Weald Hall Lane, Thornwood, Epping, CM16

Street Guide For Weald Hall Lane, Thornwood, Epping, CM16

 

Weald Hall Lane, Thornwood, Epping, CM16 Map

Estimated Price: £374,647
Average Asking Price: £656,867
Price change in last one year: £34,708
Average Price Paid: £231,583
Average Rent Rates: £1,590

 

Property Prices Breakdown in Weald Hall Lane, Thornwood, Epping, CM16

Average Price for property in Weald Hall Lane, Thornwood, Epping, CM16 is around £374,647 which varies based on type of property you are interested in and ranges from £621,949 for detached house to around £418,841 for semi-detached. Similarly terraced house is around £361,592 and a flat is worth £225,007. Values have been changing and have risen £505 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,582 in last 6 months, £34,708 in last 1 year, £45,918 in last 2 years, £56,657 in last 3 years, £52,629 in last 4 years and £54,325 in last 5 years.

Currently average asking price of a property in Weald Hall Lane, Thornwood, Epping, CM16 is around £656,867 based on approximately 1 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £1,590 per month.

Estimated property value in Weald Hall Lane, Thornwood, Epping, CM16 is £374,647. Average asking price is £656,867 while average price paid is £380,000 which is up by £34,708 and Avg. asking rent £1,590.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 Weald Hall Lane, Thornwood, Epping, CM16 area. In last 1 year alone average price buyer paid is around £380,000 based on approximately 1 sales in Weald Hall Lane, Thornwood, Epping, CM16 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £231,583. 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 £231,583 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £219,000 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 £337,500, £440,432 for a 2 bedroom house, £488,829 for a 3 bedroom house, £862,235 for a 4 bedroom house and £1,235,306 for a 5 bedroom house. For a flat similarly the prices varies from £203,749 for a single bedroom to £366,565 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £941,667. To sum up the asking prices for properties in Weald Hall Lane, Thornwood, Epping, CM16 it comes to around average £248,332 for 1 bedroom property, £399,237 for 2 bedroom, £542,104 for 3 bedroom, £862,235 for 4 bedroom and £1,235,306 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 £479 for 1 bedroom to £1,337 for 2 bedrooms, £1,866 for 3 bedrooms, £2,177 for 4 bedrooms and £4,476 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £824. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,250 and £1,600 for 3 bedroom. You should be generally be expecting around average £709 rent per month for single bedroom property, £1,275 for 2 bedroom, £1,796 for 3 bedroom, £2,177 for 4 bedroom and approximately £4,476 for a 5 bedroom property in Weald Hall Lane, Thornwood, Epping, CM16 area.

Popular Houses in Weald Hall Lane, Thornwood, Epping, CM16

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 Weald Hall Lane, Thornwood, Epping, CM16