Wonersh Way, Cheam, Sutton, SM2

Street Guide For Wonersh Way, Cheam, Sutton, SM2

 

Wonersh Way, Cheam, Sutton, SM2 Map

Estimated Price: £761,570
Average Asking Price: £605,278
Price change in last one year: £91,194
Average Price Paid: £567,875
Average Rent Rates: £1,253

 

Property Prices Breakdown in Wonersh Way, Cheam, Sutton, SM2

Average Price for property in Wonersh Way, Cheam, Sutton, SM2 is around £761,570 which varies based on type of property you are interested in and ranges from £756,545 for detached house to around £821,862 for semi-detached. Values have been changing and have risen £11,875 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £36,950 in last 6 months, £91,194 in last 1 year, £144,581 in last 2 years, £155,534 in last 3 years, £172,097 in last 4 years and £158,725 in last 5 years.

Currently average asking price of a property in Wonersh Way, Cheam, Sutton, SM2 is around £605,278 based on approximately 1 properties for sale. Same is the case with rental options based on 73 properties up for rent, average asking rent is around £1,253 per month.

Estimated property value in Wonersh Way, Cheam, Sutton, SM2 is £761,570. Average asking price is £605,278 while average price paid is £641,500 which is up by £91,194 and Avg. asking rent £1,253.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 Wonersh Way, Cheam, Sutton, SM2 area. In last 1 year alone average price buyer paid is around £641,500 based on approximately 1 sales in Wonersh Way, Cheam, Sutton, SM2 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £557,166. 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 £567,875 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £543,583 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 £151,650, £387,500 for a 2 bedroom house, £502,750 for a 3 bedroom house, £691,238 for a 4 bedroom house and £1,559,988 for a 5 bedroom house. For a flat similarly the prices varies from £200,621 for a single bedroom to £280,820 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £311,999. To sum up the asking prices for properties in Wonersh Way, Cheam, Sutton, SM2 it comes to around average £195,180 for 1 bedroom property, £288,178 for 2 bedroom, £446,647 for 3 bedroom, £691,238 for 4 bedroom and £1,559,988 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 £626 for 1 bedroom to £1,439 for 2 bedrooms, £1,730 for 3 bedrooms, £2,496 for 4 bedrooms and £2,500 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £868. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,112 and £1,291 for 3 bedroom. You should be generally be expecting around average £837 rent per month for single bedroom property, £1,155 for 2 bedroom, £1,511 for 3 bedroom, £2,496 for 4 bedroom and approximately £2,500 for a 5 bedroom property in Wonersh Way, Cheam, Sutton, SM2 area.

Popular Houses in Wonersh Way, Cheam, Sutton, SM2

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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