Mead Crescent, Southampton, SO18

Street Guide For Mead Crescent, Southampton, SO18

 

Mead Crescent, Southampton, SO18 Map

Estimated Price: £264,233
Average Asking Price: £219,179
Price change in last one year: £17,653
Average Price Paid: £219,551
Average Rent Rates: £707

 

Property Prices Breakdown in Mead Crescent, Southampton, SO18

Average Price for property in Mead Crescent, Southampton, SO18 is around £264,233 which varies based on type of property you are interested in and ranges from £274,540 for detached house to around £257,146 for semi-detached. Values have been changing and have risen £791 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,373 in last 6 months, £17,653 in last 1 year, £30,441 in last 2 years, £32,760 in last 3 years, £28,425 in last 4 years and £28,610 in last 5 years.

Currently average asking price of a property in Mead Crescent, Southampton, SO18 is around £219,179 based on approximately 3 properties for sale. Same is the case with rental options based on 65 properties up for rent, average asking rent is around £707 per month.

Estimated property value in Mead Crescent, Southampton, SO18 is £264,233. Average asking price is £219,179 while average price paid is £252,333 which is up by £17,653 and Avg. asking rent £707.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 Mead Crescent, Southampton, SO18 area. In last 1 year alone average price buyer paid is around £252,333 based on approximately 3 sales in Mead Crescent, Southampton, SO18 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £238,086. 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 £219,551 for 10 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £219,209 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 £114,312, £223,614 for a 2 bedroom house, £237,267 for a 3 bedroom house, £324,524 for a 4 bedroom house and £401,812 for a 5 bedroom house. For a flat similarly the prices varies from £174,279 for a single bedroom to £142,142 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £139,908. To sum up the asking prices for properties in Mead Crescent, Southampton, SO18 it comes to around average £156,511 for 1 bedroom property, £163,480 for 2 bedroom, £225,097 for 3 bedroom, £324,524 for 4 bedroom and £401,812 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 £458 for 1 bedroom to £776 for 2 bedrooms, £912 for 3 bedrooms, £1,128 for 4 bedrooms and £1,820 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £516. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £728 and £767 for 3 bedroom. You should be generally be expecting around average £499 rent per month for single bedroom property, £732 for 2 bedroom, £888 for 3 bedroom, £1,128 for 4 bedroom and approximately £1,820 for a 5 bedroom property in Mead Crescent, Southampton, SO18 area.

Popular Houses in Mead Crescent, Southampton, SO18

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 Mead Crescent, Southampton, SO18