Hornbeam Close, Barking, IG11

Street Guide For Hornbeam Close, Barking, IG11

 

Hornbeam Close, Barking, IG11 Map

Estimated Price: £273,395
Average Asking Price: £249,169
Price change in last one year: £22,780
Average Price Paid: £275,000
Average Rent Rates: £1,784

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213 Cranbrook Road, Ilford,

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Property Prices Breakdown in Hornbeam Close, Barking, IG11

Average Price for property in Hornbeam Close, Barking, IG11 is around £273,395 which varies based on type of property you are interested in and ranges from £227,781 for semi-detached to around £279,912 for terraced house. Values have been changing and have risen £581 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,762 in last 6 months, £22,780 in last 1 year, £38,354 in last 2 years, £45,061 in last 3 years, £48,418 in last 4 years and £38,794 in last 5 years.

Currently average asking price of a property in Hornbeam Close, Barking, IG11 is around £249,169 based on approximately 1 properties for sale. Same is the case with rental options based on 250 properties up for rent, average asking rent is around £1,784 per month.

Estimated property value in Hornbeam Close, Barking, IG11 is £273,395. Average asking price is £249,169 while average price paid is £275,000 which is up by £22,780 and Avg. asking rent £1,784.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 Hornbeam Close, Barking, IG11 area. In last 1 year alone average price buyer paid is around £275,000 based on approximately 1 sales in Hornbeam Close, Barking, IG11 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £275,000. 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 £275,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £275,000 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 £85,000, £234,919 for a 2 bedroom house, £294,883 for a 3 bedroom house, £393,882 for a 4 bedroom house and £448,332 for a 5 bedroom house. For a flat similarly the prices varies from £157,607 for a single bedroom to £198,055 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £229,999 and £210,000 for a 4 bedroom flat. To sum up the asking prices for properties in Hornbeam Close, Barking, IG11 it comes to around average £155,407 for 1 bedroom property, £206,463 for 2 bedroom, £281,120 for 3 bedroom, £375,494 for 4 bedroom and £448,332 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 £955 for 1 bedroom to £1,188 for 2 bedrooms, £1,358 for 3 bedrooms, £1,480 for 4 bedrooms and £1,725 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £891. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,123, £1,282 for 3 bedroom and £1,549 for 4 bedroom. You should be generally be expecting around average £896 rent per month for single bedroom property, £1,135 for 2 bedroom, £1,344 for 3 bedroom, £1,503 for 4 bedroom and approximately £1,724 for a 5 bedroom property in Hornbeam Close, Barking, IG11 area.

Popular Houses in Hornbeam Close, Barking, IG11

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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