Leonards-on-Sea, TN38

Average Price for property in Fern Road, St. Leonards-on-Sea, TN38 is around £277,059 which varies based on type of property you are interested in and ranges from £278,129 for detached house to around £279,507 for semi-detached. Similarly terraced house is around £236,876. Values have been changing and have risen £1,726 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,230 in last 6 months, £28,803 in last 1 year, £37,106 in last 2 years, £42,878 in last 3 years, £38,212 in last 4 years and £38,240 in last 5 years.

Currently average asking price of a property in Fern Road, St. Leonards-on-Sea, TN38 is around £213,149 based on approximately 7 properties for sale. Same is the case with rental options based on 57 properties up for rent, average asking rent is around £721 per month.

Estimated property value in Fern Road, St. Leonards-on-Sea, TN38 is £277,059. Average asking price is £213,149 while average price paid is £222,278 which is up by £28,803 and Avg. asking rent £721.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 Fern Road, St. Leonards-on-Sea, TN38 area. In last 1 year alone average price buyer paid is around £222,278 based on approximately 7 sales in Fern Road, St. Leonards-on-Sea, TN38 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £220,795. 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 £224,976 for 15 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £227,634 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 £106,023, £199,495 for a 3 bedroom house, £278,259 for a 4 bedroom house and £359,975 for a 5 bedroom house. For a flat similarly the prices varies from £89,911 for a single bedroom to £129,304 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £203,206. To sum up the asking prices for properties in Fern Road, St. Leonards-on-Sea, TN38 it comes to around average £89,911 for 1 bedroom property, £123,154 for 2 bedroom, £200,272 for 3 bedroom, £278,259 for 4 bedroom and £359,975 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 £371 for 1 bedroom to £712 for 2 bedroom, £883 for 3 bedroom and £1,054 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £466. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £691 and £761 for 3 bedroom. You should be generally be expecting around average £434 rent per month for single bedroom property, £697 for 2 bedroom, £842 for 3 bedroom and approximately £1,054 for 4 bedroom property in Fern Road, St. Leonards-on-Sea, TN38 area.

Popular Houses in Fern Road, St. Leonards-on-Sea, TN38

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 Fern Road, St. Leonards-on-Sea, TN38