Gabion Avenue, Purfleet, RM19

Street Guide For Gabion Avenue, Purfleet, RM19

 
 

Gabion Avenue, Purfleet, RM19 Map

Estimated Price: £197,258
Average Asking Price: £154,216
Price change in last one year: £18,315
Average Price Paid: £166,833
Average Rent Rates: £1,008

Ram Estate Agent
713 Cranbrook Road, Gants Hill, Ilford, Essex, IG2

Free House valuation

 

Property Prices Breakdown in Gabion Avenue, Purfleet, RM19

Values have been changing and have risen £2,052 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,459 in last 6 months, £18,315 in last 1 year, £35,009 in last 2 years, £33,970 in last 3 years, £35,791 in last 4 years and £35,365 in last 5 years.

Currently average asking price of a property in Gabion Avenue, Purfleet, RM19 is around £154,216 based on approximately 1 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £1,008 per month.

Estimated property value in Gabion Avenue, Purfleet, RM19 is £197,258. Average asking price is £154,216 while average price paid is £191,000 which is up by £18,315 and Avg. asking rent £1,008.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 Gabion Avenue, Purfleet, RM19 area. In last 1 year alone average price buyer paid is around £191,000 based on approximately 1 sales in Gabion Avenue, Purfleet, RM19 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £169,666. 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 £166,833 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £170,125 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 3 bedroom is around £234,998 and £304,998 for a 4 bedroom house. For a flat similarly the prices varies from £108,363 for a single bedroom to £168,998 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £170,000. To sum up the asking prices for properties in Gabion Avenue, Purfleet, RM19 it comes to around average £108,363 for 1 bedroom property, £168,998 for 2 bedroom, £202,499 for 3 bedroom and £304,998 for 4 bedroom.

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 £689 for 1 bedroom to £890 for 2 bedroom and £1,089 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £649. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £858 and £2,002 for 3 bedroom. You should be generally be expecting around average £659 rent per month for single bedroom property, £870 for 2 bedroom and approximately £1,271 for 3 bedroom property in Gabion Avenue, Purfleet, RM19 area.

Popular Houses in Gabion Avenue, Purfleet, RM19

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 Gabion Avenue, Purfleet, RM19