Hammonds Lane, Billericay, CM11

Street Guide For Hammonds Lane, Billericay, CM11

 
 

Hammonds Lane, Billericay, CM11 Map

Estimated Price: £204,670
Average Asking Price: £676,744
Price change in last one year: £19,567
Average Price Paid: £173,034
Average Rent Rates: £1,547

Free House valuation

 

Property Prices Breakdown in Hammonds Lane, Billericay, CM11

Average Price for property in Hammonds Lane, Billericay, CM11 is around £204,670 which varies based on type of property you are interested in and ranges from £254,370 for detached house to around £181,274 for semi-detached. Similarly terraced house is around £206,494 and a flat is worth £168,944. Values have been changing and have risen £1,204 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,128 in last 6 months, £19,567 in last 1 year, £24,728 in last 2 years, £30,114 in last 3 years, £24,150 in last 4 years and £30,319 in last 5 years.

Currently average asking price of a property in Hammonds Lane, Billericay, CM11 is around £676,744 based on approximately 4 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £1,547 per month.

Estimated property value in Hammonds Lane, Billericay, CM11 is £204,670. Average asking price is £676,744 while average price paid is £150,012 which is up by £19,567 and Avg. asking rent £1,547.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 Hammonds Lane, Billericay, CM11 area. In last 1 year alone average price buyer paid is around £150,012 based on approximately 4 sales in Hammonds Lane, Billericay, CM11 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £172,507. 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 £173,034 for 13 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £169,663 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 £134,800, £316,666 for a 2 bedroom house, £399,996 for a 3 bedroom house, £625,693 for a 4 bedroom house and £1,057,400 for a 5 bedroom house. For a flat similarly the prices varies from £165,000 for a single bedroom to £272,498 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £299,995. To sum up the asking prices for properties in Hammonds Lane, Billericay, CM11 it comes to around average £139,833 for 1 bedroom property, £308,635 for 2 bedroom, £395,996 for 3 bedroom, £625,693 for 4 bedroom and £1,057,400 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 £1,222 for 2 bedroom to £1,382 for 3 bedroom, £2,201 for 4 bedroom and £2,752 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £1,059. You should be generally be expecting around average £1,124 rent per month for 2 bedroom property, £1,382 for 3 bedroom, £2,201 for 4 bedroom and approximately £2,752 for 5 bedroom property in Hammonds Lane, Billericay, CM11 area.

Popular Houses in Hammonds Lane, Billericay, CM11

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 Hammonds Lane, Billericay, CM11