Lakehall Road, Thornton Heath, CR7

Street Guide For Lakehall Road, Thornton Heath, CR7

 

Lakehall Road, Thornton Heath, CR7 Map

Estimated Price: £261,212
Average Asking Price: £320,742
Price change in last one year: £28,367
Average Price Paid: £209,352
Average Rent Rates: £1,124

 

Property Prices Breakdown in Lakehall Road, Thornton Heath, CR7

Average Price for property in Lakehall Road, Thornton Heath, CR7 is around £261,212 which varies based on type of property you are interested in and ranges from £271,315 for detached house to around £299,582 for semi-detached. Similarly terraced house is around £262,488 and a flat is worth £175,743. Values have been changing and have risen £2,202 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,756 in last 6 months, £28,367 in last 1 year, £46,496 in last 2 years, £52,406 in last 3 years, £51,440 in last 4 years and £51,092 in last 5 years.

Currently average asking price of a property in Lakehall Road, Thornton Heath, CR7 is around £320,742 based on approximately 6 properties for sale. Same is the case with rental options based on 123 properties up for rent, average asking rent is around £1,124 per month.

Estimated property value in Lakehall Road, Thornton Heath, CR7 is £261,212. Average asking price is £320,742 while average price paid is £230,416 which is up by £28,367 and Avg. asking rent £1,124.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 Lakehall Road, Thornton Heath, CR7 area. In last 1 year alone average price buyer paid is around £230,416 based on approximately 6 sales in Lakehall Road, Thornton Heath, CR7 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £212,994. 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 £209,352 for 14 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £210,838 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 £155,000, £294,321 for a 2 bedroom house, £372,964 for a 3 bedroom house, £413,098 for a 4 bedroom house and £469,604 for a 5 bedroom house. For a flat similarly the prices varies from £172,662 for a single bedroom to £219,387 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £232,327. To sum up the asking prices for properties in Lakehall Road, Thornton Heath, CR7 it comes to around average £171,681 for 1 bedroom property, £234,890 for 2 bedroom, £344,066 for 3 bedroom, £413,098 for 4 bedroom and £469,604 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 £529 for 1 bedroom to £1,075 for 2 bedrooms, £1,384 for 3 bedrooms, £1,776 for 4 bedrooms and £1,312 for 5 bedrooms house. 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 £1,079, £1,258 for 3 bedroom and £1,400 for 4 bedroom. You should be generally be expecting around average £685 rent per month for single bedroom property, £1,078 for 2 bedroom, £1,359 for 3 bedroom, £1,700 for 4 bedroom and approximately £1,312 for a 5 bedroom property in Lakehall Road, Thornton Heath, CR7 area.

Popular Houses in Lakehall Road, Thornton Heath, CR7

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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