Kenley

Area Guide For Kenley

Kenley is a district in the South of London Borough of Croydon. As with most of this region, Kenley was primarily farmland, with a few big houses and their estates, and this pattern lasted until after the mid 19th century. The whole character of the place began to change in the second half of the century The pleasant residential area of Kenley, on the Caterham Valley side of the district, has in comparatively recent years become as favorite residential resort with wealthy London business men, and many fine modern houses standing in extensive grounds form an outstanding characteristic of the neighborhood. Kenley has also undergone a rapid growth of population occupying smaller houses in the low-lying area known as 'The Roke'.

 
 

Kenley Map

Estimated Price: £481,564
Average Asking Price: £628,884
Price change in last one year: £34,597
Average Price Paid: £359,709
Average Rent Rates: £1,167

 
 

Property Prices Breakdown in Kenley

Average Price for property in Kenley is around £481,564 which varies based on type of property you are interested in and ranges from £760,914 for detached house to around £459,027 for semi-detached. Similarly terraced house is around £342,575 and a flat is worth £246,988. Values have been changing and have risen £4,017 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,222 in last 6 months, £34,597 in last 1 year, £74,199 in last 2 years, £79,609 in last 3 years, £78,159 in last 4 years and £86,582 in last 5 years.

Currently average asking price of a property in Kenley is around £628,884 based on approximately 114 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £1,167 per month.

Estimated property value in Kenley is £481,564. Average asking price is £628,884 while average price paid is £385,128 which is up by £34,597 and Avg. asking rent £1,167.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 Kenley area. In last 1 year alone average price buyer paid is around £385,128 based on approximately 114 sales in Kenley area alone. If you compare it to last 3 years sales of 346 properties where buyers paid around £358,654. 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 £359,709 for 526 and average amount paid for purchase of approx. 700 properties sold in last 7 years comes to about £358,857 per sale.

 
 

Properties For Sale in Kenley

 
 

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 3 bedroom is around £508,990, £762,395 for a 4 bedroom house and £973,632 for a 5 bedroom house. For a flat similarly the prices varies from £163,333 for a single bedroom to £252,843 for a 2 bedroom Flat. To sum up the asking prices for properties in Kenley it comes to around average £163,333 for 1 bedroom property, £252,843 for 2 bedroom, £508,990 for 3 bedroom, £762,395 for 4 bedroom and £973,632 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 £1,542 for 3 bedroom to £1,699 for 4 bedroom and £1,599 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £806. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,070. You should be generally be expecting around average £806 rent per month for single bedroom property, £1,070 for 2 bedroom, £1,542 for 3 bedroom, £1,698 for 4 bedroom and approximately £1,599 for a 5 bedroom property in Kenley area.

Popular Houses in Kenley

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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