Normandy Way, Marchwood, Southampton, SO40

Street Guide For Normandy Way, Marchwood, Southampton, SO40

 

Normandy Way, Marchwood, Southampton, SO40 Map

Estimated Price: £283,932
Average Asking Price: £326,180
Price change in last one year: £17,434
Average Price Paid: £250,000
Average Rent Rates: £1,375

 

Property Prices Breakdown in Normandy Way, Marchwood, Southampton, SO40

Average Price for property in Normandy Way, Marchwood, Southampton, SO40 is around £283,932 e.g. average price for detached house is around 283,932. Values have been changing and have risen £1,283 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,350 in last 6 months, £17,434 in last 1 year, £32,676 in last 2 years, £34,944 in last 3 years, £30,751 in last 4 years and £34,103 in last 5 years.

Currently average asking price of a property in Normandy Way, Marchwood, Southampton, SO40 is around £326,180 based on approximately 1 properties for sale. Same is the case with rental options based on 39 properties up for rent, average asking rent is around £1,375 per month.

Estimated property value in Normandy Way, Marchwood, Southampton, SO40 is £283,932. Average asking price is £326,180 while average price paid is £250,000 which is up by £17,434 and Avg. asking rent £1,375.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 Normandy Way, Marchwood, Southampton, SO40 area. In last 1 year alone average price buyer paid is around £250,000 based on approximately 1 sales in Normandy Way, Marchwood, Southampton, SO40 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £250,000. 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 £250,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £250,000 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 £155,970, £221,400 for a 2 bedroom house, £276,263 for a 3 bedroom house, £414,366 for a 4 bedroom house and £599,286 for a 5 bedroom house. For a flat similarly the prices varies from £119,600 for a single bedroom to £133,571 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £150,000. To sum up the asking prices for properties in Normandy Way, Marchwood, Southampton, SO40 it comes to around average £132,589 for 1 bedroom property, £196,808 for 2 bedroom, £272,317 for 3 bedroom, £414,366 for 4 bedroom and £599,286 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 £535 for 1 bedroom to £856 for 2 bedrooms, £1,179 for 3 bedrooms, £1,701 for 4 bedrooms and £1,322 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £589. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £843. You should be generally be expecting around average £553 rent per month for single bedroom property, £849 for 2 bedroom, £1,179 for 3 bedroom, £1,701 for 4 bedroom and approximately £1,322 for a 5 bedroom property in Normandy Way, Marchwood, Southampton, SO40 area.

Popular Houses in Normandy Way, Marchwood, Southampton, SO40

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 Normandy Way, Marchwood, Southampton, SO40