Grove Place, Southampton, SO19

Street Guide For Grove Place, Southampton, SO19

 

Grove Place, Southampton, SO19 Map

Estimated Price: £291,032
Average Asking Price: £182,341
Price change in last one year: £21,705
Average Price Paid: £292,044
Average Rent Rates: £758

 

Property Prices Breakdown in Grove Place, Southampton, SO19

Average Price for property in Grove Place, Southampton, SO19 is around £291,032 which varies based on type of property you are interested in and ranges from £221,013 for detached house to around £253,646 for terraced house. Similarly flat is around £319,292. Values have been changing and have risen £1,269 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,888 in last 6 months, £21,705 in last 1 year, £34,049 in last 2 years, £37,250 in last 3 years, £30,339 in last 4 years and £34,333 in last 5 years.

Currently average asking price of a property in Grove Place, Southampton, SO19 is around £182,341 based on approximately 6 properties for sale. Same is the case with rental options based on 61 properties up for rent, average asking rent is around £758 per month.

Estimated property value in Grove Place, Southampton, SO19 is £291,032. Average asking price is £182,341 while average price paid is £267,958 which is up by £21,705 and Avg. asking rent £758.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 Grove Place, Southampton, SO19 area. In last 1 year alone average price buyer paid is around £267,958 based on approximately 6 sales in Grove Place, Southampton, SO19 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £283,232. 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 £292,044 for 39 and average amount paid for purchase of approx. 42 properties sold in last 7 years comes to about £285,232 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 £101,225, £183,289 for a 2 bedroom house, £215,080 for a 3 bedroom house, £326,442 for a 4 bedroom house and £275,000 for a 5 bedroom house. For a flat similarly the prices varies from £102,416 for a single bedroom to £140,493 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £188,500. To sum up the asking prices for properties in Grove Place, Southampton, SO19 it comes to around average £102,377 for 1 bedroom property, £155,927 for 2 bedroom, £213,681 for 3 bedroom, £326,442 for 4 bedroom and £275,000 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 £474 for 1 bedroom to £698 for 2 bedroom, £884 for 3 bedroom and £1,200 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £551. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £668. You should be generally be expecting around average £536 rent per month for single bedroom property, £673 for 2 bedroom, £884 for 3 bedroom and approximately £1,200 for 4 bedroom property in Grove Place, Southampton, SO19 area.

Popular Houses in Grove Place, Southampton, SO19

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 Grove Place, Southampton, SO19