Homefield Road, Broadwater, Worthing, BN11

Street Guide For Homefield Road, Broadwater, Worthing, BN11

 

Homefield Road, Broadwater, Worthing, BN11 Map

Estimated Price: £284,484
Average Asking Price: £278,944
Price change in last one year: £21,429
Average Price Paid: £195,583
Average Rent Rates: £1,136

 

Property Prices Breakdown in Homefield Road, Broadwater, Worthing, BN11

Values have been changing and have risen £936 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,047 in last 6 months, £21,429 in last 1 year, £37,463 in last 2 years, £43,412 in last 3 years, £42,412 in last 4 years and £41,284 in last 5 years.

Currently average asking price of a property in Homefield Road, Broadwater, Worthing, BN11 is around £278,944 based on approximately 1 properties for sale. Same is the case with rental options based on 180 properties up for rent, average asking rent is around £1,136 per month.

Estimated property value in Homefield Road, Broadwater, Worthing, BN11 is £284,484. Average asking price is £278,944 while average price paid is £385,000 which is up by £21,429 and Avg. asking rent £1,136.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 Homefield Road, Broadwater, Worthing, BN11 area. In last 1 year alone average price buyer paid is around £385,000 based on approximately 1 sales in Homefield Road, Broadwater, Worthing, BN11 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £202,500. 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 £195,583 for 6 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £238,900 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 £169,344, £264,036 for a 2 bedroom house, £332,298 for a 3 bedroom house, £452,486 for a 4 bedroom house and £581,987 for a 5 bedroom house. For a flat similarly the prices varies from £130,102 for a single bedroom to £232,295 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £350,724 and £825,000 for a 4 bedroom flat. To sum up the asking prices for properties in Homefield Road, Broadwater, Worthing, BN11 it comes to around average £134,587 for 1 bedroom property, £235,254 for 2 bedroom, £341,511 for 3 bedroom, £472,092 for 4 bedroom and £581,987 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 £809 for 1 bedroom to £949 for 2 bedrooms, £1,361 for 3 bedrooms, £1,400 for 4 bedrooms and £1,300 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £659. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £875 and £882 for 3 bedroom. You should be generally be expecting around average £676 rent per month for single bedroom property, £888 for 2 bedroom, £1,137 for 3 bedroom, £1,400 for 4 bedroom and approximately £1,300 for a 5 bedroom property in Homefield Road, Broadwater, Worthing, BN11 area.

Popular Houses in Homefield Road, Broadwater, Worthing, BN11

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 Homefield Road, Broadwater, Worthing, BN11