Lower Park Road, Loughton, IG10

Street Guide For Lower Park Road, Loughton, IG10

 
 

Lower Park Road, Loughton, IG10 Map

Estimated Price: £547,596
Average Asking Price: £655,438
Price change in last one year: £43,089
Average Price Paid: £398,865
Average Rent Rates: £2,136

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Property Prices Breakdown in Lower Park Road, Loughton, IG10

Average Price for property in Lower Park Road, Loughton, IG10 is around £547,596 which varies based on type of property you are interested in and ranges from £687,997 for detached house to around £680,699 for semi-detached. Similarly terraced house is around £596,096 and a flat is worth £389,447. Values have been changing and have risen £3,796 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,990 in last 6 months, £43,089 in last 1 year, £71,130 in last 2 years, £92,693 in last 3 years, £99,600 in last 4 years and £84,479 in last 5 years.

Currently average asking price of a property in Lower Park Road, Loughton, IG10 is around £655,438 based on approximately 1 properties for sale. Same is the case with rental options based on 75 properties up for rent, average asking rent is around £2,136 per month.

Estimated property value in Lower Park Road, Loughton, IG10 is £547,596. Average asking price is £655,438 while average price paid is £580,000 which is up by £43,089 and Avg. asking rent £2,136.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 Lower Park Road, Loughton, IG10 area. In last 1 year alone average price buyer paid is around £580,000 based on approximately 1 sales in Lower Park Road, Loughton, IG10 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £406,735. 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 £398,865 for 26 and average amount paid for purchase of approx. 32 properties sold in last 7 years comes to about £397,437 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 £200,333, £353,333 for a 2 bedroom house, £510,858 for a 3 bedroom house, £786,722 for a 4 bedroom house and £1,040,833 for a 5 bedroom house. For a flat similarly the prices varies from £202,399 for a single bedroom to £253,622 for a 2 bedroom Flat. To sum up the asking prices for properties in Lower Park Road, Loughton, IG10 it comes to around average £201,272 for 1 bedroom property, £313,449 for 2 bedroom, £510,858 for 3 bedroom, £786,722 for 4 bedroom and £1,040,833 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 £1,137 for 1 bedroom to £1,285 for 2 bedrooms, £1,545 for 3 bedrooms, £2,155 for 4 bedrooms and £3,988 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,761. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,171 and £1,148 for 3 bedroom. You should be generally be expecting around average £1,387 rent per month for single bedroom property, £1,211 for 2 bedroom, £1,512 for 3 bedroom, £2,155 for 4 bedroom and approximately £3,988 for a 5 bedroom property in Lower Park Road, Loughton, IG10 area.

Popular Houses in Lower Park Road, Loughton, IG10

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 Lower Park Road, Loughton, IG10