Average Price for property in Burgundy Close, Locks Heath, Southampton, SO31 is around £236,414 which varies based on type of property you are interested in and ranges from £230,449 for detached house to around £238,147 for semi-detached. Similarly terraced house is around £226,015. Values have been changing and have risen £919 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,255 in last 6 months, £15,090 in last 1 year, £28,567 in last 2 years, £30,353 in last 3 years, £28,368 in last 4 years and £27,468 in last 5 years.
Currently average asking price of a property in Burgundy Close, Locks Heath, Southampton, SO31 is around £358,708 based on approximately 2 properties for sale. Same is the case with rental options based on 56 properties up for rent, average asking rent is around £1,077 per month.
Estimated property value in Burgundy Close, Locks Heath, Southampton, SO31 is £236,414. Average asking price is £358,708 while average price paid is £222,500 which is up by £15,090 and Avg. asking rent £1,077.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 Burgundy Close, Locks Heath, Southampton, SO31 area. In last 1 year alone average price buyer paid is around £222,500 based on approximately 2 sales in Burgundy Close, Locks Heath, Southampton, SO31 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £218,333. 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 £200,000 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £193,555 per sale.