Parsonage Road, Grays, RM20

Street Guide For Parsonage Road, Grays, RM20

 
 

Parsonage Road, Grays, RM20 Map

Estimated Price: £117,287
Average Asking Price: £262,981
Price change in last one year: £10,722
Average Price Paid: £96,698
Average Rent Rates: £3,628

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

Free House valuation

 

Property Prices Breakdown in Parsonage Road, Grays, RM20

Average Price for property in Parsonage Road, Grays, RM20 is around £117,287 which varies based on type of property you are interested in and ranges from £222,351 for detached house to around £202,920 for semi-detached. Similarly terraced house is around £188,275 and a flat is worth £96,280. Values have been changing and have risen £1,181 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,847 in last 6 months, £10,722 in last 1 year, £21,057 in last 2 years, £20,359 in last 3 years, £21,674 in last 4 years and £21,004 in last 5 years.

Currently average asking price of a property in Parsonage Road, Grays, RM20 is around £262,981 based on approximately 10 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £3,628 per month.

Estimated property value in Parsonage Road, Grays, RM20 is £117,287. Average asking price is £262,981 while average price paid is £92,550 which is up by £10,722 and Avg. asking rent £3,628.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 Parsonage Road, Grays, RM20 area. In last 1 year alone average price buyer paid is around £92,550 based on approximately 10 sales in Parsonage Road, Grays, RM20 area alone. If you compare it to last 3 years sales of 33 properties where buyers paid around £97,121. 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 £96,698 for 45 and average amount paid for purchase of approx. 57 properties sold in last 7 years comes to about £99,497 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 £176,663, £224,329 for a 3 bedroom house and £293,328 for a 4 bedroom house. For a flat similarly the prices varies from £97,498 for a single bedroom to £157,498 for a 2 bedroom Flat. To sum up the asking prices for properties in Parsonage Road, Grays, RM20 it comes to around average £97,498 for 1 bedroom property, £164,685 for 2 bedroom, £224,329 for 3 bedroom and £293,328 for 4 bedroom.

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 £849 for 2 bedroom to £966 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £576. 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 £576 rent per month for single bedroom property, £867 for 2 bedroom and approximately £966 for 3 bedroom property in Parsonage Road, Grays, RM20 area.

Popular Houses in Parsonage Road, Grays, RM20

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 Parsonage Road, Grays, RM20