Chapel Rise, Ringwood, BH24

Street Guide For Chapel Rise, Ringwood, BH24

 

Chapel Rise, Ringwood, BH24 Map

Estimated Price: £907,312
Average Asking Price: £642,848
Price change in last one year: £67,635
Average Price Paid: £607,500
Average Rent Rates: £1,790

 

Property Prices Breakdown in Chapel Rise, Ringwood, BH24

Average Price for property in Chapel Rise, Ringwood, BH24 is around £907,312 e.g. average price for detached house is around 907,312. Values have been changing and have risen £7,939 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £26,295 in last 6 months, £67,635 in last 1 year, £121,243 in last 2 years, £118,977 in last 3 years, £121,651 in last 4 years and £106,516 in last 5 years.

Currently average asking price of a property in Chapel Rise, Ringwood, BH24 is around £642,848 based on approximately 1 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £1,790 per month.

Estimated property value in Chapel Rise, Ringwood, BH24 is £907,312. Average asking price is £642,848 while average price paid is £790,000 which is up by £67,635 and Avg. asking rent £1,790.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 Chapel Rise, Ringwood, BH24 area. In last 1 year alone average price buyer paid is around £790,000 based on approximately 1 sales in Chapel Rise, Ringwood, BH24 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £643,333. 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 £607,500 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £607,500 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 £170,112, £439,966 for a 3 bedroom house, £744,277 for a 4 bedroom house and £843,222 for a 5 bedroom house. For a flat similarly the prices varies from £124,714 for a single bedroom to £227,981 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £225,000. To sum up the asking prices for properties in Chapel Rise, Ringwood, BH24 it comes to around average £124,714 for 1 bedroom property, £189,402 for 2 bedroom, £436,322 for 3 bedroom, £744,277 for 4 bedroom and £843,222 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 £1,751 for 3 bedroom to £2,221 for 4 bedroom and £1,950 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £598. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £897. You should be generally be expecting around average £598 rent per month for single bedroom property, £1,580 for 3 bedroom, £2,221 for 4 bedroom and approximately £1,950 for 5 bedroom property in Chapel Rise, Ringwood, BH24 area.

Popular Houses in Chapel Rise, Ringwood, BH24

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 Chapel Rise, Ringwood, BH24