Norway Walk, Rainham, RM13

Street Guide For Norway Walk, Rainham, RM13

 
 

Norway Walk, Rainham, RM13 Map

Estimated Price: £233,841
Average Asking Price: £280,388
Price change in last one year: £21,316
Average Price Paid: £164,500
Average Rent Rates: £2,900

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

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Property Prices Breakdown in Norway Walk, Rainham, RM13

Average Price for property in Norway Walk, Rainham, RM13 is around £233,841 e.g. average price for terraced house is around 233,841. Values have been changing and have risen £2,156 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,807 in last 6 months, £21,316 in last 1 year, £39,933 in last 2 years, £40,688 in last 3 years, £42,050 in last 4 years and £40,192 in last 5 years.

Currently average asking price of a property in Norway Walk, Rainham, RM13 is around £280,388 based on approximately 0 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £2,900 per month.

Estimated property value in Norway Walk, Rainham, RM13 is £233,841. Average asking price is £280,388 while average price paid is £164,500 which is up by £40,688 and Avg. asking rent £2,900.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 Norway Walk, Rainham, RM13 area. In last 3 years alone average price buyer paid is around £164,500 based on approximately 1 sales in Norway Walk, Rainham, RM13 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £164,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £164,500 for 1 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 £40,000, £224,167 for a 2 bedroom house, £277,607 for a 3 bedroom house, £354,167 for a 4 bedroom house and £416,667 for a 5 bedroom house. For a flat similarly the prices varies from £109,849 for a single bedroom to £194,198 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £175,000. To sum up the asking prices for properties in Norway Walk, Rainham, RM13 it comes to around average £95,879 for 1 bedroom property, £210,545 for 2 bedroom, £273,735 for 3 bedroom, £354,167 for 4 bedroom and £416,667 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 £1,196 for 3 bedroom to £1,374 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £793. 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 £793 rent per month for single bedroom property, £965 for 2 bedroom, £1,196 for 3 bedroom and approximately £1,374 for 4 bedroom property in Norway Walk, Rainham, RM13 area.

Popular Houses in Norway Walk, Rainham, RM13

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 Norway Walk, Rainham, RM13