Reedings Way, Sawbridgeworth, CM21

Street Guide For Reedings Way, Sawbridgeworth, CM21

 

Reedings Way, Sawbridgeworth, CM21 Map

Estimated Price: £223,654
Average Asking Price: £711,961
Price change in last one year: £18,491
Average Price Paid: £152,000
Average Rent Rates: £863

 

Property Prices Breakdown in Reedings Way, Sawbridgeworth, CM21

Values have been changing and have risen £1,088 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,819 in last 6 months, £18,491 in last 1 year, £27,183 in last 2 years, £31,795 in last 3 years, £29,023 in last 4 years and £30,734 in last 5 years.

Currently average asking price of a property in Reedings Way, Sawbridgeworth, CM21 is around £711,961 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 £863 per month.

Estimated property value in Reedings Way, Sawbridgeworth, CM21 is £223,654. Average asking price is £711,961 while average price paid is £185,000 which is up by £18,491 and Avg. asking rent £863.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 Reedings Way, Sawbridgeworth, CM21 area. In last 1 year alone average price buyer paid is around £185,000 based on approximately 1 sales in Reedings Way, Sawbridgeworth, CM21 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £152,000. 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 £152,000 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £167,500 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 2 bedroom is around £244,982, £422,494 for a 3 bedroom house, £536,238 for a 4 bedroom house and £1,012,849 for a 5 bedroom house. For a flat similarly the prices varies from £136,200 for a single bedroom to £219,980 for a 2 bedroom Flat. To sum up the asking prices for properties in Reedings Way, Sawbridgeworth, CM21 it comes to around average £136,200 for 1 bedroom property, £229,356 for 2 bedroom, £422,494 for 3 bedroom, £536,238 for 4 bedroom and £1,012,849 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 £1,276 for 3 bedroom to £2,201 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £572. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £823. You should be generally be expecting around average £572 rent per month for single bedroom property, £823 for 2 bedroom, £1,276 for 3 bedroom and approximately £2,201 for 4 bedroom property in Reedings Way, Sawbridgeworth, CM21 area.

Popular Houses in Reedings Way, Sawbridgeworth, CM21

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 Reedings Way, Sawbridgeworth, CM21