Riverlea Road, Christchurch, BH23

Street Guide For Riverlea Road, Christchurch, BH23

 

Riverlea Road, Christchurch, BH23 Map

Estimated Price: £287,144
Average Asking Price: £396,877
Price change in last one year: £18,624
Average Price Paid: £261,500
Average Rent Rates: £1,283

 

Property Prices Breakdown in Riverlea Road, Christchurch, BH23

Average Price for property in Riverlea Road, Christchurch, BH23 is around £287,144 which varies based on type of property you are interested in and ranges from £323,850 for detached house to around £265,121 for semi-detached. Values have been changing and have risen £599 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,041 in last 6 months, £18,624 in last 1 year, £31,269 in last 2 years, £32,761 in last 3 years, £32,630 in last 4 years and £28,889 in last 5 years.

Currently average asking price of a property in Riverlea Road, Christchurch, BH23 is around £396,877 based on approximately 1 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £1,283 per month.

Estimated property value in Riverlea Road, Christchurch, BH23 is £287,144. Average asking price is £396,877 while average price paid is £273,000 which is up by £18,624 and Avg. asking rent £1,283.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 Riverlea Road, Christchurch, BH23 area. In last 1 year alone average price buyer paid is around £273,000 based on approximately 1 sales in Riverlea Road, Christchurch, BH23 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £273,000. 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 £261,500 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £244,200 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 £114,980, £271,565 for a 2 bedroom house, £401,462 for a 3 bedroom house, £586,166 for a 4 bedroom house and £759,990 for a 5 bedroom house. For a flat similarly the prices varies from £129,380 for a single bedroom to £242,500 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £407,992 and £179,950 for a 4 bedroom flat. To sum up the asking prices for properties in Riverlea Road, Christchurch, BH23 it comes to around average £126,980 for 1 bedroom property, £260,996 for 2 bedroom, £402,343 for 3 bedroom, £580,363 for 4 bedroom and £759,990 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 £873 for 2 bedroom to £1,366 for 3 bedroom, £1,445 for 4 bedroom and £1,898 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £650. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £725 and £847 for 3 bedroom. You should be generally be expecting around average £650 rent per month for single bedroom property, £774 for 2 bedroom, £1,159 for 3 bedroom, £1,445 for 4 bedroom and approximately £1,898 for a 5 bedroom property in Riverlea Road, Christchurch, BH23 area.

Popular Houses in Riverlea Road, Christchurch, BH23

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 Riverlea Road, Christchurch, BH23