The Mead, Bexhill-on-Sea, TN39

Street Guide For The Mead, Bexhill-on-Sea, TN39

 

The Mead, Bexhill-on-Sea, TN39 Map

Estimated Price: £369,794
Average Asking Price: £314,231
Price change in last one year: £32,552
Average Price Paid: £338,400
Average Rent Rates: £893

 

Property Prices Breakdown in The Mead, Bexhill-on-Sea, TN39

Average Price for property in The Mead, Bexhill-on-Sea, TN39 is around £369,794 which varies based on type of property you are interested in and ranges from £369,546 for detached house to around £374,259 for a flat. Values have been changing and have risen £2,070 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,866 in last 6 months, £32,552 in last 1 year, £51,210 in last 2 years, £52,918 in last 3 years, £51,111 in last 4 years and £48,727 in last 5 years.

Currently average asking price of a property in The Mead, Bexhill-on-Sea, TN39 is around £314,231 based on approximately 3 properties for sale. Same is the case with rental options based on 39 properties up for rent, average asking rent is around £893 per month.

Estimated property value in The Mead, Bexhill-on-Sea, TN39 is £369,794. Average asking price is £314,231 while average price paid is £348,333 which is up by £32,552 and Avg. asking rent £893.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 Mead, Bexhill-on-Sea, TN39 area. In last 1 year alone average price buyer paid is around £348,333 based on approximately 3 sales in The Mead, Bexhill-on-Sea, TN39 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £343,000. 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 £338,400 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £338,400 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 £189,950, £231,668 for a 2 bedroom house, £313,349 for a 3 bedroom house, £445,716 for a 4 bedroom house and £563,806 for a 5 bedroom house. For a flat similarly the prices varies from £113,842 for a single bedroom to £159,182 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £234,991, £242,500 for a 4 bedroom flat and £130,000 for a 5 bedroom flat. To sum up the asking prices for properties in The Mead, Bexhill-on-Sea, TN39 it comes to around average £119,696 for 1 bedroom property, £189,626 for 2 bedroom, £295,588 for 3 bedroom, £439,558 for 4 bedroom and £539,706 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 £795 for 2 bedroom to £862 for 3 bedroom and £1,274 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £557. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £666 and £975 for 3 bedroom. You should be generally be expecting around average £557 rent per month for single bedroom property, £730 for 2 bedroom, £919 for 3 bedroom and approximately £1,274 for 4 bedroom property in The Mead, Bexhill-on-Sea, TN39 area.

Popular Houses in The Mead, Bexhill-on-Sea, TN39

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 Mead, Bexhill-on-Sea, TN39