Summer Hill, Chislehurst, BR7

Street Guide For Summer Hill, Chislehurst, BR7

 
 

Summer Hill, Chislehurst, BR7 Map

Estimated Price: £652,545
Average Asking Price: £819,209
Price change in last one year: £58,075
Average Price Paid: £524,375
Average Rent Rates: £1,265

Letzone Property Limited
4 Holmbury Park, Bromley, Kent BR1 2QS, United Kin

Free House valuation

 

Property Prices Breakdown in Summer Hill, Chislehurst, BR7

Average Price for property in Summer Hill, Chislehurst, BR7 is around £652,545 which varies based on type of property you are interested in and ranges from £908,669 for detached house to around £634,387 for semi-detached. Similarly flat is around £402,476. Values have been changing and have risen £4,790 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,375 in last 6 months, £58,075 in last 1 year, £111,287 in last 2 years, £120,400 in last 3 years, £119,708 in last 4 years and £135,886 in last 5 years.

Currently average asking price of a property in Summer Hill, Chislehurst, BR7 is around £819,209 based on approximately 1 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £1,265 per month.

Estimated property value in Summer Hill, Chislehurst, BR7 is £652,545. Average asking price is £819,209 while average price paid is £290,000 which is up by £58,075 and Avg. asking rent £1,265.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 Summer Hill, Chislehurst, BR7 area. In last 1 year alone average price buyer paid is around £290,000 based on approximately 1 sales in Summer Hill, Chislehurst, BR7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £451,250. 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 £524,375 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £427,083 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 £453,738, £544,466 for a 3 bedroom house, £809,389 for a 4 bedroom house and £1,312,333 for a 5 bedroom house. For a flat similarly the prices varies from £180,000 for a single bedroom to £365,703 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £639,999. To sum up the asking prices for properties in Summer Hill, Chislehurst, BR7 it comes to around average £180,000 for 1 bedroom property, £381,013 for 2 bedroom, £564,368 for 3 bedroom, £809,389 for 4 bedroom and £1,312,333 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 £1,300 for 2 bedroom to £1,648 for 3 bedroom, £2,002 for 4 bedroom and £2,752 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £917. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,248 and £1,430 for 3 bedroom. You should be generally be expecting around average £916 rent per month for single bedroom property, £1,253 for 2 bedroom, £1,554 for 3 bedroom, £2,002 for 4 bedroom and approximately £2,752 for a 5 bedroom property in Summer Hill, Chislehurst, BR7 area.

Popular Houses in Summer Hill, Chislehurst, BR7

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 Summer Hill, Chislehurst, BR7