Elm Road, Winchester, SO22

Street Guide For Elm Road, Winchester, SO22

 

Elm Road, Winchester, SO22 Map

Estimated Price: £509,041
Average Asking Price: £549,118
Price change in last one year: £28,807
Average Price Paid: £480,787
Average Rent Rates: £1,528

 

Property Prices Breakdown in Elm Road, Winchester, SO22

Values have been changing and have risen £649 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £99 in last 6 months, £28,807 in last 1 year, £67,065 in last 2 years, £63,002 in last 3 years, £55,902 in last 4 years and £61,991 in last 5 years.

Currently average asking price of a property in Elm Road, Winchester, SO22 is around £549,118 based on approximately 2 properties for sale. Same is the case with rental options based on 91 properties up for rent, average asking rent is around £1,528 per month.

Estimated property value in Elm Road, Winchester, SO22 is £509,041. Average asking price is £549,118 while average price paid is £330,000 which is up by £28,807 and Avg. asking rent £1,528.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 Road, Winchester, SO22 area. In last 1 year alone average price buyer paid is around £330,000 based on approximately 2 sales in Elm Road, Winchester, SO22 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £447,010. 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 £480,787 for 16 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £435,733 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 £70,800, £382,975 for a 2 bedroom house, £442,506 for a 3 bedroom house, £746,463 for a 4 bedroom house and £1,086,495 for a 5 bedroom house. For a flat similarly the prices varies from £216,414 for a single bedroom to £332,726 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £623,333. To sum up the asking prices for properties in Elm Road, Winchester, SO22 it comes to around average £170,909 for 1 bedroom property, £352,177 for 2 bedroom, £461,880 for 3 bedroom, £746,463 for 4 bedroom and £1,086,495 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 £665 for 1 bedroom to £1,247 for 2 bedrooms, £1,324 for 3 bedrooms, £1,769 for 4 bedrooms and £2,481 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £768. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,040 and £1,198 for 3 bedroom. You should be generally be expecting around average £727 rent per month for single bedroom property, £1,133 for 2 bedroom, £1,296 for 3 bedroom, £1,769 for 4 bedroom and approximately £2,481 for a 5 bedroom property in Elm Road, Winchester, SO22 area.

Popular Houses in Elm Road, Winchester, SO22

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 Road, Winchester, SO22