Martlesham Close, Hornchurch, RM12

Street Guide For Martlesham Close, Hornchurch, RM12

 
 

Martlesham Close, Hornchurch, RM12 Map

Estimated Price: £315,975
Average Asking Price: £311,486
Price change in last one year: £27,543
Average Price Paid: £260,000
Average Rent Rates: £1,047

Ram Estate Agent
713 Cranbrook Road, Gants Hill, Ilford, Essex, IG2

Free House valuation

 

Property Prices Breakdown in Martlesham Close, Hornchurch, RM12

Average Price for property in Martlesham Close, Hornchurch, RM12 is around £315,975 which varies based on type of property you are interested in and ranges from £330,330 for semi-detached to around £313,104 for terraced house. Values have been changing and have risen £1,953 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,695 in last 6 months, £27,543 in last 1 year, £54,937 in last 2 years, £53,091 in last 3 years, £57,510 in last 4 years and £54,456 in last 5 years.

Currently average asking price of a property in Martlesham Close, Hornchurch, RM12 is around £311,486 based on approximately 0 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £1,047 per month.

Estimated property value in Martlesham Close, Hornchurch, RM12 is £315,975. Average asking price is £311,486 while average price paid is £250,000 which is up by £53,091 and Avg. asking rent £1,047.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 Martlesham Close, Hornchurch, RM12 area. In last 3 years alone average price buyer paid is around £250,000 based on approximately 1 sales in Martlesham Close, Hornchurch, RM12 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £260,000. 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 £260,000 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 £287,940, £323,888 for a 3 bedroom house, £403,214 for a 4 bedroom house and £407,500 for a 5 bedroom house. For a flat similarly the prices varies from £162,500 for a single bedroom to £191,427 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £205,000. To sum up the asking prices for properties in Martlesham Close, Hornchurch, RM12 it comes to around average £162,500 for 1 bedroom property, £259,790 for 2 bedroom, £317,630 for 3 bedroom, £403,214 for 4 bedroom and £407,500 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 £1,248 for 2 bedroom to £1,324 for 3 bedroom, £1,699 for 4 bedroom and £1,798 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £860. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,148 and £1,049 for 3 bedroom. You should be generally be expecting around average £860 rent per month for single bedroom property, £1,182 for 2 bedroom, £1,278 for 3 bedroom, £1,699 for 4 bedroom and approximately £1,798 for a 5 bedroom property in Martlesham Close, Hornchurch, RM12 area.

Popular Houses in Martlesham Close, Hornchurch, RM12

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.

Transportation in Martlesham Close, Hornchurch, RM12

Areas in and around Martlesham Close, Hornchurch, RM12