Hares Bank, New Addington, Croydon, CR0

Street Guide For Hares Bank, New Addington, Croydon, CR0

 
 

Hares Bank, New Addington, Croydon, CR0 Map

Estimated Price: £253,002
Average Asking Price: £351,659
Price change in last one year: £26,867
Average Price Paid: £203,000
Average Rent Rates: £1,326

Martin & Co
145 Brighton Road, south Croydon, CR2 6EF

Free House valuation

 

Property Prices Breakdown in Hares Bank, New Addington, Croydon, CR0

Average Price for property in Hares Bank, New Addington, Croydon, CR0 is around £253,002 which varies based on type of property you are interested in and ranges from £288,623 for semi-detached to around £224,504 for a flat. Values have been changing and have risen £1,928 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,919 in last 6 months, £26,867 in last 1 year, £44,397 in last 2 years, £47,869 in last 3 years, £44,876 in last 4 years and £46,251 in last 5 years.

Currently average asking price of a property in Hares Bank, New Addington, Croydon, CR0 is around £351,659 based on approximately 2 properties for sale. Same is the case with rental options based on 487 properties up for rent, average asking rent is around £1,326 per month.

Estimated property value in Hares Bank, New Addington, Croydon, CR0 is £253,002. Average asking price is £351,659 while average price paid is £219,500 which is up by £26,867 and Avg. asking rent £1,326.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 Hares Bank, New Addington, Croydon, CR0 area. In last 1 year alone average price buyer paid is around £219,500 based on approximately 2 sales in Hares Bank, New Addington, Croydon, CR0 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £203,000. 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 £203,000 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £202,250 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 £219,970, £294,111 for a 2 bedroom house, £344,342 for a 3 bedroom house, £541,373 for a 4 bedroom house and £646,872 for a 5 bedroom house. For a flat similarly the prices varies from £243,700 for a single bedroom to £296,879 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £353,715 and £385,000 for a 4 bedroom flat. To sum up the asking prices for properties in Hares Bank, New Addington, Croydon, CR0 it comes to around average £242,871 for 1 bedroom property, £296,246 for 2 bedroom, £345,561 for 3 bedroom, £538,116 for 4 bedroom and £646,872 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 £568 for 1 bedroom to £1,215 for 2 bedrooms, £1,354 for 3 bedrooms, £1,650 for 4 bedrooms and £1,842 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £848. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,229, £1,351 for 3 bedroom and £1,158 for 4 bedroom. You should be generally be expecting around average £755 rent per month for single bedroom property, £1,226 for 2 bedroom, £1,354 for 3 bedroom, £1,527 for 4 bedroom and approximately £1,842 for a 5 bedroom property in Hares Bank, New Addington, Croydon, CR0 area.

Popular Houses in Hares Bank, New Addington, Croydon, CR0

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.

Transportation in Hares Bank, New Addington, Croydon, CR0

Areas in and around Hares Bank, New Addington, Croydon, CR0