Lennox Road North, Southsea, PO5

Street Guide For Lennox Road North, Southsea, PO5

 

Lennox Road North, Southsea, PO5 Map

Estimated Price: £181,311
Average Asking Price: £233,711
Price change in last one year: £12,921
Average Price Paid: £121,000
Average Rent Rates: £1,196

 

Property Prices Breakdown in Lennox Road North, Southsea, PO5

Average Price for property in Lennox Road North, Southsea, PO5 is around £181,311 which varies based on type of property you are interested in and ranges from £412,095 for semi-detached to around £171,695 for a flat. Values have been changing and have risen £1,170 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,746 in last 6 months, £12,921 in last 1 year, £21,242 in last 2 years, £21,081 in last 3 years, £21,350 in last 4 years and £20,664 in last 5 years.

Currently average asking price of a property in Lennox Road North, Southsea, PO5 is around £233,711 based on approximately 1 properties for sale. Same is the case with rental options based on 446 properties up for rent, average asking rent is around £1,196 per month.

Estimated property value in Lennox Road North, Southsea, PO5 is £181,311. Average asking price is £233,711 while average price paid is £89,000 which is up by £12,921 and Avg. asking rent £1,196.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 Lennox Road North, Southsea, PO5 area. In last 1 year alone average price buyer paid is around £89,000 based on approximately 1 sales in Lennox Road North, Southsea, PO5 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £118,083. 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 £121,000 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £126,050 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 £350,000, £187,449 for a 2 bedroom house, £342,121 for a 3 bedroom house, £428,330 for a 4 bedroom house and £524,995 for a 5 bedroom house. For a flat similarly the prices varies from £109,123 for a single bedroom to £165,048 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £211,250 and £258,750 for a 4 bedroom flat. To sum up the asking prices for properties in Lennox Road North, Southsea, PO5 it comes to around average £113,138 for 1 bedroom property, £168,619 for 2 bedroom, £298,498 for 3 bedroom, £392,629 for 4 bedroom and £524,995 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 £651 for 1 bedroom to £762 for 2 bedrooms, £1,048 for 3 bedrooms, £1,329 for 4 bedrooms and £1,813 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £599. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £813, £980 for 3 bedroom, £1,416 for 4 bedroom and around £1,800 for 5 bedroom flat. You should be generally be expecting around average £609 rent per month for single bedroom property, £806 for 2 bedroom, £1,017 for 3 bedroom, £1,349 for 4 bedroom and approximately £1,812 for a 5 bedroom property in Lennox Road North, Southsea, PO5 area.

Popular Houses in Lennox Road North, Southsea, PO5

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 Lennox Road North, Southsea, PO5