Warren Drive, Hornchurch, RM12

Street Guide For Warren Drive, Hornchurch, RM12

 
 

Warren Drive, Hornchurch, RM12 Map

Estimated Price: £329,925
Average Asking Price: £311,486
Price change in last one year: £28,758
Average Price Paid: £270,642
Average Rent Rates: £1,047

Ram Estate Agent
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Property Prices Breakdown in Warren Drive, Hornchurch, RM12

Average Price for property in Warren Drive, Hornchurch, RM12 is around £329,925 which varies based on type of property you are interested in and ranges from £330,396 for semi-detached to around £327,368 for terraced house. Values have been changing and have risen £2,039 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,989 in last 6 months, £28,758 in last 1 year, £57,362 in last 2 years, £55,434 in last 3 years, £60,047 in last 4 years and £56,857 in last 5 years.

Currently average asking price of a property in Warren Drive, Hornchurch, RM12 is around £311,486 based on approximately 14 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £1,047 per month.

Estimated property value in Warren Drive, Hornchurch, RM12 is £329,925. Average asking price is £311,486 while average price paid is £296,571 which is up by £28,758 and Avg. asking rent £1,047.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 Warren Drive, Hornchurch, RM12 area. In last 1 year alone average price buyer paid is around £296,571 based on approximately 14 sales in Warren Drive, Hornchurch, RM12 area alone. If you compare it to last 3 years sales of 21 properties where buyers paid around £281,785. 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 £270,642 for 35 and average amount paid for purchase of approx. 52 properties sold in last 7 years comes to about £272,700 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 £287,940, £323,888 for a 3 bedroom house, £403,214 for a 4 bedroom house and £407,500 for a 5 bedroom house. For a flat similarly the prices varies from £162,500 for a single bedroom to £191,427 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £205,000. To sum up the asking prices for properties in Warren Drive, Hornchurch, RM12 it comes to around average £162,500 for 1 bedroom property, £259,790 for 2 bedroom, £317,630 for 3 bedroom, £403,214 for 4 bedroom and £407,500 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 £1,248 for 2 bedroom to £1,324 for 3 bedroom, £1,699 for 4 bedroom and £1,798 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £860. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,148 and £1,049 for 3 bedroom. You should be generally be expecting around average £860 rent per month for single bedroom property, £1,182 for 2 bedroom, £1,278 for 3 bedroom, £1,699 for 4 bedroom and approximately £1,798 for a 5 bedroom property in Warren Drive, Hornchurch, RM12 area.

Popular Houses in Warren Drive, Hornchurch, RM12

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.

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Areas in and around Warren Drive, Hornchurch, RM12