South Gipsy Road, Welling, DA16

Street Guide For South Gipsy Road, Welling, DA16

 

South Gipsy Road, Welling, DA16 Map

Estimated Price: £312,826
Average Asking Price: £318,367
Price change in last one year: £32,918
Average Price Paid: £237,218
Average Rent Rates: £1,023

 

Property Prices Breakdown in South Gipsy Road, Welling, DA16

Average Price for property in South Gipsy Road, Welling, DA16 is around £312,826 which varies based on type of property you are interested in and ranges from £285,821 for detached house to around £334,828 for semi-detached. Similarly terraced house is around £306,854. Values have been changing and have risen £3,558 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,786 in last 6 months, £32,918 in last 1 year, £45,684 in last 2 years, £52,130 in last 3 years, £51,160 in last 4 years and £54,391 in last 5 years.

Currently average asking price of a property in South Gipsy Road, Welling, DA16 is around £318,367 based on approximately 3 properties for sale. Same is the case with rental options based on 24 properties up for rent, average asking rent is around £1,023 per month.

Estimated property value in South Gipsy Road, Welling, DA16 is £312,826. Average asking price is £318,367 while average price paid is £241,666 which is up by £32,918 and Avg. asking rent £1,023.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 South Gipsy Road, Welling, DA16 area. In last 1 year alone average price buyer paid is around £241,666 based on approximately 3 sales in South Gipsy Road, Welling, DA16 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £234,460. 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 £237,218 for 16 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £234,867 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 £289,998, £323,403 for a 3 bedroom house, £368,999 for a 4 bedroom house and £546,667 for a 5 bedroom house. For a flat similarly the prices varies from £173,750 for a single bedroom to £189,983 for a 2 bedroom Flat. To sum up the asking prices for properties in South Gipsy Road, Welling, DA16 it comes to around average £173,750 for 1 bedroom property, £252,492 for 2 bedroom, £323,403 for 3 bedroom, £368,999 for 4 bedroom and £546,667 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 £561 for 1 bedroom to £974 for 2 bedroom, £1,240 for 3 bedroom and £1,376 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £975. You should be generally be expecting around average £561 rent per month for single bedroom property, £974 for 2 bedroom, £1,240 for 3 bedroom and approximately £1,376 for 4 bedroom property in South Gipsy Road, Welling, DA16 area.

Popular Houses in South Gipsy Road, Welling, DA16

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.

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Areas in and around South Gipsy Road, Welling, DA16