Pear Tree Lane, Shorne, Gravesend, DA12

Street Guide For Pear Tree Lane, Shorne, Gravesend, DA12

 

Pear Tree Lane, Shorne, Gravesend, DA12 Map

Estimated Price: £1,025,665
Average Asking Price: £274,107
Price change in last one year: £90,993
Average Price Paid: £850,000
Average Rent Rates: £1,067

 

Property Prices Breakdown in Pear Tree Lane, Shorne, Gravesend, DA12

Average Price for property in Pear Tree Lane, Shorne, Gravesend, DA12 is around £1,025,665 e.g. average price for detached house is around 1,025,665. Values have been changing and have risen £12,634 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £43,704 in last 6 months, £90,993 in last 1 year, £136,922 in last 2 years, £165,248 in last 3 years, £164,945 in last 4 years and £174,452 in last 5 years.

Currently average asking price of a property in Pear Tree Lane, Shorne, Gravesend, DA12 is around £274,107 based on approximately 1 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £1,067 per month.

Estimated property value in Pear Tree Lane, Shorne, Gravesend, DA12 is £1,025,665. Average asking price is £274,107 while average price paid is £770,000 which is up by £90,993 and Avg. asking rent £1,067.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 Pear Tree Lane, Shorne, Gravesend, DA12 area. In last 1 year alone average price buyer paid is around £770,000 based on approximately 1 sales in Pear Tree Lane, Shorne, Gravesend, DA12 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £812,500. 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 £850,000 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £842,500 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 £107,835, £203,193 for a 2 bedroom house, £279,891 for a 3 bedroom house, £476,582 for a 4 bedroom house and £325,000 for a 5 bedroom house. For a flat similarly the prices varies from £126,029 for a single bedroom to £162,897 for a 2 bedroom Flat. To sum up the asking prices for properties in Pear Tree Lane, Shorne, Gravesend, DA12 it comes to around average £120,722 for 1 bedroom property, £183,045 for 2 bedroom, £279,891 for 3 bedroom, £476,582 for 4 bedroom and £325,000 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 £676 for 1 bedroom to £810 for 2 bedroom, £1,028 for 3 bedroom and £1,683 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £624. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £777. You should be generally be expecting around average £641 rent per month for single bedroom property, £783 for 2 bedroom, £1,028 for 3 bedroom and approximately £1,683 for 4 bedroom property in Pear Tree Lane, Shorne, Gravesend, DA12 area.

Popular Houses in Pear Tree Lane, Shorne, Gravesend, DA12

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 Pear Tree Lane, Shorne, Gravesend, DA12