Park Avenue, Eastbourne, BN21

Street Guide For Park Avenue, Eastbourne, BN21

 

Park Avenue, Eastbourne, BN21 Map

Estimated Price: £388,370
Average Asking Price: £232,089
Price change in last one year: £22,969
Average Price Paid: £316,769
Average Rent Rates: £823

 

Property Prices Breakdown in Park Avenue, Eastbourne, BN21

Average Price for property in Park Avenue, Eastbourne, BN21 is around £388,370 which varies based on type of property you are interested in and ranges from £429,884 for detached house to around £315,109 for semi-detached. Values have been changing and have risen £1,691 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,506 in last 6 months, £22,969 in last 1 year, £49,015 in last 2 years, £52,418 in last 3 years, £54,097 in last 4 years and £51,375 in last 5 years.

Currently average asking price of a property in Park Avenue, Eastbourne, BN21 is around £232,089 based on approximately 4 properties for sale. Same is the case with rental options based on 111 properties up for rent, average asking rent is around £823 per month.

Estimated property value in Park Avenue, Eastbourne, BN21 is £388,370. Average asking price is £232,089 while average price paid is £312,500 which is up by £22,969 and Avg. asking rent £823.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 Park Avenue, Eastbourne, BN21 area. In last 1 year alone average price buyer paid is around £312,500 based on approximately 4 sales in Park Avenue, Eastbourne, BN21 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £352,428. 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 £316,769 for 13 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £302,450 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 £82,188, £217,150 for a 2 bedroom house, £315,818 for a 3 bedroom house, £344,554 for a 4 bedroom house and £453,300 for a 5 bedroom house. For a flat similarly the prices varies from £106,585 for a single bedroom to £166,565 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £301,321, £325,000 for a 4 bedroom flat and £180,000 for a 5 bedroom flat. To sum up the asking prices for properties in Park Avenue, Eastbourne, BN21 it comes to around average £100,844 for 1 bedroom property, £173,526 for 2 bedroom, £309,605 for 3 bedroom, £342,109 for 4 bedroom and £403,609 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 £393 for 1 bedroom to £824 for 2 bedroom and £961 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £552. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £704, £871 for 3 bedroom and £1,452 for 4 bedroom. You should be generally be expecting around average £529 rent per month for single bedroom property, £717 for 2 bedroom, £939 for 3 bedroom and approximately £1,452 for 4 bedroom property in Park Avenue, Eastbourne, BN21 area.

Popular Houses in Park Avenue, Eastbourne, BN21

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 Park Avenue, Eastbourne, BN21