Romsey Road, Kings Somborne, Stockbridge, SO20

Street Guide For Romsey Road, Kings Somborne, Stockbridge, SO20

 

Romsey Road, Kings Somborne, Stockbridge, SO20 Map

Estimated Price: £622,655
Average Asking Price: £733,331
Price change in last one year: £42,928
Average Price Paid: £469,127
Average Rent Rates: £1,101

 

Property Prices Breakdown in Romsey Road, Kings Somborne, Stockbridge, SO20

Average Price for property in Romsey Road, Kings Somborne, Stockbridge, SO20 is around £622,655 which varies based on type of property you are interested in and ranges from £698,777 for detached house to around £414,138 for semi-detached. Similarly terraced house is around £276,815. Values have been changing and have risen £2,609 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,810 in last 6 months, £42,928 in last 1 year, £75,986 in last 2 years, £82,580 in last 3 years, £67,064 in last 4 years and £74,006 in last 5 years.

Currently average asking price of a property in Romsey Road, Kings Somborne, Stockbridge, SO20 is around £733,331 based on approximately 1 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £1,101 per month.

Estimated property value in Romsey Road, Kings Somborne, Stockbridge, SO20 is £622,655. Average asking price is £733,331 while average price paid is £330,000 which is up by £42,928 and Avg. asking rent £1,101.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 Romsey Road, Kings Somborne, Stockbridge, SO20 area. In last 1 year alone average price buyer paid is around £330,000 based on approximately 1 sales in Romsey Road, Kings Somborne, Stockbridge, SO20 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £446,833. 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 £469,127 for 11 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £419,126 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 £301,667, £522,083 for a 3 bedroom house, £721,995 for a 4 bedroom house and £1,003,750 for a 5 bedroom house. For a flat similarly the prices varies from £220,000 for a single bedroom to £279,950 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £400,000. To sum up the asking prices for properties in Romsey Road, Kings Somborne, Stockbridge, SO20 it comes to around average £220,000 for 1 bedroom property, £296,238 for 2 bedroom, £512,692 for 3 bedroom, £721,995 for 4 bedroom and £1,003,750 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 £693 for 1 bedroom to £1,136 for 2 bedroom, £1,549 for 3 bedroom and £1,822 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £693. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £793. You should be generally be expecting around average £693 rent per month for single bedroom property, £1,068 for 2 bedroom, £1,549 for 3 bedroom and approximately £1,822 for 4 bedroom property in Romsey Road, Kings Somborne, Stockbridge, SO20 area.

Popular Houses in Romsey Road, Kings Somborne, Stockbridge, SO20

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 Romsey Road, Kings Somborne, Stockbridge, SO20