Itchen Avenue, Fair Oak, Eastleigh, SO50

Street Guide For Itchen Avenue, Fair Oak, Eastleigh, SO50

 

Itchen Avenue, Fair Oak, Eastleigh, SO50 Map

Estimated Price: £206,572
Average Asking Price: £274,074
Price change in last one year: £9,403
Average Price Paid: £166,800
Average Rent Rates: £849

 

Property Prices Breakdown in Itchen Avenue, Fair Oak, Eastleigh, SO50

Values have been changing and have risen £1,624 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,843 in last 6 months, £9,403 in last 1 year, £12,900 in last 2 years, £8,783 in last 3 years, £12,276 in last 4 years and £19,069 in last 5 years.

Currently average asking price of a property in Itchen Avenue, Fair Oak, Eastleigh, SO50 is around £274,074 based on approximately 6 properties for sale. Same is the case with rental options based on 49 properties up for rent, average asking rent is around £849 per month.

Estimated property value in Itchen Avenue, Fair Oak, Eastleigh, SO50 is £206,572. Average asking price is £274,074 while average price paid is £193,168 which is up by £9,403 and Avg. asking rent £849.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 Itchen Avenue, Fair Oak, Eastleigh, SO50 area. In last 1 year alone average price buyer paid is around £193,168 based on approximately 6 sales in Itchen Avenue, Fair Oak, Eastleigh, SO50 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £159,068. 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 £166,800 for 19 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £193,168 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 £104,983, £169,225 for a 2 bedroom house, £279,340 for a 3 bedroom house, £478,313 for a 4 bedroom house and £612,500 for a 5 bedroom house. For a flat similarly the prices varies from £110,380 for a single bedroom to £158,565 for a 2 bedroom Flat. To sum up the asking prices for properties in Itchen Avenue, Fair Oak, Eastleigh, SO50 it comes to around average £109,368 for 1 bedroom property, £161,073 for 2 bedroom, £279,340 for 3 bedroom, £478,313 for 4 bedroom and £612,500 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 £444 for 1 bedroom to £1,100 for 3 bedroom, £1,398 for 4 bedroom and £425 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £598. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £717 and £849 for 3 bedroom. You should be generally be expecting around average £459 rent per month for single bedroom property, £717 for 2 bedroom, £1,079 for 3 bedroom, £1,398 for 4 bedroom and approximately £425 for a 5 bedroom property in Itchen Avenue, Fair Oak, Eastleigh, SO50 area.

Popular Houses in Itchen Avenue, Fair Oak, Eastleigh, SO50

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 Itchen Avenue, Fair Oak, Eastleigh, SO50