Dormers Wells Lane, Southall, UB1

Street Guide For Dormers Wells Lane, Southall, UB1

 

Dormers Wells Lane, Southall, UB1 Map

Estimated Price: £303,902
Average Asking Price: £350,939
Price change in last one year: £22,469
Average Price Paid: £203,166
Average Rent Rates: £1,409

 

Property Prices Breakdown in Dormers Wells Lane, Southall, UB1

Average Price for property in Dormers Wells Lane, Southall, UB1 is around £303,902 which varies based on type of property you are interested in and ranges from £521,533 for detached house to around £375,316 for semi-detached. Similarly terraced house is around £264,935 and a flat is worth £212,699. Values have been changing and have risen £2,207 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,005 in last 6 months, £22,469 in last 1 year, £38,168 in last 2 years, £49,109 in last 3 years, £48,129 in last 4 years and £50,502 in last 5 years.

Currently average asking price of a property in Dormers Wells Lane, Southall, UB1 is around £350,939 based on approximately 0 properties for sale. Same is the case with rental options based on 54 properties up for rent, average asking rent is around £1,409 per month.

Estimated property value in Dormers Wells Lane, Southall, UB1 is £303,902. Average asking price is £350,939 while average price paid is £210,200 which is up by £49,109 and Avg. asking rent £1,409.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 Dormers Wells Lane, Southall, UB1 area. In last 3 years alone average price buyer paid is around £210,200 based on approximately 5 sales in Dormers Wells Lane, Southall, UB1 area alone. If you compare it to last 5 years sales of 6 properties where buyers paid around £203,166. 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 £202,318 for 11 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 £1,017,500, £347,040 for a 3 bedroom house, £474,907 for a 4 bedroom house and £498,317 for a 5 bedroom house. For a flat similarly the prices varies from £166,590 for a single bedroom to £218,744 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £228,300. To sum up the asking prices for properties in Dormers Wells Lane, Southall, UB1 it comes to around average £166,590 for 1 bedroom property, £307,494 for 2 bedroom, £336,563 for 3 bedroom, £474,907 for 4 bedroom and £498,317 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 £468 for 1 bedroom to £1,274 for 2 bedrooms, £1,491 for 3 bedrooms, £1,837 for 4 bedrooms and £1,746 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £950. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,152. You should be generally be expecting around average £643 rent per month for single bedroom property, £1,164 for 2 bedroom, £1,491 for 3 bedroom, £1,837 for 4 bedroom and approximately £1,746 for a 5 bedroom property in Dormers Wells Lane, Southall, UB1 area.

Popular Houses in Dormers Wells Lane, Southall, UB1

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.

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