Princes Gate, Princes Avenue, Southminster, CM0

Street Guide For Princes Gate, Princes Avenue, Southminster, CM0

 

Princes Gate, Princes Avenue, Southminster, CM0 Map

Estimated Price: £84,919
Average Asking Price: £375,922
Price change in last one year: £6,519
Average Price Paid: £77,500
Average Rent Rates: £1,260

 

Property Prices Breakdown in Princes Gate, Princes Avenue, Southminster, CM0

Average Price for property in Princes Gate, Princes Avenue, Southminster, CM0 is around £84,919 which varies based on type of property you are interested in and ranges from £79,753 for terraced house to around £85,318 for a flat. Values have been changing and have risen £90 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £113 in last 6 months, £6,519 in last 1 year, £8,531 in last 2 years, £11,884 in last 3 years, £10,048 in last 4 years and £10,472 in last 5 years.

Currently average asking price of a property in Princes Gate, Princes Avenue, Southminster, CM0 is around £375,922 based on approximately 1 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £1,260 per month.

Estimated property value in Princes Gate, Princes Avenue, Southminster, CM0 is £84,919. Average asking price is £375,922 while average price paid is £80,000 which is up by £6,519 and Avg. asking rent £1,260.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 Princes Gate, Princes Avenue, Southminster, CM0 area. In last 1 year alone average price buyer paid is around £80,000 based on approximately 1 sales in Princes Gate, Princes Avenue, Southminster, CM0 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £77,500. 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 £77,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £77,500 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 £62,498, £186,615 for a 2 bedroom house, £250,302 for a 3 bedroom house, £399,633 for a 4 bedroom house and £639,583 for a 5 bedroom house. For a flat similarly the prices varies from £101,833 for a single bedroom to £134,250 for a 2 bedroom Flat. To sum up the asking prices for properties in Princes Gate, Princes Avenue, Southminster, CM0 it comes to around average £86,099 for 1 bedroom property, £179,633 for 2 bedroom, £250,302 for 3 bedroom, £399,633 for 4 bedroom and £639,583 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 is £1,001 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £776. You should be generally be expecting around average £776 rent per month for 2 bedroom property and approximately £1,001 for 4 bedroom property in Princes Gate, Princes Avenue, Southminster, CM0 area.

Popular Houses in Princes Gate, Princes Avenue, Southminster, CM0

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 Princes Gate, Princes Avenue, Southminster, CM0