Westmoreland Avenue, Hornchurch, RM11

Street Guide For Westmoreland Avenue, Hornchurch, RM11

 
 

Westmoreland Avenue, Hornchurch, RM11 Map

Estimated Price: £513,114
Average Asking Price: £661,560
Price change in last one year: £46,943
Average Price Paid: £424,361
Average Rent Rates: £1,394

Ram Estate Agent
713 Cranbrook Road, Gants Hill, Ilford, Essex, IG2

Free House valuation

 

Property Prices Breakdown in Westmoreland Avenue, Hornchurch, RM11

Average Price for property in Westmoreland Avenue, Hornchurch, RM11 is around £513,114 which varies based on type of property you are interested in and ranges from £599,165 for detached house to around £513,673 for semi-detached. Similarly flat is around £124,956. Values have been changing and have risen £4,886 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,733 in last 6 months, £46,943 in last 1 year, £88,799 in last 2 years, £92,431 in last 3 years, £95,058 in last 4 years and £91,508 in last 5 years.

Currently average asking price of a property in Westmoreland Avenue, Hornchurch, RM11 is around £661,560 based on approximately 3 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £1,394 per month.

Estimated property value in Westmoreland Avenue, Hornchurch, RM11 is £513,114. Average asking price is £661,560 while average price paid is £454,166 which is up by £46,943 and Avg. asking rent £1,394.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 Westmoreland Avenue, Hornchurch, RM11 area. In last 1 year alone average price buyer paid is around £454,166 based on approximately 3 sales in Westmoreland Avenue, Hornchurch, RM11 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £454,470. 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 £424,361 for 13 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £433,658 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 £175,000, £327,856 for a 2 bedroom house, £436,970 for a 3 bedroom house, £622,067 for a 4 bedroom house and £987,914 for a 5 bedroom house. For a flat similarly the prices varies from £187,500 for a single bedroom to £212,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Westmoreland Avenue, Hornchurch, RM11 it comes to around average £185,000 for 1 bedroom property, £274,384 for 2 bedroom, £436,970 for 3 bedroom, £622,067 for 4 bedroom and £987,914 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 £550 for 1 bedroom to £1,482 for 3 bedroom and £1,824 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £813. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,013. You should be generally be expecting around average £725 rent per month for single bedroom property, £1,012 for 2 bedroom, £1,482 for 3 bedroom and approximately £1,824 for 4 bedroom property in Westmoreland Avenue, Hornchurch, RM11 area.

Popular Houses in Westmoreland Avenue, Hornchurch, RM11

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.

Transportation in Westmoreland Avenue, Hornchurch, RM11

Areas in and around Westmoreland Avenue, Hornchurch, RM11