Rew Street, Gurnard, Cowes, PO31

Street Guide For Rew Street, Gurnard, Cowes, PO31

 
 

Rew Street, Gurnard, Cowes, PO31 Map

Estimated Price: £327,370
Average Asking Price: £278,416
Price change in last one year: £23,642
Average Price Paid: £322,000
Average Rent Rates: £702

Red Squirrel Property Shop Ltd
11b Holyrood House, St Thomas Square, Newport, PO3
Red Squirrel Property Shop Ltd
11b Holyrood House, St Thomas Square, Newport, PO3

Free House valuation

 

Property Prices Breakdown in Rew Street, Gurnard, Cowes, PO31

Average Price for property in Rew Street, Gurnard, Cowes, PO31 is around £327,370 which varies based on type of property you are interested in and ranges from £316,867 for detached house to around £372,798 for semi-detached. Similarly terraced house is around £492,660 and a flat is worth £168,353. Values have been changing and have risen £3,627 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,803 in last 6 months, £23,642 in last 1 year, £38,712 in last 2 years, £39,692 in last 3 years, £37,872 in last 4 years and £41,293 in last 5 years.

Currently average asking price of a property in Rew Street, Gurnard, Cowes, PO31 is around £278,416 based on approximately 7 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £702 per month.

Estimated property value in Rew Street, Gurnard, Cowes, PO31 is £327,370. Average asking price is £278,416 while average price paid is £359,714 which is up by £23,642 and Avg. asking rent £702.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 Rew Street, Gurnard, Cowes, PO31 area. In last 1 year alone average price buyer paid is around £359,714 based on approximately 7 sales in Rew Street, Gurnard, Cowes, PO31 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £317,093. 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 £322,000 for 22 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £322,541 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 £125,000, £140,865 for a 2 bedroom house, £258,653 for a 3 bedroom house, £345,084 for a 4 bedroom house and £667,727 for a 5 bedroom house. For a flat similarly the prices varies from £106,000 for a single bedroom to £248,918 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £541,667. To sum up the asking prices for properties in Rew Street, Gurnard, Cowes, PO31 it comes to around average £108,375 for 1 bedroom property, £183,636 for 2 bedroom, £272,130 for 3 bedroom, £345,084 for 4 bedroom and £667,727 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 £603 for 2 bedroom to £748 for 3 bedroom and £1,555 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £517. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £614. You should be generally be expecting around average £517 rent per month for single bedroom property, £608 for 2 bedroom, £748 for 3 bedroom and approximately £1,554 for 4 bedroom property in Rew Street, Gurnard, Cowes, PO31 area.

Popular Houses in Rew Street, Gurnard, Cowes, PO31

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 Rew Street, Gurnard, Cowes, PO31