Reede Road, Dagenham, RM10

Street Guide For Reede Road, Dagenham, RM10

 
 

Reede Road, Dagenham, RM10 Map

Estimated Price: £244,434
Average Asking Price: £264,534
Price change in last one year: £22,601
Average Price Paid: £187,214
Average Rent Rates: £1,355

Ram Estate Agent
713 Cranbrook Road, Gants Hill, Ilford, Essex, IG2

Free House valuation

 

Property Prices Breakdown in Reede Road, Dagenham, RM10

Average Price for property in Reede Road, Dagenham, RM10 is around £244,434 which varies based on type of property you are interested in and ranges from £274,922 for detached house to around £264,022 for semi-detached. Similarly terraced house is around £242,840 and a flat is worth £161,065. Values have been changing and have risen £2,502 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,477 in last 6 months, £22,601 in last 1 year, £44,461 in last 2 years, £44,070 in last 3 years, £45,363 in last 4 years and £45,210 in last 5 years.

Currently average asking price of a property in Reede Road, Dagenham, RM10 is around £264,534 based on approximately 7 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £1,355 per month.

Estimated property value in Reede Road, Dagenham, RM10 is £244,434. Average asking price is £264,534 while average price paid is £221,214 which is up by £22,601 and Avg. asking rent £1,355.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 Reede Road, Dagenham, RM10 area. In last 1 year alone average price buyer paid is around £221,214 based on approximately 7 sales in Reede Road, Dagenham, RM10 area alone. If you compare it to last 3 years sales of 20 properties where buyers paid around £205,700. 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 £187,214 for 35 and average amount paid for purchase of approx. 51 properties sold in last 7 years comes to about £190,396 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 £225,986, £246,188 for a 3 bedroom house, £355,798 for a 4 bedroom house and £300,000 for a 5 bedroom house. For a flat similarly the prices varies from £159,641 for a single bedroom to £169,400 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £189,998. To sum up the asking prices for properties in Reede Road, Dagenham, RM10 it comes to around average £159,641 for 1 bedroom property, £185,568 for 2 bedroom, £241,302 for 3 bedroom, £355,798 for 4 bedroom and £300,000 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 £1,145 for 2 bedroom to £1,274 for 3 bedroom and £1,300 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £835. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,001, £1,215 for 3 bedroom and £1,499 for 4 bedroom. You should be generally be expecting around average £835 rent per month for single bedroom property, £1,124 for 2 bedroom, £1,266 for 3 bedroom and approximately £1,400 for 4 bedroom property in Reede Road, Dagenham, RM10 area.

Popular Houses in Reede Road, Dagenham, RM10

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 Reede Road, Dagenham, RM10