Forest Gate, Blackfield, Southampton, SO45

Street Guide For Forest Gate, Blackfield, Southampton, SO45

 
 

Forest Gate, Blackfield, Southampton, SO45 Map

Estimated Price: £351,098
Average Asking Price: £359,745
Price change in last one year: £26,383
Average Price Paid: £266,333
Average Rent Rates: £841

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Property Prices Breakdown in Forest Gate, Blackfield, Southampton, SO45

Average Price for property in Forest Gate, Blackfield, Southampton, SO45 is around £351,098 which varies based on type of property you are interested in and ranges from £352,731 for detached house to around £378,229 for semi-detached. Similarly terraced house is around £307,645. Values have been changing and have risen £2,816 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,846 in last 6 months, £26,383 in last 1 year, £42,988 in last 2 years, £49,449 in last 3 years, £41,890 in last 4 years and £41,085 in last 5 years.

Currently average asking price of a property in Forest Gate, Blackfield, Southampton, SO45 is around £359,745 based on approximately 1 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £841 per month.

Estimated property value in Forest Gate, Blackfield, Southampton, SO45 is £351,098. Average asking price is £359,745 while average price paid is £320,000 which is up by £26,383 and Avg. asking rent £841.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 Forest Gate, Blackfield, Southampton, SO45 area. In last 1 year alone average price buyer paid is around £320,000 based on approximately 1 sales in Forest Gate, Blackfield, Southampton, SO45 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £266,333. 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 £266,333 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £266,333 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 £76,190, £213,130 for a 2 bedroom house, £280,089 for a 3 bedroom house, £399,559 for a 4 bedroom house and £596,644 for a 5 bedroom house. For a flat similarly the prices varies from £122,211 for a single bedroom to £245,877 for a 2 bedroom Flat. To sum up the asking prices for properties in Forest Gate, Blackfield, Southampton, SO45 it comes to around average £105,775 for 1 bedroom property, £223,725 for 2 bedroom, £280,089 for 3 bedroom, £399,559 for 4 bedroom and £596,644 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 £1,081 for 3 bedroom to £1,088 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £574. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £701. You should be generally be expecting around average £574 rent per month for single bedroom property, £701 for 2 bedroom, £1,081 for 3 bedroom and approximately £1,088 for 4 bedroom property in Forest Gate, Blackfield, Southampton, SO45 area.

Popular Houses in Forest Gate, Blackfield, Southampton, SO45

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 Forest Gate, Blackfield, Southampton, SO45