Palmer Crescent, Ottershaw, Chertsey, KT16

Street Guide For Palmer Crescent, Ottershaw, Chertsey, KT16

 

Palmer Crescent, Ottershaw, Chertsey, KT16 Map

Estimated Price: £285,373
Average Asking Price: £486,472
Price change in last one year: £24,659
Average Price Paid: £229,657
Average Rent Rates: £1,621

 

Property Prices Breakdown in Palmer Crescent, Ottershaw, Chertsey, KT16

Average Price for property in Palmer Crescent, Ottershaw, Chertsey, KT16 is around £285,373 which varies based on type of property you are interested in and ranges from £217,691 for detached house to around £341,433 for semi-detached. Similarly terraced house is around £300,073 and a flat is worth £244,561. Values have been changing and have risen £981 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,055 in last 6 months, £24,659 in last 1 year, £44,800 in last 2 years, £49,965 in last 3 years, £51,417 in last 4 years and £52,372 in last 5 years.

Currently average asking price of a property in Palmer Crescent, Ottershaw, Chertsey, KT16 is around £486,472 based on approximately 4 properties for sale. Same is the case with rental options based on 78 properties up for rent, average asking rent is around £1,621 per month.

Estimated property value in Palmer Crescent, Ottershaw, Chertsey, KT16 is £285,373. Average asking price is £486,472 while average price paid is £223,250 which is up by £24,659 and Avg. asking rent £1,621.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 Palmer Crescent, Ottershaw, Chertsey, KT16 area. In last 1 year alone average price buyer paid is around £223,250 based on approximately 4 sales in Palmer Crescent, Ottershaw, Chertsey, KT16 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £232,181. 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 £229,657 for 19 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £221,363 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 £141,336, £275,767 for a 2 bedroom house, £457,693 for a 3 bedroom house, £624,738 for a 4 bedroom house and £987,217 for a 5 bedroom house. For a flat similarly the prices varies from £159,829 for a single bedroom to £279,078 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £623,738. To sum up the asking prices for properties in Palmer Crescent, Ottershaw, Chertsey, KT16 it comes to around average £148,528 for 1 bedroom property, £277,874 for 2 bedroom, £473,893 for 3 bedroom, £624,738 for 4 bedroom and £987,217 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 £1,649 for 1 bedroom to £1,161 for 2 bedrooms, £1,705 for 3 bedrooms, £2,222 for 4 bedrooms and £2,839 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £902. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,186 and £2,019 for 3 bedroom. You should be generally be expecting around average £1,068 rent per month for single bedroom property, £1,182 for 2 bedroom, £1,810 for 3 bedroom, £2,222 for 4 bedroom and approximately £2,839 for a 5 bedroom property in Palmer Crescent, Ottershaw, Chertsey, KT16 area.

Popular Houses in Palmer Crescent, Ottershaw, Chertsey, KT16

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 Palmer Crescent, Ottershaw, Chertsey, KT16