Lucerne Gardens, Hedge End, Southampton, SO30

Street Guide For Lucerne Gardens, Hedge End, Southampton, SO30

 

Lucerne Gardens, Hedge End, Southampton, SO30 Map

Estimated Price: £376,449
Average Asking Price: £286,530
Price change in last one year: £28,082
Average Price Paid: £285,403
Average Rent Rates: £3,506

 

Property Prices Breakdown in Lucerne Gardens, Hedge End, Southampton, SO30

Average Price for property in Lucerne Gardens, Hedge End, Southampton, SO30 is around £376,449 which varies based on type of property you are interested in and ranges from £394,832 for detached house to around £312,108 for semi-detached. Similarly terraced house is around £276,767. Values have been changing and have risen £1,533 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,609 in last 6 months, £28,082 in last 1 year, £45,609 in last 2 years, £50,762 in last 3 years, £44,061 in last 4 years and £45,430 in last 5 years.

Currently average asking price of a property in Lucerne Gardens, Hedge End, Southampton, SO30 is around £286,530 based on approximately 2 properties for sale. Same is the case with rental options based on 36 properties up for rent, average asking rent is around £3,506 per month.

Estimated property value in Lucerne Gardens, Hedge End, Southampton, SO30 is £376,449. Average asking price is £286,530 while average price paid is £350,725 which is up by £28,082 and Avg. asking rent £3,506.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 Lucerne Gardens, Hedge End, Southampton, SO30 area. In last 1 year alone average price buyer paid is around £350,725 based on approximately 2 sales in Lucerne Gardens, Hedge End, Southampton, SO30 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £297,618. 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 £285,403 for 13 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £275,378 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 £92,390, £207,825 for a 2 bedroom house, £309,636 for a 3 bedroom house, £391,805 for a 4 bedroom house and £639,995 for a 5 bedroom house. For a flat similarly the prices varies from £114,288 for a single bedroom to £170,617 for a 2 bedroom Flat. To sum up the asking prices for properties in Lucerne Gardens, Hedge End, Southampton, SO30 it comes to around average £108,206 for 1 bedroom property, £192,740 for 2 bedroom, £309,636 for 3 bedroom, £391,805 for 4 bedroom and £639,995 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 £646 for 1 bedroom to £815 for 2 bedrooms, £1,068 for 3 bedrooms, £3,501 for 4 bedrooms and £1,798 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £575. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £771. You should be generally be expecting around average £589 rent per month for single bedroom property, £784 for 2 bedroom, £1,068 for 3 bedroom, £3,501 for 4 bedroom and approximately £1,798 for a 5 bedroom property in Lucerne Gardens, Hedge End, Southampton, SO30 area.

Popular Houses in Lucerne Gardens, Hedge End, Southampton, SO30

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 Lucerne Gardens, Hedge End, Southampton, SO30