Sheering Mill Lane, Sawbridgeworth, CM21

Street Guide For Sheering Mill Lane, Sawbridgeworth, CM21

 

Sheering Mill Lane, Sawbridgeworth, CM21 Map

Estimated Price: £387,346
Average Asking Price: £711,961
Price change in last one year: £32,250
Average Price Paid: £301,611
Average Rent Rates: £863

 

Property Prices Breakdown in Sheering Mill Lane, Sawbridgeworth, CM21

Average Price for property in Sheering Mill Lane, Sawbridgeworth, CM21 is around £387,346 which varies based on type of property you are interested in and ranges from £506,123 for detached house to around £405,037 for semi-detached. Similarly terraced house is around £287,722. Values have been changing and have risen £1,896 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,914 in last 6 months, £32,250 in last 1 year, £47,405 in last 2 years, £55,443 in last 3 years, £50,605 in last 4 years and £53,584 in last 5 years.

Currently average asking price of a property in Sheering Mill Lane, Sawbridgeworth, CM21 is around £711,961 based on approximately 5 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 Sheering Mill Lane, Sawbridgeworth, CM21 is £387,346. Average asking price is £711,961 while average price paid is £291,190 which is up by £32,250 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 Sheering Mill Lane, Sawbridgeworth, CM21 area. In last 1 year alone average price buyer paid is around £291,190 based on approximately 5 sales in Sheering Mill Lane, Sawbridgeworth, CM21 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £322,493. 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 £301,611 for 13 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £294,729 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 Sheering Mill Lane, 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 Sheering Mill Lane, Sawbridgeworth, CM21 area.

Popular Houses in Sheering Mill Lane, 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 Sheering Mill Lane, Sawbridgeworth, CM21