School Lane, Peasmarsh, Rye, TN31

Street Guide For School Lane, Peasmarsh, Rye, TN31

 

School Lane, Peasmarsh, Rye, TN31 Map

Estimated Price: £305,561
Average Asking Price: £429,418
Price change in last one year: £25,591
Average Price Paid: £260,635
Average Rent Rates: £1,215

 

Property Prices Breakdown in School Lane, Peasmarsh, Rye, TN31

Average Price for property in School Lane, Peasmarsh, Rye, TN31 is around £305,561 which varies based on type of property you are interested in and ranges from £319,143 for detached house to around £241,048 for semi-detached. Values have been changing and have risen £1,868 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,388 in last 6 months, £25,591 in last 1 year, £38,193 in last 2 years, £45,211 in last 3 years, £36,927 in last 4 years and £38,904 in last 5 years.

Currently average asking price of a property in School Lane, Peasmarsh, Rye, TN31 is around £429,418 based on approximately 2 properties for sale. Same is the case with rental options based on 35 properties up for rent, average asking rent is around £1,215 per month.

Estimated property value in School Lane, Peasmarsh, Rye, TN31 is £305,561. Average asking price is £429,418 while average price paid is £278,750 which is up by £25,591 and Avg. asking rent £1,215.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 School Lane, Peasmarsh, Rye, TN31 area. In last 1 year alone average price buyer paid is around £278,750 based on approximately 2 sales in School Lane, Peasmarsh, Rye, TN31 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £306,500. 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 £260,635 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £246,327 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 £94,975, £131,453 for a 2 bedroom house, £341,171 for a 3 bedroom house, £608,971 for a 4 bedroom house and £737,908 for a 5 bedroom house. For a flat similarly the prices varies from £137,500 for a single bedroom to £114,156 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £350,000. To sum up the asking prices for properties in School Lane, Peasmarsh, Rye, TN31 it comes to around average £126,869 for 1 bedroom property, £126,264 for 2 bedroom, £341,675 for 3 bedroom, £608,971 for 4 bedroom and £737,908 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 £737 for 1 bedroom to £868 for 2 bedrooms, £1,311 for 3 bedrooms, £2,212 for 4 bedrooms and £1,476 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £498. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £700. You should be generally be expecting around average £618 rent per month for single bedroom property, £840 for 2 bedroom, £1,311 for 3 bedroom, £2,212 for 4 bedroom and approximately £1,476 for a 5 bedroom property in School Lane, Peasmarsh, Rye, TN31 area.

Popular Houses in School Lane, Peasmarsh, Rye, TN31

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 School Lane, Peasmarsh, Rye, TN31