Magnolia Drive, Eastbourne, BN22

Street Guide For Magnolia Drive, Eastbourne, BN22

 

Magnolia Drive, Eastbourne, BN22 Map

Estimated Price: £199,109
Average Asking Price: £245,668
Price change in last one year: £10,156
Average Price Paid: £157,500
Average Rent Rates: £666

 

Property Prices Breakdown in Magnolia Drive, Eastbourne, BN22

Average Price for property in Magnolia Drive, Eastbourne, BN22 is around £199,109 which varies based on type of property you are interested in and ranges from £207,823 for detached house to around £193,879 for semi-detached. Values have been changing and have risen £639 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,463 in last 6 months, £10,156 in last 1 year, £22,841 in last 2 years, £27,611 in last 3 years, £24,479 in last 4 years and £25,642 in last 5 years.

Currently average asking price of a property in Magnolia Drive, Eastbourne, BN22 is around £245,668 based on approximately 0 properties for sale. Same is the case with rental options based on 53 properties up for rent, average asking rent is around £666 per month.

Estimated property value in Magnolia Drive, Eastbourne, BN22 is £199,109. Average asking price is £245,668 while average price paid is £157,500 which is up by £27,611 and Avg. asking rent £666.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 Magnolia Drive, Eastbourne, BN22 area. In last 3 years alone average price buyer paid is around £157,500 based on approximately 2 sales in Magnolia Drive, Eastbourne, BN22 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £157,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £157,500 for 2 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 £216,346, £227,519 for a 3 bedroom house, £397,890 for a 4 bedroom house and £353,317 for a 5 bedroom house. For a flat similarly the prices varies from £101,544 for a single bedroom to £138,713 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £248,317. To sum up the asking prices for properties in Magnolia Drive, Eastbourne, BN22 it comes to around average £101,544 for 1 bedroom property, £176,191 for 2 bedroom, £228,875 for 3 bedroom, £397,890 for 4 bedroom and £353,317 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 £390 for 1 bedroom to £801 for 2 bedroom, £874 for 3 bedroom and £849 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £541. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £718 and £776 for 3 bedroom. You should be generally be expecting around average £516 rent per month for single bedroom property, £753 for 2 bedroom, £865 for 3 bedroom and approximately £849 for 4 bedroom property in Magnolia Drive, Eastbourne, BN22 area.

Popular Houses in Magnolia Drive, Eastbourne, BN22

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 Magnolia Drive, Eastbourne, BN22