Hermitage Road, Kenley, CR8

Street Guide For Hermitage Road, Kenley, CR8

 
 

Hermitage Road, Kenley, CR8 Map

Estimated Price: £644,007
Average Asking Price: £721,117
Price change in last one year: £64,161
Average Price Paid: £462,000
Average Rent Rates: £1,426

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

Free House valuation

 

Property Prices Breakdown in Hermitage Road, Kenley, CR8

Average Price for property in Hermitage Road, Kenley, CR8 is around £644,007 which varies based on type of property you are interested in and ranges from £716,267 for detached house to around £572,621 for semi-detached. Similarly flat is around £354,381. Values have been changing and have risen £5,189 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,718 in last 6 months, £64,161 in last 1 year, £114,423 in last 2 years, £124,718 in last 3 years, £121,202 in last 4 years and £125,929 in last 5 years.

Currently average asking price of a property in Hermitage Road, Kenley, CR8 is around £721,117 based on approximately 3 properties for sale. Same is the case with rental options based on 89 properties up for rent, average asking rent is around £1,426 per month.

Estimated property value in Hermitage Road, Kenley, CR8 is £644,007. Average asking price is £721,117 while average price paid is £520,000 which is up by £64,161 and Avg. asking rent £1,426.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 Hermitage Road, Kenley, CR8 area. In last 1 year alone average price buyer paid is around £520,000 based on approximately 3 sales in Hermitage Road, Kenley, CR8 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £436,571. 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 £462,000 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £476,600 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 £107,500, £262,500 for a 2 bedroom house, £470,171 for a 3 bedroom house, £739,079 for a 4 bedroom house and £1,051,536 for a 5 bedroom house. For a flat similarly the prices varies from £161,314 for a single bedroom to £265,996 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £422,492 and £650,000 for a 4 bedroom flat. To sum up the asking prices for properties in Hermitage Road, Kenley, CR8 it comes to around average £153,035 for 1 bedroom property, £265,737 for 2 bedroom, £461,757 for 3 bedroom, £736,534 for 4 bedroom and £1,051,536 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 £531 for 1 bedroom to £1,248 for 2 bedrooms, £1,452 for 3 bedrooms, £1,890 for 4 bedrooms and £2,220 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £844. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,174 and £1,837 for 3 bedroom. You should be generally be expecting around average £749 rent per month for single bedroom property, £1,177 for 2 bedroom, £1,562 for 3 bedroom, £1,890 for 4 bedroom and approximately £2,220 for a 5 bedroom property in Hermitage Road, Kenley, CR8 area.

Popular Houses in Hermitage Road, Kenley, CR8

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.

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