Mill Lane, Chafford Hundred, Grays, RM16

Street Guide For Mill Lane, Chafford Hundred, Grays, RM16

 
 

Mill Lane, Chafford Hundred, Grays, RM16 Map

Estimated Price: £402,478
Average Asking Price: £335,587
Price change in last one year: £33,489
Average Price Paid: £372,500
Average Rent Rates: £978

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

Free House valuation

 

Property Prices Breakdown in Mill Lane, Chafford Hundred, Grays, RM16

Average Price for property in Mill Lane, Chafford Hundred, Grays, RM16 is around £402,478 e.g. average price for detached house is around 402,478. Values have been changing and have risen £3,883 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,766 in last 6 months, £33,489 in last 1 year, £67,486 in last 2 years, £63,257 in last 3 years, £65,345 in last 4 years and £70,023 in last 5 years.

Currently average asking price of a property in Mill Lane, Chafford Hundred, Grays, RM16 is around £335,587 based on approximately 1 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £978 per month.

Estimated property value in Mill Lane, Chafford Hundred, Grays, RM16 is £402,478. Average asking price is £335,587 while average price paid is £372,500 which is up by £33,489 and Avg. asking rent £978.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 Mill Lane, Chafford Hundred, Grays, RM16 area. In last 1 year alone average price buyer paid is around £372,500 based on approximately 1 sales in Mill Lane, Chafford Hundred, Grays, RM16 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £372,500. 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 £372,500 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £372,500 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 £135,000, £214,777 for a 2 bedroom house, £292,683 for a 3 bedroom house, £429,749 for a 4 bedroom house and £526,922 for a 5 bedroom house. For a flat similarly the prices varies from £127,748 for a single bedroom to £156,907 for a 2 bedroom Flat. To sum up the asking prices for properties in Mill Lane, Chafford Hundred, Grays, RM16 it comes to around average £128,784 for 1 bedroom property, £181,708 for 2 bedroom, £292,683 for 3 bedroom, £429,749 for 4 bedroom and £526,922 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 £368 for 1 bedroom to £979 for 2 bedroom, £1,300 for 3 bedroom and £2,500 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £672. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £947. You should be generally be expecting around average £570 rent per month for single bedroom property, £965 for 2 bedroom, £1,300 for 3 bedroom and approximately £2,500 for 4 bedroom property in Mill Lane, Chafford Hundred, Grays, RM16 area.

Popular Houses in Mill Lane, Chafford Hundred, Grays, RM16

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 Mill Lane, Chafford Hundred, Grays, RM16