Orchard Way, Beckenham, BR3

Street Guide For Orchard Way, Beckenham, BR3

 
 

Orchard Way, Beckenham, BR3 Map

Estimated Price: £344,442
Average Asking Price: £590,662
Price change in last one year: £32,784
Average Price Paid: £223,049
Average Rent Rates: £1,360

Northwood (Bromley) Limited
40 East Street, Bromley, BR1 1QU

Free House valuation

 

Property Prices Breakdown in Orchard Way, Beckenham, BR3

Values have been changing and have risen £1,716 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,645 in last 6 months, £32,784 in last 1 year, £58,715 in last 2 years, £67,233 in last 3 years, £65,006 in last 4 years and £75,779 in last 5 years.

Currently average asking price of a property in Orchard Way, Beckenham, BR3 is around £590,662 based on approximately 3 properties for sale. Same is the case with rental options based on 100 properties up for rent, average asking rent is around £1,360 per month.

Estimated property value in Orchard Way, Beckenham, BR3 is £344,442. Average asking price is £590,662 while average price paid is £315,000 which is up by £32,784 and Avg. asking rent £1,360.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 Orchard Way, Beckenham, BR3 area. In last 1 year alone average price buyer paid is around £315,000 based on approximately 3 sales in Orchard Way, Beckenham, BR3 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £230,772. 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 £223,049 for 20 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £227,807 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 £197,142, £379,933 for a 2 bedroom house, £503,918 for a 3 bedroom house, £782,748 for a 4 bedroom house and £992,853 for a 5 bedroom house. For a flat similarly the prices varies from £232,019 for a single bedroom to £369,545 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £506,660 and £244,983 for a 4 bedroom flat. To sum up the asking prices for properties in Orchard Way, Beckenham, BR3 it comes to around average £226,470 for 1 bedroom property, £371,445 for 2 bedroom, £504,345 for 3 bedroom, £756,727 for 4 bedroom and £992,853 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 £1,159 for 1 bedroom to £1,335 for 2 bedrooms, £2,003 for 3 bedrooms, £2,955 for 4 bedrooms and £2,799 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £973. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,231, £1,551 for 3 bedroom and £1,452 for 4 bedroom. You should be generally be expecting around average £995 rent per month for single bedroom property, £1,238 for 2 bedroom, £1,973 for 3 bedroom, £2,741 for 4 bedroom and approximately £2,799 for a 5 bedroom property in Orchard Way, Beckenham, BR3 area.

Popular Houses in Orchard Way, Beckenham, BR3

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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