Weymouth Drive, Chafford Hundred, Grays, RM16

Street Guide For Weymouth Drive, Chafford Hundred, Grays, RM16

 
 

Weymouth Drive, Chafford Hundred, Grays, RM16 Map

Estimated Price: £277,459
Average Asking Price: £335,587
Price change in last one year: £23,051
Average Price Paid: £219,090
Average Rent Rates: £978

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

Free House valuation

 

Property Prices Breakdown in Weymouth Drive, Chafford Hundred, Grays, RM16

Average Price for property in Weymouth Drive, Chafford Hundred, Grays, RM16 is around £277,459 which varies based on type of property you are interested in and ranges from £340,116 for detached house to around £284,522 for semi-detached. Similarly terraced house is around £292,482 and a flat is worth £204,146. Values have been changing and have risen £2,674 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,788 in last 6 months, £23,051 in last 1 year, £46,449 in last 2 years, £43,540 in last 3 years, £44,978 in last 4 years and £48,200 in last 5 years.

Currently average asking price of a property in Weymouth Drive, Chafford Hundred, Grays, RM16 is around £335,587 based on approximately 3 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £978 per month.

Estimated property value in Weymouth Drive, Chafford Hundred, Grays, RM16 is £277,459. Average asking price is £335,587 while average price paid is £260,000 which is up by £23,051 and Avg. asking rent £978.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 Weymouth Drive, Chafford Hundred, Grays, RM16 area. In last 1 year alone average price buyer paid is around £260,000 based on approximately 3 sales in Weymouth Drive, Chafford Hundred, Grays, RM16 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £219,111. 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 £219,090 for 11 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £220,191 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 £135,000, £214,777 for a 2 bedroom house, £292,683 for a 3 bedroom house, £429,749 for a 4 bedroom house and £526,922 for a 5 bedroom house. For a flat similarly the prices varies from £127,748 for a single bedroom to £156,907 for a 2 bedroom Flat. To sum up the asking prices for properties in Weymouth Drive, Chafford Hundred, Grays, RM16 it comes to around average £128,784 for 1 bedroom property, £181,708 for 2 bedroom, £292,683 for 3 bedroom, £429,749 for 4 bedroom and £526,922 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 £368 for 1 bedroom to £979 for 2 bedroom, £1,300 for 3 bedroom and £2,500 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £672. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £947. You should be generally be expecting around average £570 rent per month for single bedroom property, £965 for 2 bedroom, £1,300 for 3 bedroom and approximately £2,500 for 4 bedroom property in Weymouth Drive, Chafford Hundred, Grays, RM16 area.

Popular Houses in Weymouth Drive, Chafford Hundred, Grays, RM16

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 Weymouth Drive, Chafford Hundred, Grays, RM16