Nortoft Road, Bournemouth, BH8

Street Guide For Nortoft Road, Bournemouth, BH8

 
 

Nortoft Road, Bournemouth, BH8 Map

Estimated Price: £214,354
Average Asking Price: £273,486
Price change in last one year: £15,362
Average Price Paid: £175,760
Average Rent Rates: £1,857

Belvoir Bournemouth
122-124 Castle Lane West Bournemouth, BH9 3JU

Free House valuation

 

Property Prices Breakdown in Nortoft Road, Bournemouth, BH8

Average Price for property in Nortoft Road, Bournemouth, BH8 is around £214,354 which varies based on type of property you are interested in and ranges from £259,039 for detached house to around £231,204 for semi-detached. Similarly terraced house is around £239,327 and a flat is worth £159,326. Values have been changing and have risen £1,145 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,832 in last 6 months, £15,362 in last 1 year, £24,882 in last 2 years, £23,655 in last 3 years, £28,067 in last 4 years and £23,058 in last 5 years.

Currently average asking price of a property in Nortoft Road, Bournemouth, BH8 is around £273,486 based on approximately 8 properties for sale. Same is the case with rental options based on 246 properties up for rent, average asking rent is around £1,857 per month.

Estimated property value in Nortoft Road, Bournemouth, BH8 is £214,354. Average asking price is £273,486 while average price paid is £174,125 which is up by £15,362 and Avg. asking rent £1,857.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 Nortoft Road, Bournemouth, BH8 area. In last 1 year alone average price buyer paid is around £174,125 based on approximately 8 sales in Nortoft Road, Bournemouth, BH8 area alone. If you compare it to last 3 years sales of 33 properties where buyers paid around £173,320. 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 £175,760 for 45 and average amount paid for purchase of approx. 58 properties sold in last 7 years comes to about £172,152 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 £169,950, £220,225 for a 2 bedroom house, £289,769 for a 3 bedroom house, £431,829 for a 4 bedroom house and £683,317 for a 5 bedroom house. For a flat similarly the prices varies from £120,723 for a single bedroom to £165,649 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £214,972. To sum up the asking prices for properties in Nortoft Road, Bournemouth, BH8 it comes to around average £122,018 for 1 bedroom property, £173,309 for 2 bedroom, £268,732 for 3 bedroom, £431,829 for 4 bedroom and £683,317 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 £399 for 1 bedroom to £713 for 2 bedrooms, £1,001 for 3 bedrooms, £1,352 for 4 bedrooms and £1,716 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £563. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £754, £1,056 for 3 bedroom, £1,247 for 4 bedroom and around £1,656 for 5 bedroom flat. You should be generally be expecting around average £552 rent per month for single bedroom property, £751 for 2 bedroom, £1,030 for 3 bedroom, £1,339 for 4 bedroom and approximately £1,710 for a 5 bedroom property in Nortoft Road, Bournemouth, BH8 area.

Popular Houses in Nortoft Road, Bournemouth, BH8

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 Nortoft Road, Bournemouth, BH8