The Drive, Cranleigh, GU6

Street Guide For The Drive, Cranleigh, GU6

 

The Drive, Cranleigh, GU6 Map

Estimated Price: £461,401
Average Asking Price: £829,318
Price change in last one year: £38,820
Average Price Paid: £454,166
Average Rent Rates: £3,584

 

Property Prices Breakdown in The Drive, Cranleigh, GU6

Average Price for property in The Drive, Cranleigh, GU6 is around £461,401 which varies based on type of property you are interested in and ranges from £548,704 for detached house to around £393,847 for semi-detached. Similarly flat is around £174,023. Values have been changing and have risen £1,243 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £814 in last 6 months, £38,820 in last 1 year, £63,279 in last 2 years, £68,814 in last 3 years, £69,541 in last 4 years and £76,135 in last 5 years.

Currently average asking price of a property in The Drive, Cranleigh, GU6 is around £829,318 based on approximately 2 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £3,584 per month.

Estimated property value in The Drive, Cranleigh, GU6 is £461,401. Average asking price is £829,318 while average price paid is £580,000 which is up by £38,820 and Avg. asking rent £3,584.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 The Drive, Cranleigh, GU6 area. In last 1 year alone average price buyer paid is around £580,000 based on approximately 2 sales in The Drive, Cranleigh, GU6 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £495,000. 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 £454,166 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £431,428 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 £181,667, £291,668 for a 2 bedroom house, £475,392 for a 3 bedroom house, £737,133 for a 4 bedroom house and £1,411,212 for a 5 bedroom house. For a flat similarly the prices varies from £129,950 for a single bedroom to £302,488 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £599,950. To sum up the asking prices for properties in The Drive, Cranleigh, GU6 it comes to around average £168,738 for 1 bedroom property, £293,471 for 2 bedroom, £481,324 for 3 bedroom, £737,133 for 4 bedroom and £1,411,212 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 £793 for 1 bedroom to £1,904 for 3 bedroom, £2,358 for 4 bedroom and £6,500 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £700. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,349. You should be generally be expecting around average £731 rent per month for single bedroom property, £1,349 for 2 bedroom, £1,904 for 3 bedroom, £2,358 for 4 bedroom and approximately £6,500 for a 5 bedroom property in The Drive, Cranleigh, GU6 area.

Popular Houses in The Drive, Cranleigh, GU6

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 The Drive, Cranleigh, GU6