SG11

Real Estate Area Guide For SG11

 

SG11 Map

Estimated Price: £502,041
Average Asking Price: £770,260
Price change in last one year: £50,363
Average Price Paid: £383,276
Average Rent Rates: £1,475

 

Property Prices Breakdown in SG11

Average Price for property in SG11 is around £502,041 which varies based on type of property you are interested in and ranges from £741,267 for detached house to around £417,573 for semi-detached. Similarly terraced house is around £311,985 and a flat is worth £234,081. Values have been changing and have risen £8,647 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £21,806 in last 6 months, £50,363 in last 1 year, £79,557 in last 2 years, £78,900 in last 3 years, £78,301 in last 4 years and £84,329 in last 5 years.

Currently average asking price of a property in SG11 is around £770,260 based on approximately 114 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £1,475 per month.

Estimated property value in SG11 is £502,041. Average asking price is £770,260 while average price paid is £450,204 which is up by £50,363 and Avg. asking rent £1,475.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 SG11 area. In last 1 year alone average price buyer paid is around £450,204 based on approximately 114 sales in SG11 area alone. If you compare it to last 3 years sales of 320 properties where buyers paid around £393,190. 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 £383,276 for 497 and average amount paid for purchase of approx. 663 properties sold in last 7 years comes to about £383,910 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 £354,975, £398,999 for a 3 bedroom house, £663,635 for a 4 bedroom house and £1,303,750 for a 5 bedroom house. For a flat similarly the prices varies from £144,982 for a single bedroom to £340,000 for a 2 bedroom Flat. To sum up the asking prices for properties in SG11 it comes to around average £144,982 for 1 bedroom property, £345,990 for 2 bedroom, £398,999 for 3 bedroom, £663,635 for 4 bedroom and £1,303,750 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 £1,012 for 2 bedroom to £975 for 3 bedroom, £2,994 for 4 bedroom and £3,601 for 5 bedroom. You should be generally be expecting around average £1,012 rent per month for 2 bedroom property, £975 for 3 bedroom, £2,994 for 4 bedroom and approximately £3,601 for 5 bedroom property in SG11 area.

Popular Houses in SG11

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.

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