GU5

Real Estate Area Guide For GU5

 

GU5 Map

Estimated Price: £860,413
Average Asking Price: £1,303,952
Price change in last one year: £73,988
Average Price Paid: £637,460
Average Rent Rates: £4,390

 

Property Prices Breakdown in GU5

Average Price for property in GU5 is around £860,413 which varies based on type of property you are interested in and ranges from £1,170,406 for detached house to around £557,343 for semi-detached. Similarly terraced house is around £441,792 and a flat is worth £373,010. Values have been changing and have risen £5,699 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,454 in last 6 months, £73,988 in last 1 year, £120,607 in last 2 years, £120,340 in last 3 years, £130,922 in last 4 years and £148,556 in last 5 years.

Currently average asking price of a property in GU5 is around £1,303,952 based on approximately 121 properties for sale. Same is the case with rental options based on 24 properties up for rent, average asking rent is around £4,390 per month.

Estimated property value in GU5 is £860,413. Average asking price is £1,303,952 while average price paid is £695,229 which is up by £73,988 and Avg. asking rent £4,390.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 GU5 area. In last 1 year alone average price buyer paid is around £695,229 based on approximately 121 sales in GU5 area alone. If you compare it to last 3 years sales of 423 properties where buyers paid around £612,288. 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 £637,460 for 682 and average amount paid for purchase of approx. 918 properties sold in last 7 years comes to about £618,188 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 £392,857, £669,158 for a 3 bedroom house, £991,495 for a 4 bedroom house and £2,291,111 for a 5 bedroom house. For a flat similarly the prices varies from £341,000 for a 2 bedroom to £425,000 for a 3 bedroom Flat. To sum up the asking prices for properties in GU5 it comes to around average £374,000 for 2 bedroom property, £634,279 for 3 bedroom, £991,495 for 4 bedroom and £2,291,111 for 5 bedroom.

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 £1,869 for 2 bedroom to £1,768 for 3 bedroom, £3,010 for 4 bedroom and £20,328 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £823. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £997. You should be generally be expecting around average £823 rent per month for single bedroom property, £1,723 for 2 bedroom, £1,768 for 3 bedroom, £3,010 for 4 bedroom and approximately £20,328 for a 5 bedroom property in GU5 area.

Popular Houses in GU5

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.

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