Monterey Close, Bexley, DA5

Street Guide For Monterey Close, Bexley, DA5

 
 

Monterey Close, Bexley, DA5 Map

Estimated Price: £355,447
Average Asking Price: £428,057
Price change in last one year: £38,313
Average Price Paid: £272,050
Average Rent Rates: £1,155

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

Free House valuation

 

Property Prices Breakdown in Monterey Close, Bexley, DA5

Average Price for property in Monterey Close, Bexley, DA5 is around £355,447 which varies based on type of property you are interested in and ranges from £529,450 for detached house to around £401,847 for semi-detached. Similarly terraced house is around £259,749. Values have been changing and have risen £5,063 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,947 in last 6 months, £38,313 in last 1 year, £52,689 in last 2 years, £63,186 in last 3 years, £61,445 in last 4 years and £63,807 in last 5 years.

Currently average asking price of a property in Monterey Close, Bexley, DA5 is around £428,057 based on approximately 4 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £1,155 per month.

Estimated property value in Monterey Close, Bexley, DA5 is £355,447. Average asking price is £428,057 while average price paid is £254,237 which is up by £38,313 and Avg. asking rent £1,155.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 Monterey Close, Bexley, DA5 area. In last 1 year alone average price buyer paid is around £254,237 based on approximately 4 sales in Monterey Close, Bexley, DA5 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £271,618. 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 £272,050 for 9 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £272,050 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 £341,658, £357,307 for a 3 bedroom house, £524,999 for a 4 bedroom house and £648,987 for a 5 bedroom house. For a flat similarly the prices varies from £275,707 for a 2 bedroom to £390,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Monterey Close, Bexley, DA5 it comes to around average £306,146 for 2 bedroom property, £364,999 for 3 bedroom, £524,999 for 4 bedroom and £648,987 for 5 bedroom.

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 £550 for 1 bedroom to £1,099 for 2 bedroom, £1,370 for 3 bedroom and £1,625 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £802. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,017. You should be generally be expecting around average £676 rent per month for single bedroom property, £1,050 for 2 bedroom, £1,370 for 3 bedroom and approximately £1,625 for 4 bedroom property in Monterey Close, Bexley, DA5 area.

Popular Houses in Monterey Close, Bexley, DA5

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.

Transportation in Monterey Close, Bexley, DA5

Areas in and around Monterey Close, Bexley, DA5