Leasway, Upminster, RM14

Street Guide For Leasway, Upminster, RM14

 
 

Leasway, Upminster, RM14 Map

Estimated Price: £595,859
Average Asking Price: £509,755
Price change in last one year: £52,671
Average Price Paid: £461,857
Average Rent Rates: £1,274

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

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Property Prices Breakdown in Leasway, Upminster, RM14

Average Price for property in Leasway, Upminster, RM14 is around £595,859 which varies based on type of property you are interested in and ranges from £628,468 for detached house to around £585,669 for semi-detached. Values have been changing and have risen £4,528 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,803 in last 6 months, £52,671 in last 1 year, £97,611 in last 2 years, £94,447 in last 3 years, £102,754 in last 4 years and £97,215 in last 5 years.

Currently average asking price of a property in Leasway, Upminster, RM14 is around £509,755 based on approximately 1 properties for sale. Same is the case with rental options based on 35 properties up for rent, average asking rent is around £1,274 per month.

Estimated property value in Leasway, Upminster, RM14 is £595,859. Average asking price is £509,755 while average price paid is £475,000 which is up by £52,671 and Avg. asking rent £1,274.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 Leasway, Upminster, RM14 area. In last 1 year alone average price buyer paid is around £475,000 based on approximately 1 sales in Leasway, Upminster, RM14 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £461,400. 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 £461,857 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £466,111 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 2 bedroom is around £386,429, £427,323 for a 3 bedroom house, £632,068 for a 4 bedroom house and £767,950 for a 5 bedroom house. For a flat similarly the prices varies from £265,713 for a 2 bedroom to £230,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Leasway, Upminster, RM14 it comes to around average £326,071 for 2 bedroom property, £421,685 for 3 bedroom, £632,068 for 4 bedroom and £767,950 for 5 bedroom.

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 £693 for 1 bedroom to £1,473 for 2 bedrooms, £1,403 for 3 bedrooms, £1,798 for 4 bedrooms and £2,700 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £849. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,142 and £1,001 for 3 bedroom. You should be generally be expecting around average £771 rent per month for single bedroom property, £1,184 for 2 bedroom, £1,369 for 3 bedroom, £1,798 for 4 bedroom and approximately £2,700 for a 5 bedroom property in Leasway, Upminster, RM14 area.

Popular Houses in Leasway, Upminster, RM14

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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Areas in and around Leasway, Upminster, RM14