Promenade, Southport, PR8

Street Guide For Promenade, Southport, PR8

 

Promenade, Southport, PR8 Map

Estimated Price: £130,199
Average Asking Price: £239,772
Price change in last one year: £6,623
Average Price Paid: £79,579
Average Rent Rates: £556

 

Property Prices Breakdown in Promenade, Southport, PR8

Average Price for property in Promenade, Southport, PR8 is around £130,199 which varies based on type of property you are interested in and ranges from £106,289 for detached house to around £353,373 for semi-detached. Similarly terraced house is around £300,537 and a flat is worth £115,521. Values have been changing and have risen £552 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,794 in last 6 months, £6,623 in last 1 year, £10,987 in last 2 years, £11,716 in last 3 years, £9,961 in last 4 years and £3,893 in last 5 years.

Currently average asking price of a property in Promenade, Southport, PR8 is around £239,772 based on approximately 10 properties for sale. Same is the case with rental options based on 72 properties up for rent, average asking rent is around £556 per month.

Estimated property value in Promenade, Southport, PR8 is £130,199. Average asking price is £239,772 while average price paid is £98,649 which is up by £6,623 and Avg. asking rent £556.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 Promenade, Southport, PR8 area. In last 1 year alone average price buyer paid is around £98,649 based on approximately 10 sales in Promenade, Southport, PR8 area alone. If you compare it to last 3 years sales of 35 properties where buyers paid around £79,885. 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 £79,579 for 44 and average amount paid for purchase of approx. 52 properties sold in last 7 years comes to about £82,980 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 £41,500, £140,986 for a 2 bedroom house, £183,145 for a 3 bedroom house, £320,648 for a 4 bedroom house and £431,731 for a 5 bedroom house. For a flat similarly the prices varies from £76,537 for a single bedroom to £151,216 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £251,639 and £99,995 for a 4 bedroom flat. To sum up the asking prices for properties in Promenade, Southport, PR8 it comes to around average £75,136 for 1 bedroom property, £147,441 for 2 bedroom, £196,191 for 3 bedroom, £317,782 for 4 bedroom and £431,731 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 £576 for 2 bedroom to £697 for 3 bedroom and £906 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £412. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £576 and £581 for 3 bedroom. You should be generally be expecting around average £412 rent per month for single bedroom property, £576 for 2 bedroom, £665 for 3 bedroom and approximately £906 for 4 bedroom property in Promenade, Southport, PR8 area.

Popular Houses in Promenade, Southport, PR8

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 Promenade, Southport, PR8