Red House Lane, Bexleyheath, DA6

Street Guide For Red House Lane, Bexleyheath, DA6

 

Red House Lane, Bexleyheath, DA6 Map

Estimated Price: £327,138
Average Asking Price: £400,714
Price change in last one year: £33,396
Average Price Paid: £249,498
Average Rent Rates: £1,315

 

Property Prices Breakdown in Red House Lane, Bexleyheath, DA6

Average Price for property in Red House Lane, Bexleyheath, DA6 is around £327,138 which varies based on type of property you are interested in and ranges from £356,718 for detached house to around £351,084 for semi-detached. Similarly terraced house is around £285,675 and a flat is worth £199,570. Values have been changing and have risen £3,184 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,083 in last 6 months, £33,396 in last 1 year, £46,925 in last 2 years, £54,655 in last 3 years, £55,367 in last 4 years and £57,129 in last 5 years.

Currently average asking price of a property in Red House Lane, Bexleyheath, DA6 is around £400,714 based on approximately 1 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £1,315 per month.

Estimated property value in Red House Lane, Bexleyheath, DA6 is £327,138. Average asking price is £400,714 while average price paid is £362,000 which is up by £33,396 and Avg. asking rent £1,315.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 Red House Lane, Bexleyheath, DA6 area. In last 1 year alone average price buyer paid is around £362,000 based on approximately 1 sales in Red House Lane, Bexleyheath, DA6 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £249,498. 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 £249,498 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £253,499 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 £260,000, £346,818 for a 3 bedroom house, £439,443 for a 4 bedroom house and £791,665 for a 5 bedroom house. For a flat similarly the prices varies from £221,667 for a 2 bedroom to £150,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Red House Lane, Bexleyheath, DA6 it comes to around average £231,250 for 2 bedroom property, £330,416 for 3 bedroom, £439,443 for 4 bedroom and £791,665 for 5 bedroom.

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 £1,499 for 3 bedroom to £1,352 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £962. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £1,001. You should be generally be expecting around average £962 rent per month for 2 bedroom property, £1,250 for 3 bedroom and approximately £1,352 for 4 bedroom property in Red House Lane, Bexleyheath, DA6 area.

Popular Houses in Red House Lane, Bexleyheath, DA6

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.

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