Orchid Close, Eastbourne, BN23

Street Guide For Orchid Close, Eastbourne, BN23

 

Orchid Close, Eastbourne, BN23 Map

Estimated Price: £199,244
Average Asking Price: £255,966
Price change in last one year: £13,245
Average Price Paid: £148,895
Average Rent Rates: £1,311

 

Property Prices Breakdown in Orchid Close, Eastbourne, BN23

Average Price for property in Orchid Close, Eastbourne, BN23 is around £199,244 which varies based on type of property you are interested in and ranges from £211,355 for detached house to around £202,490 for semi-detached. Similarly terraced house is around £193,328 and a flat is worth £167,758. Values have been changing and have risen £1,225 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,779 in last 6 months, £13,245 in last 1 year, £25,841 in last 2 years, £27,537 in last 3 years, £26,443 in last 4 years and £25,807 in last 5 years.

Currently average asking price of a property in Orchid Close, Eastbourne, BN23 is around £255,966 based on approximately 1 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £1,311 per month.

Estimated property value in Orchid Close, Eastbourne, BN23 is £199,244. Average asking price is £255,966 while average price paid is £178,000 which is up by £13,245 and Avg. asking rent £1,311.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 Orchid Close, Eastbourne, BN23 area. In last 1 year alone average price buyer paid is around £178,000 based on approximately 1 sales in Orchid Close, Eastbourne, BN23 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £152,666. 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 £148,895 for 10 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £146,677 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 £89,950, £187,850 for a 2 bedroom house, £224,144 for a 3 bedroom house, £344,447 for a 4 bedroom house and £321,000 for a 5 bedroom house. For a flat similarly the prices varies from £139,200 for a single bedroom to £198,356 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £331,650 and £512,450 for a 4 bedroom flat. To sum up the asking prices for properties in Orchid Close, Eastbourne, BN23 it comes to around average £134,275 for 1 bedroom property, £195,013 for 2 bedroom, £260,656 for 3 bedroom, £353,289 for 4 bedroom and £321,000 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 £788 for 2 bedroom to £1,015 for 3 bedroom and £1,200 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £594. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £785 and £910 for 3 bedroom. You should be generally be expecting around average £594 rent per month for single bedroom property, £786 for 2 bedroom, £998 for 3 bedroom and approximately £1,200 for 4 bedroom property in Orchid Close, Eastbourne, BN23 area.

Popular Houses in Orchid Close, Eastbourne, BN23

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 Orchid Close, Eastbourne, BN23