Morelands Road, Purbrook, Waterlooville, PO7

Street Guide For Morelands Road, Purbrook, Waterlooville, PO7

 

Morelands Road, Purbrook, Waterlooville, PO7 Map

Estimated Price: £278,299
Average Asking Price: £315,803
Price change in last one year: £18,770
Average Price Paid: £232,850
Average Rent Rates: £1,047

 

Property Prices Breakdown in Morelands Road, Purbrook, Waterlooville, PO7

Average Price for property in Morelands Road, Purbrook, Waterlooville, PO7 is around £278,299 which varies based on type of property you are interested in and ranges from £289,646 for detached house to around £262,991 for semi-detached. Similarly terraced house is around £234,537. Values have been changing and have risen £1,434 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,157 in last 6 months, £18,770 in last 1 year, £33,167 in last 2 years, £34,449 in last 3 years, £27,544 in last 4 years and £32,535 in last 5 years.

Currently average asking price of a property in Morelands Road, Purbrook, Waterlooville, PO7 is around £315,803 based on approximately 1 properties for sale. Same is the case with rental options based on 54 properties up for rent, average asking rent is around £1,047 per month.

Estimated property value in Morelands Road, Purbrook, Waterlooville, PO7 is £278,299. Average asking price is £315,803 while average price paid is £285,000 which is up by £18,770 and Avg. asking rent £1,047.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 Morelands Road, Purbrook, Waterlooville, PO7 area. In last 1 year alone average price buyer paid is around £285,000 based on approximately 1 sales in Morelands Road, Purbrook, Waterlooville, PO7 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £234,333. 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 £232,850 for 10 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £231,041 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 £92,099, £217,242 for a 2 bedroom house, £270,440 for a 3 bedroom house, £392,778 for a 4 bedroom house and £599,466 for a 5 bedroom house. For a flat similarly the prices varies from £99,371 for a single bedroom to £122,368 for a 2 bedroom Flat. To sum up the asking prices for properties in Morelands Road, Purbrook, Waterlooville, PO7 it comes to around average £97,639 for 1 bedroom property, £171,021 for 2 bedroom, £270,440 for 3 bedroom, £392,778 for 4 bedroom and £599,466 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 £576 for 1 bedroom to £787 for 2 bedroom, £1,049 for 3 bedroom and £1,428 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £641. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £753. You should be generally be expecting around average £628 rent per month for single bedroom property, £768 for 2 bedroom, £1,049 for 3 bedroom and approximately £1,428 for 4 bedroom property in Morelands Road, Purbrook, Waterlooville, PO7 area.

Popular Houses in Morelands Road, Purbrook, Waterlooville, PO7

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 Morelands Road, Purbrook, Waterlooville, PO7