Ferry Road, East Cowes, PO32

Street Guide For Ferry Road, East Cowes, PO32

 

Ferry Road, East Cowes, PO32 Map

Estimated Price: £161,822
Average Asking Price: £197,772
Price change in last one year: £11,197
Average Price Paid: £95,166
Average Rent Rates: £675

 

Property Prices Breakdown in Ferry Road, East Cowes, PO32

Average Price for property in Ferry Road, East Cowes, PO32 is around £161,822 which varies based on type of property you are interested in and ranges from £259,465 for detached house to around £183,654 for terraced house. Similarly flat is around £105,300. Values have been changing and have risen £1,449 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,180 in last 6 months, £11,197 in last 1 year, £18,395 in last 2 years, £17,310 in last 3 years, £18,135 in last 4 years and £16,922 in last 5 years.

Currently average asking price of a property in Ferry Road, East Cowes, PO32 is around £197,772 based on approximately 1 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £675 per month.

Estimated property value in Ferry Road, East Cowes, PO32 is £161,822. Average asking price is £197,772 while average price paid is £96,000 which is up by £11,197 and Avg. asking rent £675.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 Ferry Road, East Cowes, PO32 area. In last 1 year alone average price buyer paid is around £96,000 based on approximately 1 sales in Ferry Road, East Cowes, PO32 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £105,500. 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 £95,166 for 3 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £108,500 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 2 bedroom is around £146,281, £203,775 for a 3 bedroom house, £244,639 for a 4 bedroom house and £412,500 for a 5 bedroom house. For a flat similarly the prices varies from £116,165 for a single bedroom to £151,216 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £225,000. To sum up the asking prices for properties in Ferry Road, East Cowes, PO32 it comes to around average £116,165 for 1 bedroom property, £148,929 for 2 bedroom, £205,075 for 3 bedroom, £244,639 for 4 bedroom and £412,500 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 £601 for 2 bedroom to £754 for 3 bedroom and £868 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £438. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £612 and £750 for 3 bedroom. You should be generally be expecting around average £438 rent per month for single bedroom property, £609 for 2 bedroom, £753 for 3 bedroom and approximately £868 for 4 bedroom property in Ferry Road, East Cowes, PO32 area.

Popular Houses in Ferry Road, East Cowes, PO32

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 Ferry Road, East Cowes, PO32