Mill Lane, Hook End, Brentwood, CM15

Street Guide For Mill Lane, Hook End, Brentwood, CM15

 

Mill Lane, Hook End, Brentwood, CM15 Map

Estimated Price: £479,150
Average Asking Price: £656,146
Price change in last one year: £37,534
Average Price Paid: £386,500
Average Rent Rates: £1,402

 

Property Prices Breakdown in Mill Lane, Hook End, Brentwood, CM15

Average Price for property in Mill Lane, Hook End, Brentwood, CM15 is around £479,150 which varies based on type of property you are interested in and ranges from £471,350 for detached house to around £557,144 for semi-detached. Values have been changing and have risen £1,054 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £863 in last 6 months, £37,534 in last 1 year, £57,808 in last 2 years, £68,149 in last 3 years, £65,011 in last 4 years and £67,771 in last 5 years.

Currently average asking price of a property in Mill Lane, Hook End, Brentwood, CM15 is around £656,146 based on approximately 3 properties for sale. Same is the case with rental options based on 25 properties up for rent, average asking rent is around £1,402 per month.

Estimated property value in Mill Lane, Hook End, Brentwood, CM15 is £479,150. Average asking price is £656,146 while average price paid is £379,333 which is up by £37,534 and Avg. asking rent £1,402.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, Hook End, Brentwood, CM15 area. In last 1 year alone average price buyer paid is around £379,333 based on approximately 3 sales in Mill Lane, Hook End, Brentwood, CM15 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £379,333. 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 £386,500 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £386,500 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 £136,000, £267,491 for a 2 bedroom house, £504,656 for a 3 bedroom house, £678,085 for a 4 bedroom house and £1,361,923 for a 5 bedroom house. For a flat similarly the prices varies from £164,999 for a single bedroom to £226,400 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £425,000. To sum up the asking prices for properties in Mill Lane, Hook End, Brentwood, CM15 it comes to around average £159,727 for 1 bedroom property, £248,813 for 2 bedroom, £501,193 for 3 bedroom, £678,085 for 4 bedroom and £1,361,923 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 £498 for 1 bedroom to £1,243 for 2 bedrooms, £1,569 for 3 bedrooms, £2,513 for 4 bedrooms and £3,501 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £874. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,011. You should be generally be expecting around average £780 rent per month for single bedroom property, £1,127 for 2 bedroom, £1,569 for 3 bedroom, £2,513 for 4 bedroom and approximately £3,501 for a 5 bedroom property in Mill Lane, Hook End, Brentwood, CM15 area.

Popular Houses in Mill Lane, Hook End, Brentwood, CM15

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, Hook End, Brentwood, CM15