Broom Field, Lightwater, GU18

Street Guide For Broom Field, Lightwater, GU18

 

Broom Field, Lightwater, GU18 Map

Estimated Price: £326,537
Average Asking Price: £703,604
Price change in last one year: £28,586
Average Price Paid: £254,563
Average Rent Rates: £1,840

 

Property Prices Breakdown in Broom Field, Lightwater, GU18

Average Price for property in Broom Field, Lightwater, GU18 is around £326,537 which varies based on type of property you are interested in and ranges from £413,460 for detached house to around £340,732 for semi-detached. Similarly terraced house is around £285,338 and a flat is worth £187,913. Values have been changing and have risen £1,979 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,643 in last 6 months, £28,586 in last 1 year, £48,703 in last 2 years, £53,673 in last 3 years, £52,397 in last 4 years and £55,293 in last 5 years.

Currently average asking price of a property in Broom Field, Lightwater, GU18 is around £703,604 based on approximately 5 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £1,840 per month.

Estimated property value in Broom Field, Lightwater, GU18 is £326,537. Average asking price is £703,604 while average price paid is £312,500 which is up by £28,586 and Avg. asking rent £1,840.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 Broom Field, Lightwater, GU18 area. In last 1 year alone average price buyer paid is around £312,500 based on approximately 5 sales in Broom Field, Lightwater, GU18 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £257,437. 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 £254,563 for 23 and average amount paid for purchase of approx. 30 properties sold in last 7 years comes to about £247,278 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 £125,000, £385,000 for a 2 bedroom house, £422,488 for a 3 bedroom house, £659,993 for a 4 bedroom house and £1,236,667 for a 5 bedroom house. For a flat similarly the prices varies from £197,488 for a single bedroom to £225,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Broom Field, Lightwater, GU18 it comes to around average £182,990 for 1 bedroom property, £278,333 for 2 bedroom, £422,488 for 3 bedroom, £659,993 for 4 bedroom and £1,236,667 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 £1,416 for 3 bedroom to £2,477 for 5 bedroom. You should be generally be expecting around average £1,416 rent per month for 3 bedroom property and approximately £2,476 for 5 bedroom property in Broom Field, Lightwater, GU18 area.

Popular Houses in Broom Field, Lightwater, GU18

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 Broom Field, Lightwater, GU18