Meachants Lane, Willingdon, Eastbourne, BN20

Street Guide For Meachants Lane, Willingdon, Eastbourne, BN20

 

Meachants Lane, Willingdon, Eastbourne, BN20 Map

Estimated Price: £173,686
Average Asking Price: £316,463
Price change in last one year: £10,939
Average Price Paid: £145,795
Average Rent Rates: £825

 

Property Prices Breakdown in Meachants Lane, Willingdon, Eastbourne, BN20

Average Price for property in Meachants Lane, Willingdon, Eastbourne, BN20 is around £173,686 which varies based on type of property you are interested in and ranges from £312,978 for detached house to around £240,214 for semi-detached. Similarly flat is around £161,306. Values have been changing and have risen £1,175 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,086 in last 6 months, £10,939 in last 1 year, £20,631 in last 2 years, £24,327 in last 3 years, £25,005 in last 4 years and £24,403 in last 5 years.

Currently average asking price of a property in Meachants Lane, Willingdon, Eastbourne, BN20 is around £316,463 based on approximately 2 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £825 per month.

Estimated property value in Meachants Lane, Willingdon, Eastbourne, BN20 is £173,686. Average asking price is £316,463 while average price paid is £139,000 which is up by £10,939 and Avg. asking rent £825.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 Meachants Lane, Willingdon, Eastbourne, BN20 area. In last 1 year alone average price buyer paid is around £139,000 based on approximately 2 sales in Meachants Lane, Willingdon, Eastbourne, BN20 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £141,500. 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 £145,795 for 10 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £144,992 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 £69,000, £242,539 for a 2 bedroom house, £350,224 for a 3 bedroom house, £430,381 for a 4 bedroom house and £578,322 for a 5 bedroom house. For a flat similarly the prices varies from £143,107 for a single bedroom to £217,251 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £309,405, £400,000 for a 4 bedroom flat and £749,000 for a 5 bedroom flat. To sum up the asking prices for properties in Meachants Lane, Willingdon, Eastbourne, BN20 it comes to around average £133,844 for 1 bedroom property, £221,896 for 2 bedroom, £340,246 for 3 bedroom, £428,211 for 4 bedroom and £595,390 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 £596 for 1 bedroom to £917 for 2 bedroom, £899 for 3 bedroom and £1,751 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £651. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £813, £1,096 for 3 bedroom and £901 for 4 bedroom. You should be generally be expecting around average £638 rent per month for single bedroom property, £831 for 2 bedroom, £965 for 3 bedroom and approximately £1,326 for 4 bedroom property in Meachants Lane, Willingdon, Eastbourne, BN20 area.

Popular Houses in Meachants Lane, Willingdon, Eastbourne, BN20

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 Meachants Lane, Willingdon, Eastbourne, BN20