Cott Lane, Burley, Ringwood, BH24

Street Guide For Cott Lane, Burley, Ringwood, BH24

 

Cott Lane, Burley, Ringwood, BH24 Map

Estimated Price: £1,199,487
Average Asking Price: £639,462
Price change in last one year: £85,512
Average Price Paid: £1,262,500
Average Rent Rates: £1,753

 

Property Prices Breakdown in Cott Lane, Burley, Ringwood, BH24

Average Price for property in Cott Lane, Burley, Ringwood, BH24 is around £1,199,487 e.g. average price for detached house is around 1,199,487. Values have been changing and have risen £10,038 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £33,245 in last 6 months, £85,512 in last 1 year, £153,287 in last 2 years, £150,423 in last 3 years, £153,802 in last 4 years and £134,663 in last 5 years.

Currently average asking price of a property in Cott Lane, Burley, Ringwood, BH24 is around £639,462 based on approximately 0 properties for sale. Same is the case with rental options based on 24 properties up for rent, average asking rent is around £1,753 per month.

Estimated property value in Cott Lane, Burley, Ringwood, BH24 is £1,199,487. Average asking price is £639,462 while average price paid is £1,425,000 which is up by £150,423 and Avg. asking rent £1,753.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 Cott Lane, Burley, Ringwood, BH24 area. In last 3 years alone average price buyer paid is around £1,425,000 based on approximately 1 sales in Cott Lane, Burley, Ringwood, BH24 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £1,262,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £1,170,000 for 3 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, £437,171 for a 3 bedroom house, £748,881 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 Cott Lane, Burley, Ringwood, BH24 it comes to around average £124,714 for 1 bedroom property, £189,402 for 2 bedroom, £433,635 for 3 bedroom, £748,881 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 Cott Lane, Burley, Ringwood, BH24 area.

Popular Houses in Cott Lane, Burley, 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 Cott Lane, Burley, Ringwood, BH24