Palmerston Road, Southampton, SO14

Street Guide For Palmerston Road, Southampton, SO14

 
 

Palmerston Road, Southampton, SO14 Map

Estimated Price: £183,105
Average Asking Price: £208,958
Price change in last one year: £11,838
Average Price Paid: £133,470
Average Rent Rates: £1,227

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Property Prices Breakdown in Palmerston Road, Southampton, SO14

Average Price for property in Palmerston Road, Southampton, SO14 is around £183,105 which varies based on type of property you are interested in and ranges from £227,894 for terraced house to around £175,979 for a flat. Values have been changing and have risen £1,202 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,827 in last 6 months, £11,838 in last 1 year, £22,164 in last 2 years, £24,008 in last 3 years, £17,827 in last 4 years and £21,067 in last 5 years.

Currently average asking price of a property in Palmerston Road, Southampton, SO14 is around £208,958 based on approximately 5 properties for sale. Same is the case with rental options based on 955 properties up for rent, average asking rent is around £1,227 per month.

Estimated property value in Palmerston Road, Southampton, SO14 is £183,105. Average asking price is £208,958 while average price paid is £163,300 which is up by £11,838 and Avg. asking rent £1,227.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 Road, Southampton, SO14 area. In last 1 year alone average price buyer paid is around £163,300 based on approximately 5 sales in Palmerston Road, Southampton, SO14 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £146,500. 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 £133,470 for 12 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £147,214 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 £182,989, £216,782 for a 3 bedroom house, £288,106 for a 4 bedroom house and £425,000 for a 5 bedroom house. For a flat similarly the prices varies from £126,911 for a single bedroom to £209,323 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £300,428 and £595,000 for a 4 bedroom flat. To sum up the asking prices for properties in Palmerston Road, Southampton, SO14 it comes to around average £126,911 for 1 bedroom property, £207,756 for 2 bedroom, £257,338 for 3 bedroom, £322,206 for 4 bedroom and £425,000 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 £446 for 1 bedroom to £941 for 2 bedrooms, £1,061 for 3 bedrooms, £1,316 for 4 bedrooms and £1,636 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £606. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £844, £1,042 for 3 bedroom, £1,320 for 4 bedroom and around £1,667 for 5 bedroom flat. You should be generally be expecting around average £581 rent per month for single bedroom property, £850 for 2 bedroom, £1,052 for 3 bedroom, £1,316 for 4 bedroom and approximately £1,639 for a 5 bedroom property in Palmerston Road, Southampton, SO14 area.

Popular Houses in Palmerston Road, Southampton, SO14

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 Road, Southampton, SO14