Furzedown

Area Guide For Furzedown

Furzedown is a suburban area of the London Borough of Wandsworth in South West London. It is a genuine neighbourhood of late Victorian and early Edwardian houses. It offers a family-orientated ambience; the area of Furzedown is not party central. The extremes of very tiny and very grand homes are absent in Furzedown, where two-bed purpose-built maisonettes and conversions start from £200,000. Small three-bed period terraces start from £300,000, and five-bed houses sell for between £450,000 and £500,000.

 
 

Furzedown Map

Estimated Price: £481,069
Average Asking Price: £563,999
Price change in last one year: £58,971
Average Price Paid: £349,056
Average Rent Rates: £1,666

 
 

Property Prices Breakdown in Furzedown

Average Price for property in Furzedown is around £481,069 which varies based on type of property you are interested in and ranges from £1,126,207 for detached house to around £772,191 for semi-detached. Similarly terraced house is around £568,621 and a flat is worth £348,539. Values have been changing and have risen £1,146 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,604 in last 6 months, £58,971 in last 1 year, £98,338 in last 2 years, £135,068 in last 3 years, £147,531 in last 4 years and £147,395 in last 5 years.

Currently average asking price of a property in Furzedown is around £563,999 based on approximately 662 properties for sale. Same is the case with rental options based on 252 properties up for rent, average asking rent is around £1,666 per month.

Estimated property value in Furzedown is £481,069. Average asking price is £563,999 while average price paid is £431,648 which is up by £58,971 and Avg. asking rent £1,666.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 Furzedown area. In last 1 year alone average price buyer paid is around £431,648 based on approximately 662 sales in Furzedown area alone. If you compare it to last 3 years sales of 1,818 properties where buyers paid around £373,309. 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 £349,056 for 2,717 and average amount paid for purchase of approx. 3,432 properties sold in last 7 years comes to about £333,711 per sale.

 
 

Properties For Sale in Furzedown

 
 

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 £338,725, £415,912 for a 2 bedroom house, £577,114 for a 3 bedroom house, £750,424 for a 4 bedroom house and £1,009,811 for a 5 bedroom house. For a flat similarly the prices varies from £324,403 for a single bedroom to £403,723 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £465,822 and £530,817 for a 4 bedroom flat. To sum up the asking prices for properties in Furzedown it comes to around average £325,572 for 1 bedroom property, £405,157 for 2 bedroom, £543,045 for 3 bedroom, £724,071 for 4 bedroom and £1,009,811 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 £1,106 for 1 bedroom to £1,488 for 2 bedrooms, £1,996 for 3 bedrooms, £2,687 for 4 bedrooms and £3,414 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,138. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,424, £1,726 for 3 bedroom and £2,231 for 4 bedroom. You should be generally be expecting around average £1,134 rent per month for single bedroom property, £1,429 for 2 bedroom, £1,818 for 3 bedroom, £2,573 for 4 bedroom and approximately £3,414 for a 5 bedroom property in Furzedown area.

Popular Houses in Furzedown

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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