Summerdown Road, Eastbourne, BN20

Street Guide For Summerdown Road, Eastbourne, BN20

 

Summerdown Road, Eastbourne, BN20 Map

Estimated Price: £508,958
Average Asking Price: £316,000
Price change in last one year: £29,951
Average Price Paid: £400,683
Average Rent Rates: £845

 

Property Prices Breakdown in Summerdown Road, Eastbourne, BN20

Average Price for property in Summerdown Road, Eastbourne, BN20 is around £508,958 which varies based on type of property you are interested in and ranges from £775,510 for detached house to around £517,484 for semi-detached. Similarly terraced house is around £219,349. Values have been changing and have risen £3,216 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,449 in last 6 months, £29,951 in last 1 year, £56,484 in last 2 years, £66,600 in last 3 years, £68,450 in last 4 years and £66,790 in last 5 years.

Currently average asking price of a property in Summerdown Road, Eastbourne, BN20 is around £316,000 based on approximately 7 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £845 per month.

Estimated property value in Summerdown Road, Eastbourne, BN20 is £508,958. Average asking price is £316,000 while average price paid is £454,000 which is up by £29,951 and Avg. asking rent £845.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 Summerdown Road, Eastbourne, BN20 area. In last 1 year alone average price buyer paid is around £454,000 based on approximately 7 sales in Summerdown Road, Eastbourne, BN20 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £388,033. 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 £400,683 for 16 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £375,447 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 £69,000, £242,539 for a 2 bedroom house, £352,806 for a 3 bedroom house, £435,905 for a 4 bedroom house and £608,119 for a 5 bedroom house. For a flat similarly the prices varies from £143,107 for a single bedroom to £217,575 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £309,405, £400,000 for a 4 bedroom flat and £749,000 for a 5 bedroom flat. To sum up the asking prices for properties in Summerdown Road, Eastbourne, BN20 it comes to around average £133,844 for 1 bedroom property, £222,160 for 2 bedroom, £341,956 for 3 bedroom, £432,912 for 4 bedroom and £623,772 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 £596 for 1 bedroom to £917 for 2 bedroom, £975 for 3 bedroom and £1,476 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £651. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £837, £1,096 for 3 bedroom and £901 for 4 bedroom. You should be generally be expecting around average £638 rent per month for single bedroom property, £853 for 2 bedroom, £1,036 for 3 bedroom and approximately £1,284 for 4 bedroom property in Summerdown Road, Eastbourne, BN20 area.

Popular Houses in Summerdown Road, Eastbourne, BN20

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 Summerdown Road, Eastbourne, BN20