Wellesley Road, Brentwood, CM14

Street Guide For Wellesley Road, Brentwood, CM14

 

Wellesley Road, Brentwood, CM14 Map

Estimated Price: £277,908
Average Asking Price: £480,711
Price change in last one year: £20,686
Average Price Paid: £242,468
Average Rent Rates: £1,708

 

Property Prices Breakdown in Wellesley Road, Brentwood, CM14

Average Price for property in Wellesley Road, Brentwood, CM14 is around £277,908 which varies based on type of property you are interested in and ranges from £301,541 for detached house to around £273,317 for semi-detached. Similarly terraced house is around £282,312 and a flat is worth £214,532. Values have been changing and have risen £607 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,505 in last 6 months, £20,686 in last 1 year, £30,575 in last 2 years, £37,258 in last 3 years, £34,734 in last 4 years and £37,139 in last 5 years.

Currently average asking price of a property in Wellesley Road, Brentwood, CM14 is around £480,711 based on approximately 2 properties for sale. Same is the case with rental options based on 54 properties up for rent, average asking rent is around £1,708 per month.

Estimated property value in Wellesley Road, Brentwood, CM14 is £277,908. Average asking price is £480,711 while average price paid is £238,750 which is up by £20,686 and Avg. asking rent £1,708.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 Wellesley Road, Brentwood, CM14 area. In last 1 year alone average price buyer paid is around £238,750 based on approximately 2 sales in Wellesley Road, Brentwood, CM14 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £240,816. 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 £242,468 for 9 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £235,276 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 £141,749, £299,990 for a 2 bedroom house, £469,937 for a 3 bedroom house, £765,860 for a 4 bedroom house and £924,000 for a 5 bedroom house. For a flat similarly the prices varies from £159,845 for a single bedroom to £290,937 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £430,000 and £540,000 for a 4 bedroom flat. To sum up the asking prices for properties in Wellesley Road, Brentwood, CM14 it comes to around average £155,587 for 1 bedroom property, £292,268 for 2 bedroom, £467,588 for 3 bedroom, £758,332 for 4 bedroom and £924,000 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 £1,070 for 2 bedroom to £1,310 for 3 bedroom, £1,888 for 4 bedroom and £2,994 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £934. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,178 and £997 for 3 bedroom. You should be generally be expecting around average £934 rent per month for single bedroom property, £1,151 for 2 bedroom, £1,247 for 3 bedroom, £1,888 for 4 bedroom and approximately £2,994 for a 5 bedroom property in Wellesley Road, Brentwood, CM14 area.

Popular Houses in Wellesley Road, Brentwood, CM14

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 Wellesley Road, Brentwood, CM14