Lewing Close, Orpington, BR6

Street Guide For Lewing Close, Orpington, BR6

 

Lewing Close, Orpington, BR6 Map

Estimated Price: £525,435
Average Asking Price: £947,423
Price change in last one year: £40,616
Average Price Paid: £420,000
Average Rent Rates: £2,410

 

Property Prices Breakdown in Lewing Close, Orpington, BR6

Average Price for property in Lewing Close, Orpington, BR6 is around £525,435 which varies based on type of property you are interested in and ranges from £522,575 for detached house to around £536,872 for semi-detached. Values have been changing and have risen £1,090 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,106 in last 6 months, £40,616 in last 1 year, £82,203 in last 2 years, £89,479 in last 3 years, £88,976 in last 4 years and £98,215 in last 5 years.

Currently average asking price of a property in Lewing Close, Orpington, BR6 is around £947,423 based on approximately 1 properties for sale. Same is the case with rental options based on 39 properties up for rent, average asking rent is around £2,410 per month.

Estimated property value in Lewing Close, Orpington, BR6 is £525,435. Average asking price is £947,423 while average price paid is £420,000 which is up by £40,616 and Avg. asking rent £2,410.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 Lewing Close, Orpington, BR6 area. In last 1 year alone average price buyer paid is around £420,000 based on approximately 1 sales in Lewing Close, Orpington, BR6 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £420,000. 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 £420,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £420,000 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 £115,000, £364,983 for a 2 bedroom house, £467,458 for a 3 bedroom house, £784,355 for a 4 bedroom house and £1,655,318 for a 5 bedroom house. For a flat similarly the prices varies from £169,374 for a single bedroom to £206,989 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £306,667. To sum up the asking prices for properties in Lewing Close, Orpington, BR6 it comes to around average £158,499 for 1 bedroom property, £308,556 for 2 bedroom, £460,467 for 3 bedroom, £784,355 for 4 bedroom and £1,655,318 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 £1,265 for 2 bedroom to £1,534 for 3 bedroom, £1,749 for 4 bedroom and £3,250 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £901. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,140 and £1,288 for 3 bedroom. You should be generally be expecting around average £901 rent per month for single bedroom property, £1,203 for 2 bedroom, £1,436 for 3 bedroom, £1,749 for 4 bedroom and approximately £3,250 for a 5 bedroom property in Lewing Close, Orpington, BR6 area.

Popular Houses in Lewing Close, Orpington, BR6

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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