Orchard Way, Midhurst, GU29

Street Guide For Orchard Way, Midhurst, GU29

 

Orchard Way, Midhurst, GU29 Map

Estimated Price: £375,752
Average Asking Price: £744,587
Price change in last one year: £31,722
Average Price Paid: £280,000
Average Rent Rates: £1,310

 

Property Prices Breakdown in Orchard Way, Midhurst, GU29

Average Price for property in Orchard Way, Midhurst, GU29 is around £375,752 which varies based on type of property you are interested in and ranges from £404,222 for detached house to around £340,162 for semi-detached. Values have been changing and have risen £1,509 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,199 in last 6 months, £31,722 in last 1 year, £51,749 in last 2 years, £51,755 in last 3 years, £57,669 in last 4 years and £60,392 in last 5 years.

Currently average asking price of a property in Orchard Way, Midhurst, GU29 is around £744,587 based on approximately 1 properties for sale. Same is the case with rental options based on 24 properties up for rent, average asking rent is around £1,310 per month.

Estimated property value in Orchard Way, Midhurst, GU29 is £375,752. Average asking price is £744,587 while average price paid is £240,000 which is up by £31,722 and Avg. asking rent £1,310.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 Orchard Way, Midhurst, GU29 area. In last 1 year alone average price buyer paid is around £240,000 based on approximately 1 sales in Orchard Way, Midhurst, GU29 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £277,500. 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 £280,000 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £267,000 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 2 bedroom is around £353,750, £415,769 for a 3 bedroom house, £610,000 for a 4 bedroom house and £1,206,000 for a 5 bedroom house. For a flat similarly the prices varies from £166,250 for a single bedroom to £208,325 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £300,000. To sum up the asking prices for properties in Orchard Way, Midhurst, GU29 it comes to around average £166,250 for 1 bedroom property, £253,071 for 2 bedroom, £407,500 for 3 bedroom, £610,000 for 4 bedroom and £1,206,000 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 £789 for 1 bedroom to £1,199 for 3 bedroom and £2,249 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £650. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £794. You should be generally be expecting around average £685 rent per month for single bedroom property, £794 for 2 bedroom, £1,199 for 3 bedroom and approximately £2,249 for 4 bedroom property in Orchard Way, Midhurst, GU29 area.

Popular Houses in Orchard Way, Midhurst, GU29

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 Orchard Way, Midhurst, GU29