Springfield Way, Hythe, CT21

Street Guide For Springfield Way, Hythe, CT21

 

Springfield Way, Hythe, CT21 Map

Estimated Price: £193,331
Average Asking Price: £340,691
Price change in last one year: £13,812
Average Price Paid: £176,333
Average Rent Rates: £1,055

 

Property Prices Breakdown in Springfield Way, Hythe, CT21

Average Price for property in Springfield Way, Hythe, CT21 is around £193,331 e.g. average price for semi-detached is around 193,331. Values have been changing and have risen £217 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £519 in last 6 months, £13,812 in last 1 year, £23,474 in last 2 years, £26,221 in last 3 years, £19,558 in last 4 years and £23,688 in last 5 years.

Currently average asking price of a property in Springfield Way, Hythe, CT21 is around £340,691 based on approximately 1 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £1,055 per month.

Estimated property value in Springfield Way, Hythe, CT21 is £193,331. Average asking price is £340,691 while average price paid is £205,000 which is up by £13,812 and Avg. asking rent £1,055.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 Springfield Way, Hythe, CT21 area. In last 1 year alone average price buyer paid is around £205,000 based on approximately 1 sales in Springfield Way, Hythe, CT21 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £188,500. 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 £176,333 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £176,333 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 £86,383, £202,071 for a 2 bedroom house, £320,245 for a 3 bedroom house, £506,576 for a 4 bedroom house and £501,804 for a 5 bedroom house. For a flat similarly the prices varies from £138,325 for a single bedroom to £269,734 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £591,143. To sum up the asking prices for properties in Springfield Way, Hythe, CT21 it comes to around average £107,160 for 1 bedroom property, £246,754 for 2 bedroom, £371,496 for 3 bedroom, £506,576 for 4 bedroom and £501,804 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 £787 for 2 bedroom to £1,300 for 3 bedroom and £1,208 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £565. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £692 and £693 for 3 bedroom. You should be generally be expecting around average £565 rent per month for single bedroom property, £730 for 2 bedroom, £1,098 for 3 bedroom and approximately £1,208 for 4 bedroom property in Springfield Way, Hythe, CT21 area.

Popular Houses in Springfield Way, Hythe, CT21

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 Springfield Way, Hythe, CT21