Gore Road, New Milton, BH25

Street Guide For Gore Road, New Milton, BH25

 

Gore Road, New Milton, BH25 Map

Estimated Price: £331,322
Average Asking Price: £390,966
Price change in last one year: £19,809
Average Price Paid: £253,191
Average Rent Rates: £1,575

 

Property Prices Breakdown in Gore Road, New Milton, BH25

Average Price for property in Gore Road, New Milton, BH25 is around £331,322 which varies based on type of property you are interested in and ranges from £383,364 for detached house to around £283,854 for semi-detached. Similarly terraced house is around £273,231 and a flat is worth £131,651. Values have been changing and have risen £1,432 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,505 in last 6 months, £19,809 in last 1 year, £33,001 in last 2 years, £35,177 in last 3 years, £38,893 in last 4 years and £35,425 in last 5 years.

Currently average asking price of a property in Gore Road, New Milton, BH25 is around £390,966 based on approximately 6 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £1,575 per month.

Estimated property value in Gore Road, New Milton, BH25 is £331,322. Average asking price is £390,966 while average price paid is £252,908 which is up by £19,809 and Avg. asking rent £1,575.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 Gore Road, New Milton, BH25 area. In last 1 year alone average price buyer paid is around £252,908 based on approximately 6 sales in Gore Road, New Milton, BH25 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £237,463. 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 £253,191 for 18 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £247,611 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 £72,475, £262,311 for a 2 bedroom house, £398,439 for a 3 bedroom house, £538,552 for a 4 bedroom house and £650,646 for a 5 bedroom house. For a flat similarly the prices varies from £103,131 for a single bedroom to £230,178 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £349,970. To sum up the asking prices for properties in Gore Road, New Milton, BH25 it comes to around average £99,043 for 1 bedroom property, £241,789 for 2 bedroom, £393,951 for 3 bedroom, £538,552 for 4 bedroom and £650,646 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 £849 for 2 bedroom to £1,315 for 3 bedroom, £997 for 4 bedroom and £3,995 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £611. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £784. You should be generally be expecting around average £611 rent per month for single bedroom property, £817 for 2 bedroom, £1,315 for 3 bedroom, £997 for 4 bedroom and approximately £3,995 for a 5 bedroom property in Gore Road, New Milton, BH25 area.

Popular Houses in Gore Road, New Milton, BH25

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 Gore Road, New Milton, BH25