Ringwood Road, Verwood, BH31

Street Guide For Ringwood Road, Verwood, BH31

 

Ringwood Road, Verwood, BH31 Map

Estimated Price: £375,248
Average Asking Price: £357,683
Price change in last one year: £27,598
Average Price Paid: £290,735
Average Rent Rates: £2,384

 

Property Prices Breakdown in Ringwood Road, Verwood, BH31

Average Price for property in Ringwood Road, Verwood, BH31 is around £375,248 which varies based on type of property you are interested in and ranges from £440,725 for detached house to around £273,888 for semi-detached. Similarly terraced house is around £405,365 and a flat is worth £184,572. Values have been changing and have risen £2,231 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,170 in last 6 months, £27,598 in last 1 year, £42,229 in last 2 years, £44,416 in last 3 years, £45,754 in last 4 years and £38,880 in last 5 years.

Currently average asking price of a property in Ringwood Road, Verwood, BH31 is around £357,683 based on approximately 10 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £2,384 per month.

Estimated property value in Ringwood Road, Verwood, BH31 is £375,248. Average asking price is £357,683 while average price paid is £244,190 which is up by £27,598 and Avg. asking rent £2,384.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 Ringwood Road, Verwood, BH31 area. In last 1 year alone average price buyer paid is around £244,190 based on approximately 10 sales in Ringwood Road, Verwood, BH31 area alone. If you compare it to last 3 years sales of 25 properties where buyers paid around £302,346. 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 £290,735 for 46 and average amount paid for purchase of approx. 57 properties sold in last 7 years comes to about £288,863 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 £205,400, £364,203 for a 3 bedroom house, £482,060 for a 4 bedroom house and £456,000 for a 5 bedroom house. For a flat similarly the prices varies from £134,950 for a single bedroom to £179,950 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £199,950. To sum up the asking prices for properties in Ringwood Road, Verwood, BH31 it comes to around average £134,950 for 1 bedroom property, £199,038 for 2 bedroom, £354,541 for 3 bedroom, £482,060 for 4 bedroom and £456,000 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 is £849 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £624. You should be generally be expecting around average £624 rent per month for single bedroom property and approximately £849 for 3 bedroom property in Ringwood Road, Verwood, BH31 area.

Popular Houses in Ringwood Road, Verwood, BH31

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 Ringwood Road, Verwood, BH31