Ferris Avenue, Bournemouth, BH8

Street Guide For Ferris Avenue, Bournemouth, BH8

 
 

Ferris Avenue, Bournemouth, BH8 Map

Estimated Price: £299,711
Average Asking Price: £273,486
Price change in last one year: £21,478
Average Price Paid: £236,166
Average Rent Rates: £1,857

Belvoir Bournemouth
122-124 Castle Lane West Bournemouth, BH9 3JU

Free House valuation

 

Property Prices Breakdown in Ferris Avenue, Bournemouth, BH8

Average Price for property in Ferris Avenue, Bournemouth, BH8 is around £299,711 e.g. average price for detached house is around 299,711. Values have been changing and have risen £1,601 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,756 in last 6 months, £21,478 in last 1 year, £34,786 in last 2 years, £33,068 in last 3 years, £39,232 in last 4 years and £32,226 in last 5 years.

Currently average asking price of a property in Ferris Avenue, Bournemouth, BH8 is around £273,486 based on approximately 1 properties for sale. Same is the case with rental options based on 246 properties up for rent, average asking rent is around £1,857 per month.

Estimated property value in Ferris Avenue, Bournemouth, BH8 is £299,711. Average asking price is £273,486 while average price paid is £242,000 which is up by £21,478 and Avg. asking rent £1,857.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 Ferris Avenue, Bournemouth, BH8 area. In last 1 year alone average price buyer paid is around £242,000 based on approximately 1 sales in Ferris Avenue, Bournemouth, BH8 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £231,750. 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 £236,166 for 3 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £228,428 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 £169,950, £220,225 for a 2 bedroom house, £289,769 for a 3 bedroom house, £431,829 for a 4 bedroom house and £683,317 for a 5 bedroom house. For a flat similarly the prices varies from £120,723 for a single bedroom to £165,649 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £214,972. To sum up the asking prices for properties in Ferris Avenue, Bournemouth, BH8 it comes to around average £122,018 for 1 bedroom property, £173,309 for 2 bedroom, £268,732 for 3 bedroom, £431,829 for 4 bedroom and £683,317 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 £399 for 1 bedroom to £713 for 2 bedrooms, £1,001 for 3 bedrooms, £1,352 for 4 bedrooms and £1,716 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £563. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £754, £1,056 for 3 bedroom, £1,247 for 4 bedroom and around £1,656 for 5 bedroom flat. You should be generally be expecting around average £552 rent per month for single bedroom property, £751 for 2 bedroom, £1,030 for 3 bedroom, £1,339 for 4 bedroom and approximately £1,710 for a 5 bedroom property in Ferris Avenue, Bournemouth, BH8 area.

Popular Houses in Ferris Avenue, Bournemouth, BH8

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 Ferris Avenue, Bournemouth, BH8