Melrose Road, Biggin Hill, Westerham, TN16

Street Guide For Melrose Road, Biggin Hill, Westerham, TN16

 

Melrose Road, Biggin Hill, Westerham, TN16 Map

Estimated Price: £364,822
Average Asking Price: £624,565
Price change in last one year: £33,285
Average Price Paid: £264,200
Average Rent Rates: £1,439

 

Property Prices Breakdown in Melrose Road, Biggin Hill, Westerham, TN16

Average Price for property in Melrose Road, Biggin Hill, Westerham, TN16 is around £364,822 which varies based on type of property you are interested in and ranges from £410,572 for detached house to around £298,425 for semi-detached. Similarly terraced house is around £350,046. Values have been changing and have risen £2,824 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,690 in last 6 months, £33,285 in last 1 year, £45,531 in last 2 years, £52,350 in last 3 years, £46,647 in last 4 years and £48,262 in last 5 years.

Currently average asking price of a property in Melrose Road, Biggin Hill, Westerham, TN16 is around £624,565 based on approximately 0 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £1,439 per month.

Estimated property value in Melrose Road, Biggin Hill, Westerham, TN16 is £364,822. Average asking price is £624,565 while average price paid is £267,000 which is up by £52,350 and Avg. asking rent £1,439.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 Melrose Road, Biggin Hill, Westerham, TN16 area. In last 3 years alone average price buyer paid is around £267,000 based on approximately 3 sales in Melrose Road, Biggin Hill, Westerham, TN16 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £264,200. 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 £265,500 for 6 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 £274,627, £533,525 for a 3 bedroom house, £657,374 for a 4 bedroom house and £1,204,579 for a 5 bedroom house. For a flat similarly the prices varies from £85,000 for a single bedroom to £254,850 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £975,000. To sum up the asking prices for properties in Melrose Road, Biggin Hill, Westerham, TN16 it comes to around average £85,000 for 1 bedroom property, £266,936 for 2 bedroom, £547,766 for 3 bedroom, £657,374 for 4 bedroom and £1,204,579 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 £1,200 for 2 bedroom to £1,424 for 3 bedroom, £2,931 for 4 bedroom and £2,301 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £849. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,216 and £2,249 for 3 bedroom. You should be generally be expecting around average £849 rent per month for single bedroom property, £1,212 for 2 bedroom, £1,589 for 3 bedroom, £2,931 for 4 bedroom and approximately £2,301 for a 5 bedroom property in Melrose Road, Biggin Hill, Westerham, TN16 area.

Popular Houses in Melrose Road, Biggin Hill, Westerham, TN16

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 Melrose Road, Biggin Hill, Westerham, TN16