London Road, Grays, RM20

Street Guide For London Road, Grays, RM20

 
 

London Road, Grays, RM20 Map

Estimated Price: £180,605
Average Asking Price: £262,981
Price change in last one year: £16,533
Average Price Paid: £160,452
Average Rent Rates: £3,628

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

Free House valuation

 

Property Prices Breakdown in London Road, Grays, RM20

Average Price for property in London Road, Grays, RM20 is around £180,605 which varies based on type of property you are interested in and ranges from £326,510 for detached house to around £206,618 for semi-detached. Similarly terraced house is around £173,755 and a flat is worth £135,020. Values have been changing and have risen £1,822 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,932 in last 6 months, £16,533 in last 1 year, £32,466 in last 2 years, £31,385 in last 3 years, £33,408 in last 4 years and £32,373 in last 5 years.

Currently average asking price of a property in London Road, Grays, RM20 is around £262,981 based on approximately 8 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £3,628 per month.

Estimated property value in London Road, Grays, RM20 is £180,605. Average asking price is £262,981 while average price paid is £155,274 which is up by £16,533 and Avg. asking rent £3,628.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 London Road, Grays, RM20 area. In last 1 year alone average price buyer paid is around £155,274 based on approximately 8 sales in London Road, Grays, RM20 area alone. If you compare it to last 3 years sales of 38 properties where buyers paid around £162,921. 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 £160,452 for 52 and average amount paid for purchase of approx. 67 properties sold in last 7 years comes to about £157,044 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 £176,663, £224,329 for a 3 bedroom house and £293,328 for a 4 bedroom house. For a flat similarly the prices varies from £97,498 for a single bedroom to £157,498 for a 2 bedroom Flat. To sum up the asking prices for properties in London Road, Grays, RM20 it comes to around average £97,498 for 1 bedroom property, £164,685 for 2 bedroom, £224,329 for 3 bedroom and £293,328 for 4 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 £849 for 2 bedroom to £966 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £576. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £875. You should be generally be expecting around average £576 rent per month for single bedroom property, £867 for 2 bedroom and approximately £966 for 3 bedroom property in London Road, Grays, RM20 area.

Popular Houses in London Road, Grays, RM20

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.

Areas in and around London Road, Grays, RM20