Belvedere

Area Guide For Belvedere

 
 

Belvedere Map

Estimated Price: £239,000
Average Asking Price: £265,310
Price change in last one year: £25,695
Average Price Paid: £178,765
Average Rent Rates: £1,896

 
 

Property Prices Breakdown in Belvedere

Average Price for property in Belvedere is around £239,000 which varies based on type of property you are interested in and ranges from £364,927 for detached house to around £288,872 for semi-detached. Similarly terraced house is around £236,692 and a flat is worth £172,420. Values have been changing and have risen £4,481 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,882 in last 6 months, £25,695 in last 1 year, £46,347 in last 2 years, £41,303 in last 3 years, £39,610 in last 4 years and £40,376 in last 5 years.

Currently average asking price of a property in Belvedere is around £265,310 based on approximately 233 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £1,896 per month.

Estimated property value in Belvedere is £239,000. Average asking price is £265,310 while average price paid is £204,855 which is up by £25,695 and Avg. asking rent £1,896.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 Belvedere area. In last 1 year alone average price buyer paid is around £204,855 based on approximately 233 sales in Belvedere area alone. If you compare it to last 3 years sales of 782 properties where buyers paid around £180,256. 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 £178,765 for 1,146 and average amount paid for purchase of approx. 1,490 properties sold in last 7 years comes to about £178,244 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 £254,995, £297,500 for a 3 bedroom house and £285,000 for a 4 bedroom house. For a flat similarly the prices varies from £133,317 for a single bedroom to £176,428 for a 2 bedroom Flat. To sum up the asking prices for properties in Belvedere it comes to around average £133,317 for 1 bedroom property, £193,887 for 2 bedroom, £297,500 for 3 bedroom and £285,000 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 £839 for 2 bedroom to £1,220 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £751. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,018 and £1,200 for 3 bedroom. You should be generally be expecting around average £751 rent per month for single bedroom property, £982 for 2 bedroom and approximately £1,217 for 3 bedroom property in Belvedere area.

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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