Grange Road, Grays, RM17

Street Guide For Grange Road, Grays, RM17

 
 

Grange Road, Grays, RM17 Map

Estimated Price: £205,647
Average Asking Price: £222,522
Price change in last one year: £16,612
Average Price Paid: £158,418
Average Rent Rates: £895

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

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Property Prices Breakdown in Grange Road, Grays, RM17

Average Price for property in Grange Road, Grays, RM17 is around £205,647 which varies based on type of property you are interested in and ranges from £218,085 for semi-detached to around £200,761 for terraced house. Values have been changing and have risen £1,521 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,286 in last 6 months, £16,612 in last 1 year, £33,788 in last 2 years, £34,190 in last 3 years, £35,591 in last 4 years and £35,083 in last 5 years.

Currently average asking price of a property in Grange Road, Grays, RM17 is around £222,522 based on approximately 3 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £895 per month.

Estimated property value in Grange Road, Grays, RM17 is £205,647. Average asking price is £222,522 while average price paid is £172,333 which is up by £16,612 and Avg. asking rent £895.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 Grange Road, Grays, RM17 area. In last 1 year alone average price buyer paid is around £172,333 based on approximately 3 sales in Grange Road, Grays, RM17 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £175,000. 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 £158,418 for 11 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £157,016 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 £180,248, £216,996 for a 2 bedroom house, £280,624 for a 3 bedroom house, £366,500 for a 4 bedroom house and £387,500 for a 5 bedroom house. For a flat similarly the prices varies from £110,896 for a single bedroom to £150,587 for a 2 bedroom Flat. To sum up the asking prices for properties in Grange Road, Grays, RM17 it comes to around average £122,455 for 1 bedroom property, £176,129 for 2 bedroom, £280,624 for 3 bedroom, £366,500 for 4 bedroom and £387,500 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 £849 for 2 bedroom to £1,125 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £625. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £813. You should be generally be expecting around average £625 rent per month for single bedroom property, £820 for 2 bedroom and approximately £1,124 for 3 bedroom property in Grange Road, Grays, RM17 area.

Popular Houses in Grange Road, Grays, RM17

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 Grange Road, Grays, RM17