School Road, Wickham Bishops, Witham, CM8

Street Guide For School Road, Wickham Bishops, Witham, CM8

 

School Road, Wickham Bishops, Witham, CM8 Map

Estimated Price: £502,314
Average Asking Price: £400,214
Price change in last one year: £34,448
Average Price Paid: £410,906
Average Rent Rates: £1,352

 

Property Prices Breakdown in School Road, Wickham Bishops, Witham, CM8

Average Price for property in School Road, Wickham Bishops, Witham, CM8 is around £502,314 e.g. average price for detached house is around 502,314. Values have been changing and have risen £374 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £434 in last 6 months, £34,448 in last 1 year, £56,712 in last 2 years, £74,088 in last 3 years, £62,951 in last 4 years and £68,856 in last 5 years.

Currently average asking price of a property in School Road, Wickham Bishops, Witham, CM8 is around £400,214 based on approximately 0 properties for sale. Same is the case with rental options based on 26 properties up for rent, average asking rent is around £1,352 per month.

Estimated property value in School Road, Wickham Bishops, Witham, CM8 is £502,314. Average asking price is £400,214 while average price paid is £403,859 which is up by £74,088 and Avg. asking rent £1,352.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 Road, Wickham Bishops, Witham, CM8 area. In last 3 years alone average price buyer paid is around £403,859 based on approximately 2 sales in School Road, Wickham Bishops, Witham, CM8 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £410,906. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £420,679 for 4 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 £114,625, £198,662 for a 2 bedroom house, £236,580 for a 3 bedroom house, £408,889 for a 4 bedroom house and £574,958 for a 5 bedroom house. For a flat similarly the prices varies from £121,148 for a single bedroom to £160,600 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £175,000. To sum up the asking prices for properties in School Road, Wickham Bishops, Witham, CM8 it comes to around average £119,614 for 1 bedroom property, £173,287 for 2 bedroom, £233,716 for 3 bedroom, £408,889 for 4 bedroom and £574,958 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 £1,059 for 2 bedroom to £956 for 3 bedroom, £1,200 for 4 bedroom and £2,201 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £555. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £676. You should be generally be expecting around average £554 rent per month for single bedroom property, £867 for 2 bedroom, £956 for 3 bedroom, £1,200 for 4 bedroom and approximately £2,201 for a 5 bedroom property in School Road, Wickham Bishops, Witham, CM8 area.

Popular Houses in School Road, Wickham Bishops, Witham, CM8

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 Road, Wickham Bishops, Witham, CM8