Sandown

Area Guide For Sandown

sandown is an ocean side resort town and common parish on the southeast shoreline of the Isle of Wight, England, which neighbors the town of Shanklin to the south. Sandown Bay is the name of the cove off the English Channel which both towns offer, and it is prominent for its long extend of effectively open brilliant sandy shoreline. It is the site of the lost Sandown Castle. Whilst experiencing development, this was assaulted by a French power which had battled some way or another over Culver Down from Whitecliff Bay, bringing about the French being repelled.

 
 

Sandown Map

Estimated Price: £209,779
Average Asking Price: £229,222
Price change in last one year: £8,875
Average Price Paid: £177,618
Average Rent Rates: £693

 
 

Property Prices Breakdown in Sandown

Average Price for property in Sandown is around £209,779 which varies based on type of property you are interested in and ranges from £277,745 for detached house to around £193,240 for semi-detached. Similarly terraced house is around £157,040 and a flat is worth £127,122. Values have been changing and have risen £1,978 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,151 in last 6 months, £8,875 in last 1 year, £20,163 in last 2 years, £19,565 in last 3 years, £24,848 in last 4 years and £20,100 in last 5 years.

Currently average asking price of a property in Sandown is around £229,222 based on approximately 279 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £693 per month.

Estimated property value in Sandown is £209,779. Average asking price is £229,222 while average price paid is £183,855 which is up by £8,875 and Avg. asking rent £693.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 Sandown area. In last 1 year alone average price buyer paid is around £183,855 based on approximately 279 sales in Sandown area alone. If you compare it to last 3 years sales of 801 properties where buyers paid around £180,028. 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 £177,618 for 1,317 and average amount paid for purchase of approx. 1,785 properties sold in last 7 years comes to about £177,323 per sale.

 
 

Properties For Sale in Sandown

 
 

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 £117,500, £161,299 for a 2 bedroom house, £240,517 for a 3 bedroom house, £310,266 for a 4 bedroom house and £330,707 for a 5 bedroom house. For a flat similarly the prices varies from £86,065 for a single bedroom to £130,010 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £276,658 and £187,500 for a 4 bedroom flat. To sum up the asking prices for properties in Sandown it comes to around average £90,257 for 1 bedroom property, £148,783 for 2 bedroom, £243,660 for 3 bedroom, £303,971 for 4 bedroom and £330,707 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 £1,647 for 1 bedroom to £650 for 2 bedroom, £712 for 3 bedroom and £1,085 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £414. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £529 and £598 for 3 bedroom. You should be generally be expecting around average £660 rent per month for single bedroom property, £539 for 2 bedroom, £698 for 3 bedroom and approximately £1,085 for 4 bedroom property in Sandown area.

Popular Houses in Sandown

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.

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