Garron Lane, South Ockendon, RM15

Street Guide For Garron Lane, South Ockendon, RM15

 
 

Garron Lane, South Ockendon, RM15 Map

Estimated Price: £195,303
Average Asking Price: £397,209
Price change in last one year: £20,552
Average Price Paid: £164,527
Average Rent Rates: £5,783

 

Property Prices Breakdown in Garron Lane, South Ockendon, RM15

Values have been changing and have risen £2,403 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,460 in last 6 months, £20,552 in last 1 year, £36,823 in last 2 years, £37,056 in last 3 years, £38,054 in last 4 years and £37,242 in last 5 years.

Currently average asking price of a property in Garron Lane, South Ockendon, RM15 is around £397,209 based on approximately 2 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £5,783 per month.

Estimated property value in Garron Lane, South Ockendon, RM15 is £195,303. Average asking price is £397,209 while average price paid is £186,000 which is up by £20,552 and Avg. asking rent £5,783.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 Garron Lane, South Ockendon, RM15 area. In last 1 year alone average price buyer paid is around £186,000 based on approximately 2 sales in Garron Lane, South Ockendon, RM15 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £163,471. 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 £164,527 for 11 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £154,720 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 2 bedroom is around £192,498, £260,089 for a 3 bedroom house, £378,749 for a 4 bedroom house and £450,000 for a 5 bedroom house. For a flat similarly the prices varies from £111,666 for a single bedroom to £140,000 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £135,000. To sum up the asking prices for properties in Garron Lane, South Ockendon, RM15 it comes to around average £111,666 for 1 bedroom property, £181,998 for 2 bedroom, £255,776 for 3 bedroom, £378,749 for 4 bedroom and £450,000 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 £951 for 2 bedroom to £1,033 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £624. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £875. You should be generally be expecting around average £624 rent per month for single bedroom property, £926 for 2 bedroom and approximately £1,033 for 3 bedroom property in Garron Lane, South Ockendon, RM15 area.

Popular Houses in Garron Lane, South Ockendon, RM15

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 Garron Lane, South Ockendon, RM15