Larkspur Drive, Marchwood, Southampton, SO40

Street Guide For Larkspur Drive, Marchwood, Southampton, SO40

 

Larkspur Drive, Marchwood, Southampton, SO40 Map

Estimated Price: £245,429
Average Asking Price: £326,180
Price change in last one year: £15,072
Average Price Paid: £181,663
Average Rent Rates: £1,375

 

Property Prices Breakdown in Larkspur Drive, Marchwood, Southampton, SO40

Average Price for property in Larkspur Drive, Marchwood, Southampton, SO40 is around £245,429 which varies based on type of property you are interested in and ranges from £334,937 for detached house to around £241,334 for semi-detached. Similarly terraced house is around £203,745. Values have been changing and have risen £1,110 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,033 in last 6 months, £15,072 in last 1 year, £28,248 in last 2 years, £30,210 in last 3 years, £26,586 in last 4 years and £29,486 in last 5 years.

Currently average asking price of a property in Larkspur Drive, Marchwood, Southampton, SO40 is around £326,180 based on approximately 2 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 Larkspur Drive, Marchwood, Southampton, SO40 is £245,429. Average asking price is £326,180 while average price paid is £239,750 which is up by £15,072 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 Larkspur Drive, Marchwood, Southampton, SO40 area. In last 1 year alone average price buyer paid is around £239,750 based on approximately 2 sales in Larkspur Drive, Marchwood, Southampton, SO40 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £190,062. 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 £181,663 for 13 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £190,335 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, £414,366 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 Larkspur Drive, Marchwood, Southampton, SO40 it comes to around average £132,589 for 1 bedroom property, £196,808 for 2 bedroom, £272,317 for 3 bedroom, £414,366 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 £856 for 2 bedrooms, £1,179 for 3 bedrooms, £1,701 for 4 bedrooms and £1,322 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, £849 for 2 bedroom, £1,179 for 3 bedroom, £1,701 for 4 bedroom and approximately £1,322 for a 5 bedroom property in Larkspur Drive, Marchwood, Southampton, SO40 area.

Popular Houses in Larkspur Drive, Marchwood, 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 Larkspur Drive, Marchwood, Southampton, SO40