Grosvenor Road, Dagenham, RM8

Street Guide For Grosvenor Road, Dagenham, RM8

 

Grosvenor Road, Dagenham, RM8 Map

Estimated Price: £266,261
Average Asking Price: £247,760
Price change in last one year: £23,051
Average Price Paid: £213,613
Average Rent Rates: £1,180

 

Property Prices Breakdown in Grosvenor Road, Dagenham, RM8

Values have been changing and have risen £2,350 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,006 in last 6 months, £23,051 in last 1 year, £47,015 in last 2 years, £46,052 in last 3 years, £49,392 in last 4 years and £46,628 in last 5 years.

Currently average asking price of a property in Grosvenor Road, Dagenham, RM8 is around £247,760 based on approximately 3 properties for sale. Same is the case with rental options based on 104 properties up for rent, average asking rent is around £1,180 per month.

Estimated property value in Grosvenor Road, Dagenham, RM8 is £266,261. Average asking price is £247,760 while average price paid is £238,333 which is up by £23,051 and Avg. asking rent £1,180.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 Grosvenor Road, Dagenham, RM8 area. In last 1 year alone average price buyer paid is around £238,333 based on approximately 3 sales in Grosvenor Road, Dagenham, RM8 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £226,166. 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 £213,613 for 22 and average amount paid for purchase of approx. 33 properties sold in last 7 years comes to about £202,499 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 £252,268, £257,368 for a 3 bedroom house, £324,990 for a 4 bedroom house and £435,000 for a 5 bedroom house. For a flat similarly the prices varies from £160,491 for a single bedroom to £198,277 for a 2 bedroom Flat. To sum up the asking prices for properties in Grosvenor Road, Dagenham, RM8 it comes to around average £160,491 for 1 bedroom property, £231,272 for 2 bedroom, £257,368 for 3 bedroom, £324,990 for 4 bedroom and £435,000 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 £606 for 1 bedroom to £1,142 for 2 bedrooms, £1,329 for 3 bedrooms, £1,428 for 4 bedrooms and £1,679 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £819. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,145, £1,337 for 3 bedroom and £1,326 for 4 bedroom. You should be generally be expecting around average £758 rent per month for single bedroom property, £1,143 for 2 bedroom, £1,330 for 3 bedroom, £1,402 for 4 bedroom and approximately £1,679 for a 5 bedroom property in Grosvenor Road, Dagenham, RM8 area.

Popular Houses in Grosvenor Road, Dagenham, RM8

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 Grosvenor Road, Dagenham, RM8