Magnolia Road, Rochford, SS4

Street Guide For Magnolia Road, Rochford, SS4

 

Magnolia Road, Rochford, SS4 Map

Estimated Price: £235,411
Average Asking Price: £366,017
Price change in last one year: £24,214
Average Price Paid: £200,000
Average Rent Rates: £945

 

Property Prices Breakdown in Magnolia Road, Rochford, SS4

Average Price for property in Magnolia Road, Rochford, SS4 is around £235,411 which varies based on type of property you are interested in and ranges from £288,411 for detached house to around £224,055 for semi-detached. Values have been changing and have risen £2,846 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,227 in last 6 months, £24,214 in last 1 year, £35,394 in last 2 years, £34,494 in last 3 years, £35,308 in last 4 years and £37,869 in last 5 years.

Currently average asking price of a property in Magnolia Road, Rochford, SS4 is around £366,017 based on approximately 2 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £945 per month.

Estimated property value in Magnolia Road, Rochford, SS4 is £235,411. Average asking price is £366,017 while average price paid is £200,000 which is up by £24,214 and Avg. asking rent £945.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 Road, Rochford, SS4 area. In last 1 year alone average price buyer paid is around £200,000 based on approximately 2 sales in Magnolia Road, Rochford, SS4 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £200,000. 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 £200,000 for 2 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £189,833 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 £133,500, £217,269 for a 2 bedroom house, £288,596 for a 3 bedroom house, £407,499 for a 4 bedroom house and £688,749 for a 5 bedroom house. For a flat similarly the prices varies from £106,815 for a single bedroom to £143,750 for a 2 bedroom Flat. To sum up the asking prices for properties in Magnolia Road, Rochford, SS4 it comes to around average £117,489 for 1 bedroom property, £197,664 for 2 bedroom, £288,596 for 3 bedroom, £407,499 for 4 bedroom and £688,749 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 £388 for 1 bedroom to £793 for 3 bedroom and £1,816 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £550. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £650. You should be generally be expecting around average £442 rent per month for single bedroom property, £650 for 2 bedroom, £793 for 3 bedroom and approximately £1,816 for 4 bedroom property in Magnolia Road, Rochford, SS4 area.

Popular Houses in Magnolia Road, Rochford, SS4

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 Road, Rochford, SS4