Balmoral Road, Salisbury, SP1

Street Guide For Balmoral Road, Salisbury, SP1

 

Balmoral Road, Salisbury, SP1 Map

Estimated Price: £300,444
Average Asking Price: £435,891
Price change in last one year: £21,125
Average Price Paid: £255,834
Average Rent Rates: £955

 

Property Prices Breakdown in Balmoral Road, Salisbury, SP1

Average Price for property in Balmoral Road, Salisbury, SP1 is around £300,444 which varies based on type of property you are interested in and ranges from £321,009 for detached house to around £259,312 for semi-detached. Values have been changing and have risen £2,763 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,583 in last 6 months, £21,125 in last 1 year, £34,340 in last 2 years, £35,327 in last 3 years, £26,105 in last 4 years and £30,544 in last 5 years.

Currently average asking price of a property in Balmoral Road, Salisbury, SP1 is around £435,891 based on approximately 3 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £955 per month.

Estimated property value in Balmoral Road, Salisbury, SP1 is £300,444. Average asking price is £435,891 while average price paid is £286,300 which is up by £21,125 and Avg. asking rent £955.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 Balmoral Road, Salisbury, SP1 area. In last 1 year alone average price buyer paid is around £286,300 based on approximately 3 sales in Balmoral Road, Salisbury, SP1 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £260,077. 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 £255,834 for 16 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £253,732 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 £227,000, £252,740 for a 3 bedroom house, £501,800 for a 4 bedroom house and £554,554 for a 5 bedroom house. For a flat similarly the prices varies from £181,986 for a single bedroom to £141,675 for a 2 bedroom Flat. To sum up the asking prices for properties in Balmoral Road, Salisbury, SP1 it comes to around average £181,986 for 1 bedroom property, £189,078 for 2 bedroom, £252,740 for 3 bedroom, £501,800 for 4 bedroom and £554,554 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 £313 for 1 bedroom to £810 for 2 bedrooms, £912 for 3 bedrooms, £1,148 for 4 bedrooms and £1,798 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £585. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £763 and £997 for 3 bedroom. You should be generally be expecting around average £381 rent per month for single bedroom property, £786 for 2 bedroom, £929 for 3 bedroom, £1,148 for 4 bedroom and approximately £1,798 for a 5 bedroom property in Balmoral Road, Salisbury, SP1 area.

Popular Houses in Balmoral Road, Salisbury, SP1

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 Balmoral Road, Salisbury, SP1