Lightwater

Area Guide For Lightwater

Lightwater is a town in the Surrey Heath region of Surrey, England, around 27 miles south-west of London. Instantly encompassing towns and towns incorporate Bagshot, Deepcut, Windlesham, Camberley, and West End, Woking. It is limited to the north-west by the M3 motorway and to the north-east by the Lightwater sidesteps. To the south-east it is limited by the Red Road,[clarification needed] while to the south-west there are vehicle-trying tracks claimed by the Ministry of Defence.
The town also has a theme park named Lightwater Valley. Lightwater Valley is an amusement stop in North Stainley, North Yorkshire, England. The theme park center is maybe best known for being the home of Europe's longest roller coaster called “The Ultimate." Lightwater Valley was established by Robert Staveley and at first developed from a little ranch fascination. The park centre includes around 40 different rides furthermore emphasizes a nearby shopping town and restaurant.

 
 

Lightwater Map

Estimated Price: £472,003
Average Asking Price: £703,604
Price change in last one year: £48,714
Average Price Paid: £354,869
Average Rent Rates: £1,840

 
 

Property Prices Breakdown in Lightwater

Average Price for property in Lightwater is around £472,003 which varies based on type of property you are interested in and ranges from £622,345 for detached house to around £367,486 for semi-detached. Similarly terraced house is around £302,551 and a flat is worth £225,273. Values have been changing and have risen £3,902 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,293 in last 6 months, £48,714 in last 1 year, £77,035 in last 2 years, £96,557 in last 3 years, £75,833 in last 4 years and £80,086 in last 5 years.

Currently average asking price of a property in Lightwater is around £703,604 based on approximately 112 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £1,840 per month.

Estimated property value in Lightwater is £472,003. Average asking price is £703,604 while average price paid is £378,563 which is up by £48,714 and Avg. asking rent £1,840.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 Lightwater area. In last 1 year alone average price buyer paid is around £378,563 based on approximately 112 sales in Lightwater area alone. If you compare it to last 3 years sales of 358 properties where buyers paid around £357,736. 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 £354,869 for 559 and average amount paid for purchase of approx. 769 properties sold in last 7 years comes to about £352,406 per sale.

 
 

Properties For Sale in Lightwater

 
 

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 £125,000, £385,000 for a 2 bedroom house, £422,488 for a 3 bedroom house, £659,993 for a 4 bedroom house and £1,115,000 for a 5 bedroom house. For a flat similarly the prices varies from £197,488 for a single bedroom to £225,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Lightwater it comes to around average £182,990 for 1 bedroom property, £278,333 for 2 bedroom, £422,488 for 3 bedroom, £659,993 for 4 bedroom and £1,115,000 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 £1,416 for 3 bedroom to £2,477 for 5 bedroom. You should be generally be expecting around average £1,416 rent per month for 3 bedroom property and approximately £2,476 for 5 bedroom property in Lightwater area.

Popular Houses in Lightwater

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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