Butts Ash Lane, Hythe, Southampton, SO45

Street Guide For Butts Ash Lane, Hythe, Southampton, SO45

 
 

Butts Ash Lane, Hythe, Southampton, SO45 Map

Estimated Price: £448,991
Average Asking Price: £360,426
Price change in last one year: £33,739
Average Price Paid: £336,291
Average Rent Rates: £832

Shore Homes LLP
2 HIGH STREET HYTHE HAMPSHIRE SO45 6AH

Free House valuation

 

Property Prices Breakdown in Butts Ash Lane, Hythe, Southampton, SO45

Average Price for property in Butts Ash Lane, Hythe, Southampton, SO45 is around £448,991 which varies based on type of property you are interested in and ranges from £499,167 for detached house to around £466,564 for semi-detached. Similarly terraced house is around £206,051. Values have been changing and have risen £3,601 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,754 in last 6 months, £33,739 in last 1 year, £54,975 in last 2 years, £63,237 in last 3 years, £53,566 in last 4 years and £52,534 in last 5 years.

Currently average asking price of a property in Butts Ash Lane, Hythe, Southampton, SO45 is around £360,426 based on approximately 5 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £832 per month.

Estimated property value in Butts Ash Lane, Hythe, Southampton, SO45 is £448,991. Average asking price is £360,426 while average price paid is £360,600 which is up by £33,739 and Avg. asking rent £832.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 Butts Ash Lane, Hythe, Southampton, SO45 area. In last 1 year alone average price buyer paid is around £360,600 based on approximately 5 sales in Butts Ash Lane, Hythe, Southampton, SO45 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £351,083. 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 £336,291 for 17 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £327,910 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 £86,488, £214,678 for a 2 bedroom house, £281,590 for a 3 bedroom house, £398,187 for a 4 bedroom house and £596,644 for a 5 bedroom house. For a flat similarly the prices varies from £122,211 for a single bedroom to £245,877 for a 2 bedroom Flat. To sum up the asking prices for properties in Butts Ash Lane, Hythe, Southampton, SO45 it comes to around average £111,219 for 1 bedroom property, £224,211 for 2 bedroom, £281,590 for 3 bedroom, £398,187 for 4 bedroom and £596,644 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 £1,081 for 3 bedroom to £1,088 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £599. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £701. You should be generally be expecting around average £599 rent per month for single bedroom property, £701 for 2 bedroom, £1,081 for 3 bedroom and approximately £1,088 for 4 bedroom property in Butts Ash Lane, Hythe, Southampton, SO45 area.

Popular Houses in Butts Ash Lane, Hythe, Southampton, SO45

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 Butts Ash Lane, Hythe, Southampton, SO45