New Farm Road, Alresford, SO24

Street Guide For New Farm Road, Alresford, SO24

 

New Farm Road, Alresford, SO24 Map

Estimated Price: £490,441
Average Asking Price: £677,651
Price change in last one year: £31,585
Average Price Paid: £422,245
Average Rent Rates: £1,367

 

Property Prices Breakdown in New Farm Road, Alresford, SO24

Average Price for property in New Farm Road, Alresford, SO24 is around £490,441 which varies based on type of property you are interested in and ranges from £553,805 for detached house to around £314,266 for semi-detached. Similarly terraced house is around £269,438. Values have been changing and have risen £1,724 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,831 in last 6 months, £31,585 in last 1 year, £57,238 in last 2 years, £58,410 in last 3 years, £48,751 in last 4 years and £59,473 in last 5 years.

Currently average asking price of a property in New Farm Road, Alresford, SO24 is around £677,651 based on approximately 2 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £1,367 per month.

Estimated property value in New Farm Road, Alresford, SO24 is £490,441. Average asking price is £677,651 while average price paid is £277,475 which is up by £31,585 and Avg. asking rent £1,367.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 New Farm Road, Alresford, SO24 area. In last 1 year alone average price buyer paid is around £277,475 based on approximately 2 sales in New Farm Road, Alresford, SO24 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £369,306. 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 £422,245 for 12 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £403,607 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 2 bedroom is around £417,103, £570,227 for a 3 bedroom house, £804,394 for a 4 bedroom house and £1,390,000 for a 5 bedroom house. For a flat similarly the prices varies from £172,475 for a single bedroom to £325,000 for a 2 bedroom Flat. To sum up the asking prices for properties in New Farm Road, Alresford, SO24 it comes to around average £172,475 for 1 bedroom property, £408,331 for 2 bedroom, £570,227 for 3 bedroom, £804,394 for 4 bedroom and £1,390,000 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 £849 for 1 bedroom to £982 for 2 bedrooms, £1,593 for 3 bedrooms, £1,950 for 4 bedrooms and £4,000 for 5 bedrooms house. But if you are interested in renting a 2 bedroom flat then rent per month can be around £999. You should be generally be expecting around average £849 rent per month for single bedroom property, £986 for 2 bedroom, £1,593 for 3 bedroom, £1,950 for 4 bedroom and approximately £4,000 for a 5 bedroom property in New Farm Road, Alresford, SO24 area.

Popular Houses in New Farm Road, Alresford, SO24

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 New Farm Road, Alresford, SO24