Hermes Drive, Burnham-on-Crouch, CM0

Street Guide For Hermes Drive, Burnham-on-Crouch, CM0

 

Hermes Drive, Burnham-on-Crouch, CM0 Map

Estimated Price: £164,103
Average Asking Price: £375,922
Price change in last one year: £12,548
Average Price Paid: £157,000
Average Rent Rates: £1,260

 

Property Prices Breakdown in Hermes Drive, Burnham-on-Crouch, CM0

Values have been changing and have risen £172 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £214 in last 6 months, £12,548 in last 1 year, £16,419 in last 2 years, £22,871 in last 3 years, £19,332 in last 4 years and £20,145 in last 5 years.

Currently average asking price of a property in Hermes Drive, Burnham-on-Crouch, CM0 is around £375,922 based on approximately 0 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £1,260 per month.

Estimated property value in Hermes Drive, Burnham-on-Crouch, CM0 is £164,103. Average asking price is £375,922 while average price paid is £167,000 which is up by £22,871 and Avg. asking rent £1,260.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 Hermes Drive, Burnham-on-Crouch, CM0 area. In last 3 years alone average price buyer paid is around £167,000 based on approximately 1 sales in Hermes Drive, Burnham-on-Crouch, CM0 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £157,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £159,055 for 9 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 £208,332, £186,615 for a 2 bedroom house, £250,487 for a 3 bedroom house, £389,133 for a 4 bedroom house and £639,583 for a 5 bedroom house. For a flat similarly the prices varies from £101,833 for a single bedroom to £134,250 for a 2 bedroom Flat. To sum up the asking prices for properties in Hermes Drive, Burnham-on-Crouch, CM0 it comes to around average £155,082 for 1 bedroom property, £179,633 for 2 bedroom, £250,487 for 3 bedroom, £389,133 for 4 bedroom and £639,583 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 is £1,001 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £776. You should be generally be expecting around average £776 rent per month for 2 bedroom property and approximately £1,001 for 4 bedroom property in Hermes Drive, Burnham-on-Crouch, CM0 area.

Popular Houses in Hermes Drive, Burnham-on-Crouch, CM0

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 Hermes Drive, Burnham-on-Crouch, CM0