London Road, Maldon, CM9

Street Guide For London Road, Maldon, CM9

 

London Road, Maldon, CM9 Map

Estimated Price: £524,990
Average Asking Price: £406,220
Price change in last one year: £41,273
Average Price Paid: £346,730
Average Rent Rates: £839

 

Property Prices Breakdown in London Road, Maldon, CM9

Average Price for property in London Road, Maldon, CM9 is around £524,990 which varies based on type of property you are interested in and ranges from £601,950 for detached house to around £443,481 for semi-detached. Similarly terraced house is around £270,960. Values have been changing and have risen £1,637 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,197 in last 6 months, £41,273 in last 1 year, £59,966 in last 2 years, £76,488 in last 3 years, £67,243 in last 4 years and £73,557 in last 5 years.

Currently average asking price of a property in London Road, Maldon, CM9 is around £406,220 based on approximately 4 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £839 per month.

Estimated property value in London Road, Maldon, CM9 is £524,990. Average asking price is £406,220 while average price paid is £398,644 which is up by £41,273 and Avg. asking rent £839.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, Maldon, CM9 area. In last 1 year alone average price buyer paid is around £398,644 based on approximately 4 sales in London Road, Maldon, CM9 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £384,368. 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 £346,730 for 9 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £356,325 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 £120,500, £234,049 for a 2 bedroom house, £312,759 for a 3 bedroom house, £393,440 for a 4 bedroom house and £631,564 for a 5 bedroom house. For a flat similarly the prices varies from £123,624 for a single bedroom to £200,822 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £214,950. To sum up the asking prices for properties in London Road, Maldon, CM9 it comes to around average £122,772 for 1 bedroom property, £226,381 for 2 bedroom, £310,251 for 3 bedroom, £393,440 for 4 bedroom and £631,564 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 £888 for 2 bedroom to £874 for 3 bedroom and £1,348 for 4 bedroom. You should be generally be expecting around average £888 rent per month for 2 bedroom property, £874 for 3 bedroom and approximately £1,348 for 4 bedroom property in London Road, Maldon, CM9 area.

Popular Houses in London Road, Maldon, CM9

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, Maldon, CM9