Medhurst Drive, Downham, Bromley, BR1 Street Guide UK

Property Prices Breakdown in Medhurst Drive, Downham, Bromley, BR1

Average Price for property in Medhurst Drive, Downham, Bromley, BR1 is around £268,293 which varies based on type of property you are interested in and ranges from £397,566 for terraced house to around £266,273 for a flat. Values have been changing and have risen £2,203 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,756 in last 6 months, £24,889 in last 1 year, £49,001 in last 2 years, £52,813 in last 3 years, £50,868 in last 4 years and £56,603 in last 5 years.

Currently average asking price of a property in Medhurst Drive, Downham, Bromley, BR1 is around £602,737 based on approximately 6 properties for sale. Same is the case with rental options based on 108 properties up for rent, average asking rent is around £1,357 per month.

Estimated property value in Medhurst Drive, Downham, Bromley, BR1 is £268,293. Average asking price is £602,737 while average price paid is £220,833 which is up by £24,889 and Avg. asking rent £1,357.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 Medhurst Drive, Downham, Bromley, BR1 area. In last 1 year alone average price buyer paid is around £220,833 based on approximately 6 sales in Medhurst Drive, Downham, Bromley, BR1 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £211,000. 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 £202,500 for 15 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £196,684 per sale.

Kitchen

Bedroom

Bathroom

Living Room

Dining Room

Family Room

Drawing Room

Garden

House Front

Front Lawn

Attic Space

Backyard

Balcony

Basement

Conservatory/Sun room

Corridor

Door

Drawing/Blue print

En-Suite

Entry/Entrance

Fireplace

Garage/Shed

Gym

Hall

Home Bar

Home Office

Interior Decor

Kids Room

Landing

Laundry

Mirror

Misc

Neighbourhood

Outdoor Landscaping

Outside Look

Parking

Pools & Sport

Rear Elevation

Rooftop

Staircase

Storage/Closet

Study Room

Swimming pool

Utility Room

Wardrobe

Water View

Window

Wine Cellar

Work Room

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 £141,667, £315,179 for a 2 bedroom house, £433,135 for a 3 bedroom house, £741,697 for a 4 bedroom house and £1,255,109 for a 5 bedroom house. For a flat similarly the prices varies from £217,916 for a single bedroom to £316,261 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £342,487 and £499,950 for a 4 bedroom flat. To sum up the asking prices for properties in Medhurst Drive, Downham, Bromley, BR1 it comes to around average £209,444 for 1 bedroom property, £315,963 for 2 bedroom, £423,201 for 3 bedroom, £736,660 for 4 bedroom and £1,255,109 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 £626 for 1 bedroom to £1,223 for 2 bedrooms, £1,483 for 3 bedrooms, £1,963 for 4 bedrooms and £2,576 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £919. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,282, £1,741 for 3 bedroom and £2,275 for 4 bedroom. You should be generally be expecting around average £807 rent per month for single bedroom property, £1,277 for 2 bedroom, £1,593 for 3 bedroom, £2,041 for 4 bedroom and approximately £2,576 for a 5 bedroom property in Medhurst Drive, Downham, Bromley, BR1 area.