Palmerston Mews, Boscombe, Bournemouth, BH1

Street Guide For Palmerston Mews, Boscombe, Bournemouth, BH1

 
 

Palmerston Mews, Boscombe, Bournemouth, BH1 Map

Estimated Price: £116,731
Average Asking Price: £239,564
Price change in last one year: £6,825
Average Price Paid: £67,500
Average Rent Rates: £1,153

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105 - Southbourne Grove, Bournemouth, BH6 3QY

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Property Prices Breakdown in Palmerston Mews, Boscombe, Bournemouth, BH1

Average Price for property in Palmerston Mews, Boscombe, Bournemouth, BH1 is around £116,731 which varies based on type of property you are interested in and ranges from £147,721 for terraced house to around £104,336 for a flat. Values have been changing and have risen £247 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,230 in last 6 months, £6,825 in last 1 year, £11,443 in last 2 years, £10,850 in last 3 years, £10,481 in last 4 years and £10,938 in last 5 years.

Currently average asking price of a property in Palmerston Mews, Boscombe, Bournemouth, BH1 is around £239,564 based on approximately 1 properties for sale. Same is the case with rental options based on 192 properties up for rent, average asking rent is around £1,153 per month.

Estimated property value in Palmerston Mews, Boscombe, Bournemouth, BH1 is £116,731. Average asking price is £239,564 while average price paid is £67,500 which is up by £6,825 and Avg. asking rent £1,153.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 Palmerston Mews, Boscombe, Bournemouth, BH1 area. In last 1 year alone average price buyer paid is around £67,500 based on approximately 1 sales in Palmerston Mews, Boscombe, Bournemouth, BH1 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £67,500. 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 £67,500 for 1 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £97,250 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 £167,450, £226,656 for a 2 bedroom house, £284,808 for a 3 bedroom house, £381,650 for a 4 bedroom house and £818,750 for a 5 bedroom house. For a flat similarly the prices varies from £113,594 for a single bedroom to £191,708 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £290,234, £433,990 for a 4 bedroom flat and £675,000 for a 5 bedroom flat. To sum up the asking prices for properties in Palmerston Mews, Boscombe, Bournemouth, BH1 it comes to around average £116,809 for 1 bedroom property, £194,593 for 2 bedroom, £288,030 for 3 bedroom, £414,362 for 4 bedroom and £790,000 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 £580 for 1 bedroom to £785 for 2 bedrooms, £1,369 for 3 bedrooms, £1,255 for 4 bedrooms and £1,575 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £593. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £859, £1,054 for 3 bedroom, £1,196 for 4 bedroom and around £1,200 for 5 bedroom flat. You should be generally be expecting around average £591 rent per month for single bedroom property, £852 for 2 bedroom, £1,164 for 3 bedroom, £1,232 for 4 bedroom and approximately £1,528 for a 5 bedroom property in Palmerston Mews, Boscombe, Bournemouth, BH1 area.

Popular Houses in Palmerston Mews, Boscombe, Bournemouth, BH1

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 Palmerston Mews, Boscombe, Bournemouth, BH1