Spells Close, Southminster, CM0

Street Guide For Spells Close, Southminster, CM0

 

Spells Close, Southminster, CM0 Map

Estimated Price: £167,837
Average Asking Price: £375,922
Price change in last one year: £12,879
Average Price Paid: £158,500
Average Rent Rates: £1,260

 

Property Prices Breakdown in Spells Close, Southminster, CM0

Average Price for property in Spells Close, Southminster, CM0 is around £167,837 e.g. average price for semi-detached is around 167,837. Values have been changing and have risen £177 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £220 in last 6 months, £12,879 in last 1 year, £16,851 in last 2 years, £23,472 in last 3 years, £19,840 in last 4 years and £20,674 in last 5 years.

Currently average asking price of a property in Spells Close, Southminster, CM0 is around £375,922 based on approximately 0 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £1,260 per month.

Estimated property value in Spells Close, Southminster, CM0 is £167,837. Average asking price is £375,922 while average price paid is £158,500 which is up by £23,472 and Avg. asking rent £1,260.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 Spells Close, Southminster, CM0 area. In last 3 years alone average price buyer paid is around £158,500 based on approximately 2 sales in Spells Close, Southminster, CM0 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £158,500. 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 £155,400 for 5 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 £62,498, £186,615 for a 2 bedroom house, £250,302 for a 3 bedroom house, £399,633 for a 4 bedroom house and £639,583 for a 5 bedroom house. For a flat similarly the prices varies from £101,833 for a single bedroom to £134,250 for a 2 bedroom Flat. To sum up the asking prices for properties in Spells Close, Southminster, CM0 it comes to around average £86,099 for 1 bedroom property, £179,633 for 2 bedroom, £250,302 for 3 bedroom, £399,633 for 4 bedroom and £639,583 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 is £1,001 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £776. You should be generally be expecting around average £776 rent per month for 2 bedroom property and approximately £1,001 for 4 bedroom property in Spells Close, Southminster, CM0 area.

Popular Houses in Spells Close, Southminster, CM0

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 Spells Close, Southminster, CM0