Surrey

Area Guide For Surrey

Close to London, Surrey is located towards the south east and is an English County neighbouring Kent, East & West Sussex, Greater London and Hampshire. There is a great variety on offer in Surrey, ranging from accommodation options to entertainment, including a host of great restaurants and pubs. The county is also home to several villages and smaller towns with the countryside providing a magical backdrop for the whole scene. There are several places to visit, including a couple of parks, the British Wildlife Centre, the Brooklands Museum and the London Bus Museum. Golf and Horse Racing facilities are also available along with business and leisure venues.

 
 

Surrey Map

Estimated Price: £532,501
Average Asking Price: £803,368
Price change in last one year: £41,264
Average Price Paid: £420,185
Average Rent Rates: £2,234

 
 

Property Prices Breakdown in Surrey

Average Price for property in Surrey is around £532,501 which varies based on type of property you are interested in and ranges from £834,566 for detached house to around £435,805 for semi-detached. Similarly terraced house is around £383,374 and a flat is worth £283,786. Values have been changing and have risen £1,196 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £431 in last 6 months, £41,264 in last 1 year, £76,396 in last 2 years, £88,931 in last 3 years, £86,475 in last 4 years and £87,710 in last 5 years.

Currently average asking price of a property in Surrey is around £803,368 based on approximately 18,489 properties for sale. Same is the case with rental options based on 4,657 properties up for rent, average asking rent is around £2,234 per month.

Estimated property value in Surrey is £532,501. Average asking price is £803,368 while average price paid is £458,545 which is up by £41,264 and Avg. asking rent £2,234.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 Surrey area. In last 1 year alone average price buyer paid is around £458,545 based on approximately 18,489 sales in Surrey area alone. If you compare it to last 3 years sales of 56,467 properties where buyers paid around £431,342. 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 £420,185 for 91,070 and average amount paid for purchase of approx. 120,411 properties sold in last 7 years comes to about £407,556 per sale.

 
 

Properties For Sale in Surrey

 
 

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 £198,436, £377,094 for a 2 bedroom house, £500,139 for a 3 bedroom house, £791,979 for a 4 bedroom house and £1,453,376 for a 5 bedroom house. For a flat similarly the prices varies from £234,280 for a single bedroom to £339,094 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £575,041, £1,099,834 for a 4 bedroom flat and £1,804,322 for a 5 bedroom flat. To sum up the asking prices for properties in Surrey it comes to around average £227,663 for 1 bedroom property, £352,351 for 2 bedroom, £507,862 for 3 bedroom, £800,608 for 4 bedroom and £1,456,643 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 £945 for 1 bedroom to £1,420 for 2 bedrooms, £1,740 for 3 bedrooms, £2,730 for 4 bedrooms and £4,660 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,101. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,475, £2,187 for 3 bedroom, £2,692 for 4 bedroom and around £2,050 for 5 bedroom flat. You should be generally be expecting around average £1,064 rent per month for single bedroom property, £1,462 for 2 bedroom, £1,833 for 3 bedroom, £2,729 for 4 bedroom and approximately £4,653 for a 5 bedroom property in Surrey area.

Popular Houses in Surrey

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.

Sold Properties in Surrey

Areas in and around Surrey