Hood Road, Rainham, RM13

Street Guide For Hood Road, Rainham, RM13

 
 

Hood Road, Rainham, RM13 Map

Estimated Price: £268,439
Average Asking Price: £280,388
Price change in last one year: £24,056
Average Price Paid: £222,049
Average Rent Rates: £2,900

Ram Estate Agent
713 Cranbrook Road, Gants Hill, Ilford, Essex, IG2

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Property Prices Breakdown in Hood Road, Rainham, RM13

Average Price for property in Hood Road, Rainham, RM13 is around £268,439 which varies based on type of property you are interested in and ranges from £322,240 for detached house to around £252,415 for semi-detached. Similarly terraced house is around £248,297 and a flat is worth £149,997. Values have been changing and have risen £2,433 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,682 in last 6 months, £24,056 in last 1 year, £45,067 in last 2 years, £45,920 in last 3 years, £47,456 in last 4 years and £45,357 in last 5 years.

Currently average asking price of a property in Hood Road, Rainham, RM13 is around £280,388 based on approximately 2 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £2,900 per month.

Estimated property value in Hood Road, Rainham, RM13 is £268,439. Average asking price is £280,388 while average price paid is £267,497 which is up by £24,056 and Avg. asking rent £2,900.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 Hood Road, Rainham, RM13 area. In last 1 year alone average price buyer paid is around £267,497 based on approximately 2 sales in Hood Road, Rainham, RM13 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £239,999. 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 £222,049 for 10 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £217,772 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 £40,000, £224,167 for a 2 bedroom house, £277,607 for a 3 bedroom house, £354,167 for a 4 bedroom house and £416,667 for a 5 bedroom house. For a flat similarly the prices varies from £109,849 for a single bedroom to £194,198 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £175,000. To sum up the asking prices for properties in Hood Road, Rainham, RM13 it comes to around average £95,879 for 1 bedroom property, £210,545 for 2 bedroom, £273,735 for 3 bedroom, £354,167 for 4 bedroom and £416,667 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 £1,196 for 3 bedroom to £1,374 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £793. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £965. You should be generally be expecting around average £793 rent per month for single bedroom property, £965 for 2 bedroom, £1,196 for 3 bedroom and approximately £1,374 for 4 bedroom property in Hood Road, Rainham, RM13 area.

Popular Houses in Hood Road, Rainham, RM13

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 Hood Road, Rainham, RM13