Lovibonds Avenue, Farnborough, Orpington, BR6

Street Guide For Lovibonds Avenue, Farnborough, Orpington, BR6

 

Lovibonds Avenue, Farnborough, Orpington, BR6 Map

Estimated Price: £626,411
Average Asking Price: £947,423
Price change in last one year: £48,420
Average Price Paid: £452,858
Average Rent Rates: £2,410

 

Property Prices Breakdown in Lovibonds Avenue, Farnborough, Orpington, BR6

Average Price for property in Lovibonds Avenue, Farnborough, Orpington, BR6 is around £626,411 which varies based on type of property you are interested in and ranges from £741,352 for detached house to around £628,487 for semi-detached. Similarly terraced house is around £581,293 and a flat is worth £331,968. Values have been changing and have risen £1,299 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,317 in last 6 months, £48,420 in last 1 year, £97,997 in last 2 years, £106,672 in last 3 years, £106,069 in last 4 years and £117,082 in last 5 years.

Currently average asking price of a property in Lovibonds Avenue, Farnborough, Orpington, BR6 is around £947,423 based on approximately 3 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 Lovibonds Avenue, Farnborough, Orpington, BR6 is £626,411. Average asking price is £947,423 while average price paid is £518,316 which is up by £48,420 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 Lovibonds Avenue, Farnborough, Orpington, BR6 area. In last 1 year alone average price buyer paid is around £518,316 based on approximately 3 sales in Lovibonds Avenue, Farnborough, Orpington, BR6 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £518,120. 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 £452,858 for 18 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £448,171 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 Lovibonds Avenue, Farnborough, 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 Lovibonds Avenue, Farnborough, Orpington, BR6 area.

Popular Houses in Lovibonds Avenue, Farnborough, 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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