Elgin Road, Bournemouth, BH3

Street Guide For Elgin Road, Bournemouth, BH3

 

Elgin Road, Bournemouth, BH3 Map

Estimated Price: £795,304
Average Asking Price: £352,737
Price change in last one year: £56,191
Average Price Paid: £498,833
Average Rent Rates: £1,512

 

Property Prices Breakdown in Elgin Road, Bournemouth, BH3

Average Price for property in Elgin Road, Bournemouth, BH3 is around £795,304 which varies based on type of property you are interested in and ranges from £891,186 for detached house to around £363,832 for a flat. Values have been changing and have risen £4,065 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,589 in last 6 months, £56,191 in last 1 year, £81,519 in last 2 years, £97,852 in last 3 years, £82,022 in last 4 years and £72,123 in last 5 years.

Currently average asking price of a property in Elgin Road, Bournemouth, BH3 is around £352,737 based on approximately 0 properties for sale. Same is the case with rental options based on 66 properties up for rent, average asking rent is around £1,512 per month.

Estimated property value in Elgin Road, Bournemouth, BH3 is £795,304. Average asking price is £352,737 while average price paid is £725,000 which is up by £97,852 and Avg. asking rent £1,512.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 Elgin Road, Bournemouth, BH3 area. In last 3 years alone average price buyer paid is around £725,000 based on approximately 1 sales in Elgin Road, Bournemouth, BH3 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £498,833. 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 £652,750 for 6 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 3 bedroom is around £460,000, £632,490 for a 4 bedroom house and £678,300 for a 5 bedroom house. For a flat similarly the prices varies from £104,570 for a single bedroom to £228,625 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £256,970. To sum up the asking prices for properties in Elgin Road, Bournemouth, BH3 it comes to around average £104,570 for 1 bedroom property, £228,625 for 2 bedroom, £375,404 for 3 bedroom, £632,490 for 4 bedroom and £678,300 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 £650 for 1 bedroom to £702 for 2 bedroom, £1,592 for 4 bedroom and £1,796 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £857. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £891, £1,093 for 3 bedroom, £1,425 for 4 bedroom and around £1,599 for 5 bedroom flat. You should be generally be expecting around average £805 rent per month for single bedroom property, £868 for 2 bedroom, £1,093 for 3 bedroom, £1,531 for 4 bedroom and approximately £1,772 for a 5 bedroom property in Elgin Road, Bournemouth, BH3 area.

Popular Houses in Elgin Road, Bournemouth, BH3

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 Elgin Road, Bournemouth, BH3