Monks Close, West Moors, Ferndown, BH22

Street Guide For Monks Close, West Moors, Ferndown, BH22

 

Monks Close, West Moors, Ferndown, BH22 Map

Estimated Price: £301,482
Average Asking Price: £351,322
Price change in last one year: £22,721
Average Price Paid: £259,000
Average Rent Rates: £967

 

Property Prices Breakdown in Monks Close, West Moors, Ferndown, BH22

Average Price for property in Monks Close, West Moors, Ferndown, BH22 is around £301,482 which varies based on type of property you are interested in and ranges from £301,482 for detached house to around £304,969 for semi-detached. Values have been changing and have risen £1,891 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,404 in last 6 months, £22,721 in last 1 year, £31,062 in last 2 years, £33,069 in last 3 years, £33,956 in last 4 years and £31,215 in last 5 years.

Currently average asking price of a property in Monks Close, West Moors, Ferndown, BH22 is around £351,322 based on approximately 3 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £967 per month.

Estimated property value in Monks Close, West Moors, Ferndown, BH22 is £301,482. Average asking price is £351,322 while average price paid is £263,666 which is up by £22,721 and Avg. asking rent £967.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 Monks Close, West Moors, Ferndown, BH22 area. In last 1 year alone average price buyer paid is around £263,666 based on approximately 3 sales in Monks Close, West Moors, Ferndown, BH22 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £259,000. 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 £259,000 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £262,250 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 £113,100, £232,628 for a 2 bedroom house, £364,591 for a 3 bedroom house, £506,269 for a 4 bedroom house and £703,079 for a 5 bedroom house. For a flat similarly the prices varies from £117,091 for a single bedroom to £214,201 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £379,665. To sum up the asking prices for properties in Monks Close, West Moors, Ferndown, BH22 it comes to around average £116,292 for 1 bedroom property, £222,839 for 2 bedroom, £369,068 for 3 bedroom, £506,269 for 4 bedroom and £703,079 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 £875 for 2 bedroom to £1,001 for 3 bedroom and £2,126 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £680. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £808. You should be generally be expecting around average £680 rent per month for single bedroom property, £816 for 2 bedroom, £1,001 for 3 bedroom and approximately £2,126 for 4 bedroom property in Monks Close, West Moors, Ferndown, BH22 area.

Popular Houses in Monks Close, West Moors, Ferndown, BH22

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 Monks Close, West Moors, Ferndown, BH22