Tongdean Lane, Withdean, Brighton, BN1

Street Guide For Tongdean Lane, Withdean, Brighton, BN1

 

Tongdean Lane, Withdean, Brighton, BN1 Map

Estimated Price: £389,912
Average Asking Price: £482,104
Price change in last one year: £27,033
Average Price Paid: £265,525
Average Rent Rates: £1,822

 

Property Prices Breakdown in Tongdean Lane, Withdean, Brighton, BN1

Average Price for property in Tongdean Lane, Withdean, Brighton, BN1 is around £389,912 which varies based on type of property you are interested in and ranges from £748,729 for detached house to around £543,463 for semi-detached. Similarly flat is around £190,234. Values have been changing and have risen £1,414 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,554 in last 6 months, £27,033 in last 1 year, £48,664 in last 2 years, £57,052 in last 3 years, £60,129 in last 4 years and £58,692 in last 5 years.

Currently average asking price of a property in Tongdean Lane, Withdean, Brighton, BN1 is around £482,104 based on approximately 12 properties for sale. Same is the case with rental options based on 345 properties up for rent, average asking rent is around £1,822 per month.

Estimated property value in Tongdean Lane, Withdean, Brighton, BN1 is £389,912. Average asking price is £482,104 while average price paid is £233,333 which is up by £27,033 and Avg. asking rent £1,822.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 Tongdean Lane, Withdean, Brighton, BN1 area. In last 1 year alone average price buyer paid is around £233,333 based on approximately 12 sales in Tongdean Lane, Withdean, Brighton, BN1 area alone. If you compare it to last 3 years sales of 23 properties where buyers paid around £236,652. 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 £265,525 for 28 and average amount paid for purchase of approx. 31 properties sold in last 7 years comes to about £254,932 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 £184,950, £369,571 for a 2 bedroom house, £546,185 for a 3 bedroom house, £640,010 for a 4 bedroom house and £943,431 for a 5 bedroom house. For a flat similarly the prices varies from £221,999 for a single bedroom to £381,541 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £470,431 and £500,000 for a 4 bedroom flat. To sum up the asking prices for properties in Tongdean Lane, Withdean, Brighton, BN1 it comes to around average £220,352 for 1 bedroom property, £378,805 for 2 bedroom, £525,984 for 3 bedroom, £637,318 for 4 bedroom and £943,431 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 £1,086 for 1 bedroom to £1,346 for 2 bedrooms, £1,539 for 3 bedrooms, £1,973 for 4 bedrooms and £2,163 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £815. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,168, £1,241 for 3 bedroom and £1,762 for 4 bedroom. You should be generally be expecting around average £831 rent per month for single bedroom property, £1,193 for 2 bedroom, £1,452 for 3 bedroom, £1,956 for 4 bedroom and approximately £2,163 for a 5 bedroom property in Tongdean Lane, Withdean, Brighton, BN1 area.

Popular Houses in Tongdean Lane, Withdean, Brighton, BN1

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 Tongdean Lane, Withdean, Brighton, BN1