Mera Drive, Bexleyheath, DA7

Street Guide For Mera Drive, Bexleyheath, DA7

 
 

Mera Drive, Bexleyheath, DA7 Map

Estimated Price: £210,939
Average Asking Price: £324,605
Price change in last one year: £20,733
Average Price Paid: £165,761
Average Rent Rates: £1,043

Jennings and Kent (Erith)
255 Bexley Road, Northumberland Heath, Erith, Kent

Free House valuation

 

Property Prices Breakdown in Mera Drive, Bexleyheath, DA7

Values have been changing and have risen £1,905 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,617 in last 6 months, £20,733 in last 1 year, £31,037 in last 2 years, £35,152 in last 3 years, £34,063 in last 4 years and £37,385 in last 5 years.

Currently average asking price of a property in Mera Drive, Bexleyheath, DA7 is around £324,605 based on approximately 4 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £1,043 per month.

Estimated property value in Mera Drive, Bexleyheath, DA7 is £210,939. Average asking price is £324,605 while average price paid is £193,748 which is up by £20,733 and Avg. asking rent £1,043.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 Mera Drive, Bexleyheath, DA7 area. In last 1 year alone average price buyer paid is around £193,748 based on approximately 4 sales in Mera Drive, Bexleyheath, DA7 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £169,132. 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 £165,761 for 21 and average amount paid for purchase of approx. 28 properties sold in last 7 years comes to about £161,981 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 £200,000, £266,250 for a 2 bedroom house, £335,250 for a 3 bedroom house, £398,750 for a 4 bedroom house and £562,475 for a 5 bedroom house. For a flat similarly the prices varies from £89,998 for a single bedroom to £189,989 for a 2 bedroom Flat. To sum up the asking prices for properties in Mera Drive, Bexleyheath, DA7 it comes to around average £126,665 for 1 bedroom property, £236,919 for 2 bedroom, £335,250 for 3 bedroom, £398,750 for 4 bedroom and £562,475 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 £477 for 1 bedroom to £823 for 2 bedroom, £1,257 for 3 bedroom and £1,499 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £901. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £965. You should be generally be expecting around average £760 rent per month for single bedroom property, £941 for 2 bedroom, £1,257 for 3 bedroom and approximately £1,500 for 4 bedroom property in Mera Drive, Bexleyheath, DA7 area.

Popular Houses in Mera Drive, Bexleyheath, DA7

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.

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