Drabbles Lane, Sandown, PO36

Street Guide For Drabbles Lane, Sandown, PO36

 
 

Drabbles Lane, Sandown, PO36 Map

Estimated Price: £155,220
Average Asking Price: £229,431
Price change in last one year: £10,767
Average Price Paid: £105,500
Average Rent Rates: £693

Red Squirrel Property Shop Ltd
11b Holyrood House, St Thomas Square, Newport, PO3
Red Squirrel Property Shop Ltd
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Property Prices Breakdown in Drabbles Lane, Sandown, PO36

Average Price for property in Drabbles Lane, Sandown, PO36 is around £155,220 which varies based on type of property you are interested in and ranges from £297,898 for detached house to around £159,492 for semi-detached. Similarly terraced house is around £93,464 and a flat is worth £82,618. Values have been changing and have risen £1,617 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,377 in last 6 months, £10,767 in last 1 year, £18,777 in last 2 years, £18,595 in last 3 years, £18,763 in last 4 years and £17,850 in last 5 years.

Currently average asking price of a property in Drabbles Lane, Sandown, PO36 is around £229,431 based on approximately 2 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £693 per month.

Estimated property value in Drabbles Lane, Sandown, PO36 is £155,220. Average asking price is £229,431 while average price paid is £106,250 which is up by £10,767 and Avg. asking rent £693.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 Drabbles Lane, Sandown, PO36 area. In last 1 year alone average price buyer paid is around £106,250 based on approximately 2 sales in Drabbles Lane, Sandown, PO36 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £110,625. 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 £105,500 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £111,642 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 £117,500, £161,299 for a 2 bedroom house, £240,517 for a 3 bedroom house, £310,266 for a 4 bedroom house and £330,707 for a 5 bedroom house. For a flat similarly the prices varies from £85,738 for a single bedroom to £130,010 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £276,658 and £187,500 for a 4 bedroom flat. To sum up the asking prices for properties in Drabbles Lane, Sandown, PO36 it comes to around average £90,275 for 1 bedroom property, £148,783 for 2 bedroom, £243,660 for 3 bedroom, £303,971 for 4 bedroom and £330,707 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 £1,647 for 1 bedroom to £650 for 2 bedroom, £712 for 3 bedroom and £1,085 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £414. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £529 and £598 for 3 bedroom. You should be generally be expecting around average £660 rent per month for single bedroom property, £539 for 2 bedroom, £698 for 3 bedroom and approximately £1,085 for 4 bedroom property in Drabbles Lane, Sandown, PO36 area.

Popular Houses in Drabbles Lane, Sandown, PO36

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 Drabbles Lane, Sandown, PO36