Norwich Crescent, Rayleigh, SS6

Street Guide For Norwich Crescent, Rayleigh, SS6

 

Norwich Crescent, Rayleigh, SS6 Map

Estimated Price: £240,743
Average Asking Price: £337,922
Price change in last one year: £21,327
Average Price Paid: £192,166
Average Rent Rates: £1,162

 

Property Prices Breakdown in Norwich Crescent, Rayleigh, SS6

Average Price for property in Norwich Crescent, Rayleigh, SS6 is around £240,743 which varies based on type of property you are interested in and ranges from £329,825 for detached house to around £226,038 for semi-detached. Similarly terraced house is around £233,824. Values have been changing and have risen £2,836 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,646 in last 6 months, £21,327 in last 1 year, £31,923 in last 2 years, £32,062 in last 3 years, £32,551 in last 4 years and £38,467 in last 5 years.

Currently average asking price of a property in Norwich Crescent, Rayleigh, SS6 is around £337,922 based on approximately 0 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £1,162 per month.

Estimated property value in Norwich Crescent, Rayleigh, SS6 is £240,743. Average asking price is £337,922 while average price paid is £187,500 which is up by £32,062 and Avg. asking rent £1,162.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 Norwich Crescent, Rayleigh, SS6 area. In last 3 years alone average price buyer paid is around £187,500 based on approximately 6 sales in Norwich Crescent, Rayleigh, SS6 area alone. If you compare it to last 5 years sales of 9 properties where buyers paid around £192,166. 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 £190,111 for 11 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 £159,995, £267,999 for a 2 bedroom house, £307,838 for a 3 bedroom house, £401,524 for a 4 bedroom house and £577,500 for a 5 bedroom house. For a flat similarly the prices varies from £149,496 for a single bedroom to £147,500 for a 2 bedroom Flat. To sum up the asking prices for properties in Norwich Crescent, Rayleigh, SS6 it comes to around average £151,596 for 1 bedroom property, £247,916 for 2 bedroom, £307,838 for 3 bedroom, £401,524 for 4 bedroom and £577,500 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 £573 for 1 bedroom to £667 for 2 bedroom and £1,114 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £816. You should be generally be expecting around average £573 rent per month for single bedroom property, £742 for 2 bedroom and approximately £1,114 for 3 bedroom property in Norwich Crescent, Rayleigh, SS6 area.

Popular Houses in Norwich Crescent, Rayleigh, SS6

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 Norwich Crescent, Rayleigh, SS6