Nurstead Road, Erith, DA8

Street Guide For Nurstead Road, Erith, DA8

 
 

Nurstead Road, Erith, DA8 Map

Estimated Price: £309,352
Average Asking Price: £247,074
Price change in last one year: £28,092
Average Price Paid: £241,499
Average Rent Rates: £980

Jennings and Kent (Erith)
255 Bexley Road, Northumberland Heath, Erith, Kent

Free House valuation

 

Property Prices Breakdown in Nurstead Road, Erith, DA8

Average Price for property in Nurstead Road, Erith, DA8 is around £309,352 which varies based on type of property you are interested in and ranges from £308,902 for detached house to around £316,414 for semi-detached. Similarly terraced house is around £286,250 and a flat is worth £241,699. Values have been changing and have risen £2,146 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,269 in last 6 months, £28,092 in last 1 year, £46,303 in last 2 years, £50,722 in last 3 years, £51,747 in last 4 years and £51,851 in last 5 years.

Currently average asking price of a property in Nurstead Road, Erith, DA8 is around £247,074 based on approximately 4 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £980 per month.

Estimated property value in Nurstead Road, Erith, DA8 is £309,352. Average asking price is £247,074 while average price paid is £256,248 which is up by £28,092 and Avg. asking rent £980.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 Nurstead Road, Erith, DA8 area. In last 1 year alone average price buyer paid is around £256,248 based on approximately 4 sales in Nurstead Road, Erith, DA8 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £242,849. 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 £241,499 for 17 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £238,833 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 £137,500, £233,541 for a 2 bedroom house, £271,538 for a 3 bedroom house, £360,598 for a 4 bedroom house and £437,498 for a 5 bedroom house. For a flat similarly the prices varies from £243,995 for a single bedroom to £171,428 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £152,500. To sum up the asking prices for properties in Nurstead Road, Erith, DA8 it comes to around average £213,568 for 1 bedroom property, £187,992 for 2 bedroom, £255,666 for 3 bedroom, £360,598 for 4 bedroom and £437,498 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 £1,151 for 2 bedroom to £1,258 for 3 bedroom and £1,389 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £725. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £932. You should be generally be expecting around average £725 rent per month for single bedroom property, £1,005 for 2 bedroom, £1,258 for 3 bedroom and approximately £1,389 for 4 bedroom property in Nurstead Road, Erith, DA8 area.

Popular Houses in Nurstead Road, Erith, DA8

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.

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