Parkwood Road, Southbourne, Bournemouth, BH5

Street Guide For Parkwood Road, Southbourne, Bournemouth, BH5

 
 

Parkwood Road, Southbourne, Bournemouth, BH5 Map

Estimated Price: £208,350
Average Asking Price: £274,800
Price change in last one year: £11,185
Average Price Paid: £176,822
Average Rent Rates: £819

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105 - Southbourne Grove, Bournemouth, BH6 3QY

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Property Prices Breakdown in Parkwood Road, Southbourne, Bournemouth, BH5

Average Price for property in Parkwood Road, Southbourne, Bournemouth, BH5 is around £208,350 which varies based on type of property you are interested in and ranges from £367,439 for detached house to around £236,718 for semi-detached. Similarly terraced house is around £245,582 and a flat is worth £170,957. Values have been changing and have risen £489 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £87 in last 6 months, £11,185 in last 1 year, £18,493 in last 2 years, £17,264 in last 3 years, £18,094 in last 4 years and £14,784 in last 5 years.

Currently average asking price of a property in Parkwood Road, Southbourne, Bournemouth, BH5 is around £274,800 based on approximately 21 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £819 per month.

Estimated property value in Parkwood Road, Southbourne, Bournemouth, BH5 is £208,350. Average asking price is £274,800 while average price paid is £195,688 which is up by £11,185 and Avg. asking rent £819.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 Parkwood Road, Southbourne, Bournemouth, BH5 area. In last 1 year alone average price buyer paid is around £195,688 based on approximately 21 sales in Parkwood Road, Southbourne, Bournemouth, BH5 area alone. If you compare it to last 3 years sales of 37 properties where buyers paid around £192,470. 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 £176,822 for 75 and average amount paid for purchase of approx. 88 properties sold in last 7 years comes to about £182,434 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 £205,000, £197,450 for a 2 bedroom house, £403,112 for a 3 bedroom house and £439,950 for a 5 bedroom house. For a flat similarly the prices varies from £120,829 for a single bedroom to £245,952 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £461,064. To sum up the asking prices for properties in Parkwood Road, Southbourne, Bournemouth, BH5 it comes to around average £122,934 for 1 bedroom property, £244,837 for 2 bedroom, £439,991 for 3 bedroom and £439,950 for 5 bedroom.

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 £587 for 1 bedroom to £901 for 2 bedroom and £1,198 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £622. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £845 and £1,080 for 3 bedroom. You should be generally be expecting around average £617 rent per month for single bedroom property, £848 for 2 bedroom and approximately £1,114 for 3 bedroom property in Parkwood Road, Southbourne, Bournemouth, BH5 area.

Popular Houses in Parkwood Road, Southbourne, Bournemouth, BH5

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 Parkwood Road, Southbourne, Bournemouth, BH5