Madison Avenue, Boscombe, Bournemouth, BH1

Street Guide For Madison Avenue, Boscombe, Bournemouth, BH1

 
 

Madison Avenue, Boscombe, Bournemouth, BH1 Map

Estimated Price: £229,974
Average Asking Price: £225,505
Price change in last one year: £14,213
Average Price Paid: £192,120
Average Rent Rates: £817

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105 - Southbourne Grove, Bournemouth, BH6 3QY

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Property Prices Breakdown in Madison Avenue, Boscombe, Bournemouth, BH1

Average Price for property in Madison Avenue, Boscombe, Bournemouth, BH1 is around £229,974 Values have been changing and have risen £1,143 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,550 in last 6 months, £14,213 in last 1 year, £24,472 in last 2 years, £27,225 in last 3 years, £24,439 in last 4 years and £25,316 in last 5 years.

Currently average asking price of a property in Madison Avenue, Boscombe, Bournemouth, BH1 is around £225,505 based on approximately 397 properties for sale. Same is the case with rental options based on 91 properties up for rent, average asking rent is around £817 per month.

Estimated property value in Madison Avenue, Boscombe, Bournemouth, BH1 is £229,974. Average asking price is £225,505 while average price paid is £190,114 which is up by £14,213 and Avg. asking rent £817.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 Madison Avenue, Boscombe, Bournemouth, BH1 area. In last 1 year alone average price buyer paid is around £190,114 based on approximately 397 sales in Madison Avenue, Boscombe, Bournemouth, BH1 area alone. If you compare it to last 3 years sales of 1,027 properties where buyers paid around £189,552. 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 £192,120 for 1,605 and average amount paid for purchase of approx. 2,250 properties sold in last 7 years comes to about £199,095 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 £169,950, £213,990 for a 2 bedroom house, £291,564 for a 3 bedroom house, £296,650 for a 4 bedroom house and £420,000 for a 5 bedroom house. For a flat similarly the prices varies from £114,301 for a single bedroom to £204,104 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £354,231 and £154,950 for a 4 bedroom flat. To sum up the asking prices for properties in Madison Avenue, Boscombe, Bournemouth, BH1 it comes to around average £117,623 for 1 bedroom property, £204,609 for 2 bedroom, £317,950 for 3 bedroom, £276,407 for 4 bedroom and £420,000 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 £498 for 1 bedroom to £901 for 2 bedrooms, £1,198 for 3 bedrooms, £1,232 for 4 bedrooms and £1,524 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £588. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £820 and £1,064 for 3 bedroom. You should be generally be expecting around average £585 rent per month for single bedroom property, £823 for 2 bedroom, £1,094 for 3 bedroom, £1,232 for 4 bedroom and approximately £1,524 for a 5 bedroom property in Madison Avenue, Boscombe, Bournemouth, BH1 area.

Popular Houses in Madison Avenue, Boscombe, Bournemouth, BH1

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 Madison Avenue, Boscombe, Bournemouth, BH1