Virginia Water

Area Guide For Virginia Water

Virginia Water is an affluent village, a lake and, originally, a stream, the village being in the Runnymede Borough Council in Surrey and the bodies of water stretching over the borders of Runnymede, Old Windsor and Sunninghill and Ascot, England. The village takes its name from the lake in the nearby Windsor Great Park. The lake's name was transferred from a previous stream, which was probably named after the 'Virgin Queen', Elizabeth I. Virginia Water Lake lies within Windsor Great Park. It was created from a body of water of the same name: originally little more than a stream, which existed from at least the 17th century and may well be named after Elizabeth I, the Virgin Queen. The lake is mostly in Surrey, though the western extremities are in the civil parishes of Old Windsor and Sunninghill and Ascot in Berkshire. Recently the shores of the lake have been used for lakeside scenes in the Harry Potter films. The lake is also the site of the British record capture of a pike, weighing 58 lb 5oz. During World War II, the lake was drained, as its recognizable shape was thought likely to provide enemy guidance at night to Windsor and to important military targets in the area. The

 
 

Virginia Water Map

Estimated Price: £1,268,556
Average Asking Price: £3,101,223
Price change in last one year: £63,225
Average Price Paid: £967,894
Average Rent Rates: £5,005

 
 

Property Prices Breakdown in Virginia Water

Average Price for property in Virginia Water is around £1,268,556 which varies based on type of property you are interested in and ranges from £1,871,397 for detached house to around £542,527 for semi-detached. Similarly terraced house is around £873,742 and a flat is worth £451,276. Values have been changing and have risen £4,866 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £18,337 in last 6 months, £63,225 in last 1 year, £110,171 in last 2 years, £153,710 in last 3 years, £171,285 in last 4 years and £174,176 in last 5 years.

Currently average asking price of a property in Virginia Water is around £3,101,223 based on approximately 127 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £5,005 per month.

Estimated property value in Virginia Water is £1,268,556. Average asking price is £3,101,223 while average price paid is £967,498 which is up by £63,225 and Avg. asking rent £5,005.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 Virginia Water area. In last 1 year alone average price buyer paid is around £967,498 based on approximately 127 sales in Virginia Water area alone. If you compare it to last 3 years sales of 322 properties where buyers paid around £942,460. 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 £967,894 for 545 and average amount paid for purchase of approx. 757 properties sold in last 7 years comes to about £959,925 per sale.

 
 

Properties For Sale in Virginia Water

 
 

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 £475,000, £1,087,222 for a 3 bedroom house, £1,420,000 for a 4 bedroom house and £2,273,633 for a 5 bedroom house. For a flat similarly the prices varies from £363,333 for a 2 bedroom to £795,000 for a 3 bedroom Flat. Same is the case with 4 bedroom flat £335,000. To sum up the asking prices for properties in Virginia Water it comes to around average £391,250 for 2 bedroom property, £1,058,000 for 3 bedroom, £1,352,187 for 4 bedroom and £2,273,633 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 £1,609 for 2 bedroom to £2,126 for 3 bedroom, £5,621 for 4 bedroom and £6,682 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £1,943. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £1,274. You should be generally be expecting around average £1,789 rent per month for 2 bedroom property, £1,700 for 3 bedroom, £5,621 for 4 bedroom and approximately £6,682 for 5 bedroom property in Virginia Water area.

Popular Houses in Virginia Water

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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