Petal Lane, Newhall, Harlow, CM17

Street Guide For Petal Lane, Newhall, Harlow, CM17

 

Petal Lane, Newhall, Harlow, CM17 Map

Estimated Price: £370,542
Average Asking Price: £611,326
Price change in last one year: £33,467
Average Price Paid: £331,778
Average Rent Rates: £1,067

 

Property Prices Breakdown in Petal Lane, Newhall, Harlow, CM17

Average Price for property in Petal Lane, Newhall, Harlow, CM17 is around £370,542 which varies based on type of property you are interested in and ranges from £370,542 for detached house to around £338,638 for terraced house. Values have been changing and have risen £407 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,296 in last 6 months, £33,467 in last 1 year, £40,524 in last 2 years, £55,841 in last 3 years, £48,437 in last 4 years and £50,309 in last 5 years.

Currently average asking price of a property in Petal Lane, Newhall, Harlow, CM17 is around £611,326 based on approximately 3 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £1,067 per month.

Estimated property value in Petal Lane, Newhall, Harlow, CM17 is £370,542. Average asking price is £611,326 while average price paid is £328,333 which is up by £33,467 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 Petal Lane, Newhall, Harlow, CM17 area. In last 1 year alone average price buyer paid is around £328,333 based on approximately 3 sales in Petal Lane, Newhall, Harlow, CM17 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £331,778. 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 £331,778 for 7 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £331,778 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 2 bedroom is around £253,988, £356,350 for a 3 bedroom house, £518,203 for a 4 bedroom house and £607,850 for a 5 bedroom house. For a flat similarly the prices varies from £164,950 for a single bedroom to £202,665 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £239,950. To sum up the asking prices for properties in Petal Lane, Newhall, Harlow, CM17 it comes to around average £164,950 for 1 bedroom property, £225,994 for 2 bedroom, £351,694 for 3 bedroom, £518,203 for 4 bedroom and £607,850 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 £399 for 1 bedroom to £941 for 2 bedroom and £1,311 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £650. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £866. You should be generally be expecting around average £524 rent per month for single bedroom property, £904 for 2 bedroom and approximately £1,311 for 3 bedroom property in Petal Lane, Newhall, Harlow, CM17 area.

Popular Houses in Petal Lane, Newhall, Harlow, CM17

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 Petal Lane, Newhall, Harlow, CM17