Mincingfield Lane, Durley, Southampton, SO32

Street Guide For Mincingfield Lane, Durley, Southampton, SO32

 

Mincingfield Lane, Durley, Southampton, SO32 Map

Estimated Price: £524,075
Average Asking Price: £525,391
Price change in last one year: £34,802
Average Price Paid: £258,000
Average Rent Rates: £1,157

 

Property Prices Breakdown in Mincingfield Lane, Durley, Southampton, SO32

Average Price for property in Mincingfield Lane, Durley, Southampton, SO32 is around £524,075 which varies based on type of property you are interested in and ranges from £785,586 for detached house to around £311,048 for terraced house. Similarly flat is around £281,662. Values have been changing and have risen £1,711 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,595 in last 6 months, £34,802 in last 1 year, £64,273 in last 2 years, £68,827 in last 3 years, £57,623 in last 4 years and £63,469 in last 5 years.

Currently average asking price of a property in Mincingfield Lane, Durley, Southampton, SO32 is around £525,391 based on approximately 0 properties for sale. Same is the case with rental options based on 35 properties up for rent, average asking rent is around £1,157 per month.

Estimated property value in Mincingfield Lane, Durley, Southampton, SO32 is £524,075. Average asking price is £525,391 while average price paid is £258,000 which is up by £63,469 and Avg. asking rent £1,157.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 Mincingfield Lane, Durley, Southampton, SO32 area. In last 5 years alone average price buyer paid is around £258,000 based on approximately 1 sales in Mincingfield Lane, Durley, Southampton, SO32 area alone. If you compare it to last 7 years sales of 2 properties where buyers paid around £291,500.

 
 

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 £215,000, £271,143 for a 2 bedroom house, £418,376 for a 3 bedroom house, £626,482 for a 4 bedroom house and £898,056 for a 5 bedroom house. For a flat similarly the prices varies from £117,399 for a single bedroom to £187,767 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £164,950. To sum up the asking prices for properties in Mincingfield Lane, Durley, Southampton, SO32 it comes to around average £133,666 for 1 bedroom property, £238,517 for 2 bedroom, £403,017 for 3 bedroom, £626,482 for 4 bedroom and £898,056 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 £750 for 1 bedroom to £1,053 for 2 bedroom, £963 for 3 bedroom and £1,647 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £603. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £767 and £750 for 3 bedroom. You should be generally be expecting around average £640 rent per month for single bedroom property, £923 for 2 bedroom, £936 for 3 bedroom and approximately £1,647 for 4 bedroom property in Mincingfield Lane, Durley, Southampton, SO32 area.

Popular Houses in Mincingfield Lane, Durley, Southampton, SO32

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 Mincingfield Lane, Durley, Southampton, SO32