Russetts, Langdon Hills, Basildon, SS16

Street Guide For Russetts, Langdon Hills, Basildon, SS16

 

Russetts, Langdon Hills, Basildon, SS16 Map

Estimated Price: £271,002
Average Asking Price: £280,640
Price change in last one year: £22,046
Average Price Paid: £216,277
Average Rent Rates: £868

 

Property Prices Breakdown in Russetts, Langdon Hills, Basildon, SS16

Average Price for property in Russetts, Langdon Hills, Basildon, SS16 is around £271,002 which varies based on type of property you are interested in and ranges from £414,104 for detached house to around £234,674 for semi-detached. Similarly terraced house is around £225,442. Values have been changing and have risen £2,099 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,284 in last 6 months, £22,046 in last 1 year, £35,378 in last 2 years, £34,512 in last 3 years, £32,523 in last 4 years and £38,620 in last 5 years.

Currently average asking price of a property in Russetts, Langdon Hills, Basildon, SS16 is around £280,640 based on approximately 3 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £868 per month.

Estimated property value in Russetts, Langdon Hills, Basildon, SS16 is £271,002. Average asking price is £280,640 while average price paid is £212,666 which is up by £22,046 and Avg. asking rent £868.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 Russetts, Langdon Hills, Basildon, SS16 area. In last 1 year alone average price buyer paid is around £212,666 based on approximately 3 sales in Russetts, Langdon Hills, Basildon, SS16 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £223,499. 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 £216,277 for 9 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £211,863 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 £267,500, £234,642 for a 2 bedroom house, £236,399 for a 3 bedroom house, £395,458 for a 4 bedroom house and £600,000 for a 5 bedroom house. For a flat similarly the prices varies from £106,286 for a single bedroom to £135,778 for a 2 bedroom Flat. To sum up the asking prices for properties in Russetts, Langdon Hills, Basildon, SS16 it comes to around average £142,111 for 1 bedroom property, £195,956 for 2 bedroom, £236,399 for 3 bedroom, £395,458 for 4 bedroom and £600,000 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 £433 for 1 bedroom to £954 for 3 bedroom and £1,272 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £597. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £839. You should be generally be expecting around average £564 rent per month for single bedroom property, £839 for 2 bedroom, £954 for 3 bedroom and approximately £1,272 for 4 bedroom property in Russetts, Langdon Hills, Basildon, SS16 area.

Popular Houses in Russetts, Langdon Hills, Basildon, SS16

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 Russetts, Langdon Hills, Basildon, SS16