Red House Lane, Elstead, Godalming, GU8

Street Guide For Red House Lane, Elstead, Godalming, GU8

 

Red House Lane, Elstead, Godalming, GU8 Map

Estimated Price: £636,810
Average Asking Price: £1,868,702
Price change in last one year: £59,385
Average Price Paid: £485,500
Average Rent Rates: £1,950

 

Property Prices Breakdown in Red House Lane, Elstead, Godalming, GU8

Average Price for property in Red House Lane, Elstead, Godalming, GU8 is around £636,810 which varies based on type of property you are interested in and ranges from £680,859 for detached house to around £372,516 for semi-detached. Values have been changing and have risen £5,766 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,760 in last 6 months, £59,385 in last 1 year, £90,718 in last 2 years, £89,415 in last 3 years, £102,403 in last 4 years and £109,875 in last 5 years.

Currently average asking price of a property in Red House Lane, Elstead, Godalming, GU8 is around £1,868,702 based on approximately 2 properties for sale. Same is the case with rental options based on 26 properties up for rent, average asking rent is around £1,950 per month.

Estimated property value in Red House Lane, Elstead, Godalming, GU8 is £636,810. Average asking price is £1,868,702 while average price paid is £605,000 which is up by £59,385 and Avg. asking rent £1,950.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 Red House Lane, Elstead, Godalming, GU8 area. In last 1 year alone average price buyer paid is around £605,000 based on approximately 2 sales in Red House Lane, Elstead, Godalming, GU8 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £570,000. 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 £485,500 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £481,250 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 2 bedroom is around £321,407, £596,877 for a 3 bedroom house, £1,212,997 for a 4 bedroom house and £2,432,778 for a 5 bedroom house. For a flat similarly the prices varies from £180,331 for a single bedroom to £381,559 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £475,000. To sum up the asking prices for properties in Red House Lane, Elstead, Godalming, GU8 it comes to around average £180,331 for 1 bedroom property, £363,252 for 2 bedroom, £588,171 for 3 bedroom, £1,212,997 for 4 bedroom and £2,432,778 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 £949 for 1 bedroom to £1,450 for 2 bedroom, £1,707 for 3 bedroom and £2,165 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £873. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,025. You should be generally be expecting around average £898 rent per month for single bedroom property, £1,737 for 2 bedroom, £1,707 for 3 bedroom and approximately £2,165 for 4 bedroom property in Red House Lane, Elstead, Godalming, GU8 area.

Popular Houses in Red House Lane, Elstead, Godalming, GU8

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 Red House Lane, Elstead, Godalming, GU8