Average Price for property in Ritchie Road, Bournemouth, BH11 is around £164,226 which varies based on type of property you are interested in and ranges from £149,289 for semi-detached to around £194,102 for terraced house. Values have been changing and have risen £785 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,446 in last 6 months, £10,672 in last 1 year, £18,152 in last 2 years, £18,646 in last 3 years, £18,999 in last 4 years and £17,962 in last 5 years.
Currently average asking price of a property in Ritchie Road, Bournemouth, BH11 is around £242,347 based on approximately 1 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £1,396 per month.
Estimated property value in Ritchie Road, Bournemouth, BH11 is £164,226. Average asking price is £242,347 while average price paid is £165,000 which is up by £10,672 and Avg. asking rent £1,396.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 Ritchie Road, Bournemouth, BH11 area. In last 1 year alone average price buyer paid is around £165,000 based on approximately 1 sales in Ritchie Road, Bournemouth, BH11 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £162,500. 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 £162,500 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £157,666 per sale.