Montpelier Road, Sutton, SM1

Street Guide For Montpelier Road, Sutton, SM1

 

Montpelier Road, Sutton, SM1 Map

Estimated Price: £342,303
Average Asking Price: £309,791
Price change in last one year: £43,199
Average Price Paid: £272,142
Average Rent Rates: £1,224

 

Property Prices Breakdown in Montpelier Road, Sutton, SM1

Average Price for property in Montpelier Road, Sutton, SM1 is around £342,303 which varies based on type of property you are interested in and ranges from £336,258 for semi-detached to around £347,485 for terraced house. Values have been changing and have risen £5,812 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £17,528 in last 6 months, £43,199 in last 1 year, £64,757 in last 2 years, £73,927 in last 3 years, £81,880 in last 4 years and £73,641 in last 5 years.

Currently average asking price of a property in Montpelier Road, Sutton, SM1 is around £309,791 based on approximately 2 properties for sale. Same is the case with rental options based on 106 properties up for rent, average asking rent is around £1,224 per month.

Estimated property value in Montpelier Road, Sutton, SM1 is £342,303. Average asking price is £309,791 while average price paid is £356,000 which is up by £43,199 and Avg. asking rent £1,224.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 Montpelier Road, Sutton, SM1 area. In last 1 year alone average price buyer paid is around £356,000 based on approximately 2 sales in Montpelier Road, Sutton, SM1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £318,333. 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 £272,142 for 7 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £257,249 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 £152,317, £328,490 for a 2 bedroom house, £374,842 for a 3 bedroom house, £523,889 for a 4 bedroom house and £469,990 for a 5 bedroom house. For a flat similarly the prices varies from £197,950 for a single bedroom to £273,102 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £268,738. To sum up the asking prices for properties in Montpelier Road, Sutton, SM1 it comes to around average £193,672 for 1 bedroom property, £283,173 for 2 bedroom, £363,372 for 3 bedroom, £523,889 for 4 bedroom and £469,990 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 £656 for 1 bedroom to £1,339 for 2 bedrooms, £1,388 for 3 bedrooms, £1,780 for 4 bedrooms and £2,097 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £892. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,189 and £1,148 for 3 bedroom. You should be generally be expecting around average £869 rent per month for single bedroom property, £1,213 for 2 bedroom, £1,356 for 3 bedroom, £1,780 for 4 bedroom and approximately £2,098 for a 5 bedroom property in Montpelier Road, Sutton, SM1 area.

Popular Houses in Montpelier Road, Sutton, SM1

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.

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Areas in and around Montpelier Road, Sutton, SM1