Ridge Road, Sutton, SM3

Street Guide For Ridge Road, Sutton, SM3

 

Ridge Road, Sutton, SM3 Map

Estimated Price: £372,340
Average Asking Price: £347,180
Price change in last one year: £42,730
Average Price Paid: £276,096
Average Rent Rates: £1,484

 

Property Prices Breakdown in Ridge Road, Sutton, SM3

Average Price for property in Ridge Road, Sutton, SM3 is around £372,340 which varies based on type of property you are interested in and ranges from £470,034 for detached house to around £376,646 for semi-detached. Similarly terraced house is around £360,213 and a flat is worth £272,080. Values have been changing and have risen £5,059 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,973 in last 6 months, £42,730 in last 1 year, £69,668 in last 2 years, £73,277 in last 3 years, £85,273 in last 4 years and £77,615 in last 5 years.

Currently average asking price of a property in Ridge Road, Sutton, SM3 is around £347,180 based on approximately 10 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £1,484 per month.

Estimated property value in Ridge Road, Sutton, SM3 is £372,340. Average asking price is £347,180 while average price paid is £337,395 which is up by £42,730 and Avg. asking rent £1,484.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 Ridge Road, Sutton, SM3 area. In last 1 year alone average price buyer paid is around £337,395 based on approximately 10 sales in Ridge Road, Sutton, SM3 area alone. If you compare it to last 3 years sales of 27 properties where buyers paid around £285,588. 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 £276,096 for 36 and average amount paid for purchase of approx. 48 properties sold in last 7 years comes to about £268,746 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 £161,133, £280,808 for a 2 bedroom house, £426,424 for a 3 bedroom house, £519,428 for a 4 bedroom house and £544,000 for a 5 bedroom house. For a flat similarly the prices varies from £139,728 for a single bedroom to £259,571 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £293,333. To sum up the asking prices for properties in Ridge Road, Sutton, SM3 it comes to around average £145,079 for 1 bedroom property, £266,650 for 2 bedroom, £426,424 for 3 bedroom, £462,904 for 4 bedroom and £544,000 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 £1,196 for 2 bedroom to £1,586 for 3 bedroom and £1,843 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £942. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,129 and £1,248 for 3 bedroom. You should be generally be expecting around average £942 rent per month for single bedroom property, £1,138 for 2 bedroom, £1,473 for 3 bedroom and approximately £1,843 for 4 bedroom property in Ridge Road, Sutton, SM3 area.

Popular Houses in Ridge Road, Sutton, SM3

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.

Transportation in Ridge Road, Sutton, SM3

Areas in and around Ridge Road, Sutton, SM3