Knellers Lane, Totton, Southampton, SO40

Street Guide For Knellers Lane, Totton, Southampton, SO40

 

Knellers Lane, Totton, Southampton, SO40 Map

Estimated Price: £389,281
Average Asking Price: £327,065
Price change in last one year: £23,904
Average Price Paid: £256,430
Average Rent Rates: £1,375

 

Property Prices Breakdown in Knellers Lane, Totton, Southampton, SO40

Average Price for property in Knellers Lane, Totton, Southampton, SO40 is around £389,281 which varies based on type of property you are interested in and ranges from £483,242 for detached house to around £340,405 for semi-detached. Similarly terraced house is around £205,153. Values have been changing and have risen £1,760 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,224 in last 6 months, £23,904 in last 1 year, £44,798 in last 2 years, £47,906 in last 3 years, £42,155 in last 4 years and £46,752 in last 5 years.

Currently average asking price of a property in Knellers Lane, Totton, Southampton, SO40 is around £327,065 based on approximately 1 properties for sale. Same is the case with rental options based on 39 properties up for rent, average asking rent is around £1,375 per month.

Estimated property value in Knellers Lane, Totton, Southampton, SO40 is £389,281. Average asking price is £327,065 while average price paid is £411,000 which is up by £23,904 and Avg. asking rent £1,375.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 Knellers Lane, Totton, Southampton, SO40 area. In last 1 year alone average price buyer paid is around £411,000 based on approximately 1 sales in Knellers Lane, Totton, Southampton, SO40 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £245,333. 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 £256,430 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £256,430 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 £155,970, £221,400 for a 2 bedroom house, £276,263 for a 3 bedroom house, £413,869 for a 4 bedroom house and £599,286 for a 5 bedroom house. For a flat similarly the prices varies from £119,600 for a single bedroom to £133,571 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £150,000. To sum up the asking prices for properties in Knellers Lane, Totton, Southampton, SO40 it comes to around average £132,589 for 1 bedroom property, £196,808 for 2 bedroom, £272,317 for 3 bedroom, £413,869 for 4 bedroom and £599,286 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 £535 for 1 bedroom to £860 for 2 bedrooms, £1,132 for 3 bedrooms, £1,701 for 4 bedrooms and £1,395 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £589. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £843. You should be generally be expecting around average £553 rent per month for single bedroom property, £852 for 2 bedroom, £1,132 for 3 bedroom, £1,701 for 4 bedroom and approximately £1,395 for a 5 bedroom property in Knellers Lane, Totton, Southampton, SO40 area.

Popular Houses in Knellers Lane, Totton, Southampton, SO40

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 Knellers Lane, Totton, Southampton, SO40