Richmond Park, Otterbourne, Winchester, SO21

Street Guide For Richmond Park, Otterbourne, Winchester, SO21

 

Richmond Park, Otterbourne, Winchester, SO21 Map

Estimated Price: £616,129
Average Asking Price: £625,087
Price change in last one year: £35,509
Average Price Paid: £457,500
Average Rent Rates: £1,354

 

Property Prices Breakdown in Richmond Park, Otterbourne, Winchester, SO21

Average Price for property in Richmond Park, Otterbourne, Winchester, SO21 is around £616,129 e.g. average price for detached house is around 616,129. Values have been changing and have risen £3,282 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,364 in last 6 months, £35,509 in last 1 year, £69,193 in last 2 years, £81,315 in last 3 years, £73,721 in last 4 years and £80,851 in last 5 years.

Currently average asking price of a property in Richmond Park, Otterbourne, Winchester, SO21 is around £625,087 based on approximately 0 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £1,354 per month.

Estimated property value in Richmond Park, Otterbourne, Winchester, SO21 is £616,129. Average asking price is £625,087 while average price paid is £457,500 which is up by £81,315 and Avg. asking rent £1,354.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 Richmond Park, Otterbourne, Winchester, SO21 area. In last 3 years alone average price buyer paid is around £457,500 based on approximately 2 sales in Richmond Park, Otterbourne, Winchester, SO21 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £457,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £453,333 for 3 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 £285,000, £250,079 for a 2 bedroom house, £478,748 for a 3 bedroom house, £647,746 for a 4 bedroom house and £1,167,500 for a 5 bedroom house. For a flat similarly the prices varies from £149,975 for a single bedroom to £251,667 for a 2 bedroom Flat. To sum up the asking prices for properties in Richmond Park, Otterbourne, Winchester, SO21 it comes to around average £217,488 for 1 bedroom property, £250,493 for 2 bedroom, £478,748 for 3 bedroom, £647,746 for 4 bedroom and £1,167,500 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 £1,200 for 1 bedroom to £1,022 for 2 bedrooms, £1,105 for 3 bedrooms, £2,016 for 4 bedrooms and £2,500 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £713. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £815 and £925 for 3 bedroom. You should be generally be expecting around average £875 rent per month for single bedroom property, £939 for 2 bedroom, £1,069 for 3 bedroom, £2,016 for 4 bedroom and approximately £2,500 for a 5 bedroom property in Richmond Park, Otterbourne, Winchester, SO21 area.

Popular Houses in Richmond Park, Otterbourne, Winchester, SO21

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 Richmond Park, Otterbourne, Winchester, SO21