Elm Grove, Eastleigh, SO50

Street Guide For Elm Grove, Eastleigh, SO50

 

Elm Grove, Eastleigh, SO50 Map

Estimated Price: £216,380
Average Asking Price: £351,816
Price change in last one year: £18,336
Average Price Paid: £194,250
Average Rent Rates: £2,375

 

Property Prices Breakdown in Elm Grove, Eastleigh, SO50

Average Price for property in Elm Grove, Eastleigh, SO50 is around £216,380 e.g. average price for semi-detached is around 216,380. Values have been changing and have risen £1,873 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,604 in last 6 months, £18,336 in last 1 year, £27,691 in last 2 years, £31,302 in last 3 years, £27,054 in last 4 years and £30,628 in last 5 years.

Currently average asking price of a property in Elm Grove, Eastleigh, SO50 is around £351,816 based on approximately 2 properties for sale. Same is the case with rental options based on 55 properties up for rent, average asking rent is around £2,375 per month.

Estimated property value in Elm Grove, Eastleigh, SO50 is £216,380. Average asking price is £351,816 while average price paid is £209,500 which is up by £18,336 and Avg. asking rent £2,375.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 Elm Grove, Eastleigh, SO50 area. In last 1 year alone average price buyer paid is around £209,500 based on approximately 2 sales in Elm Grove, Eastleigh, SO50 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £209,500. 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 £194,250 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £191,400 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 £104,983, £169,225 for a 2 bedroom house, £279,340 for a 3 bedroom house, £478,313 for a 4 bedroom house and £612,500 for a 5 bedroom house. For a flat similarly the prices varies from £110,380 for a single bedroom to £158,565 for a 2 bedroom Flat. To sum up the asking prices for properties in Elm Grove, Eastleigh, SO50 it comes to around average £109,368 for 1 bedroom property, £161,073 for 2 bedroom, £279,340 for 3 bedroom, £478,313 for 4 bedroom and £612,500 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 £444 for 1 bedroom to £1,100 for 3 bedroom, £1,398 for 4 bedroom and £425 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 2 bedroom flat it will be around £717 and £849 for 3 bedroom. You should be generally be expecting around average £459 rent per month for single bedroom property, £717 for 2 bedroom, £1,079 for 3 bedroom, £1,398 for 4 bedroom and approximately £425 for a 5 bedroom property in Elm Grove, Eastleigh, SO50 area.

Popular Houses in Elm Grove, Eastleigh, SO50

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 Elm Grove, Eastleigh, SO50