Mill Road, Maldon, CM9

Street Guide For Mill Road, Maldon, CM9

 

Mill Road, Maldon, CM9 Map

Estimated Price: £195,438
Average Asking Price: £406,220
Price change in last one year: £15,026
Average Price Paid: £150,984
Average Rent Rates: £839

 

Property Prices Breakdown in Mill Road, Maldon, CM9

Average Price for property in Mill Road, Maldon, CM9 is around £195,438 which varies based on type of property you are interested in and ranges from £424,334 for detached house to around £225,531 for semi-detached. Similarly terraced house is around £180,629 and a flat is worth £125,758. Values have been changing and have risen £597 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,530 in last 6 months, £15,026 in last 1 year, £21,833 in last 2 years, £27,850 in last 3 years, £24,490 in last 4 years and £26,790 in last 5 years.

Currently average asking price of a property in Mill Road, Maldon, CM9 is around £406,220 based on approximately 3 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £839 per month.

Estimated property value in Mill Road, Maldon, CM9 is £195,438. Average asking price is £406,220 while average price paid is £169,665 which is up by £15,026 and Avg. asking rent £839.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 Road, Maldon, CM9 area. In last 1 year alone average price buyer paid is around £169,665 based on approximately 3 sales in Mill Road, Maldon, CM9 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £172,628. 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 £150,984 for 17 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £142,738 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 £120,500, £234,049 for a 2 bedroom house, £312,759 for a 3 bedroom house, £393,440 for a 4 bedroom house and £631,564 for a 5 bedroom house. For a flat similarly the prices varies from £123,624 for a single bedroom to £200,822 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £214,950. To sum up the asking prices for properties in Mill Road, Maldon, CM9 it comes to around average £122,772 for 1 bedroom property, £226,381 for 2 bedroom, £310,251 for 3 bedroom, £393,440 for 4 bedroom and £631,564 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 £888 for 2 bedroom to £874 for 3 bedroom and £1,348 for 4 bedroom. You should be generally be expecting around average £888 rent per month for 2 bedroom property, £874 for 3 bedroom and approximately £1,348 for 4 bedroom property in Mill Road, Maldon, CM9 area.

Popular Houses in Mill Road, Maldon, CM9

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 Road, Maldon, CM9