Shore Road, Bonchurch, Ventnor, PO38

Street Guide For Shore Road, Bonchurch, Ventnor, PO38

 
 

Shore Road, Bonchurch, Ventnor, PO38 Map

Estimated Price: £118,430
Average Asking Price: £307,843
Price change in last one year: £8,257
Average Price Paid: £101,750
Average Rent Rates: £711

Red Squirrel Property Shop Ltd
11b Holyrood House, St Thomas Square, Newport, PO3
Red Squirrel Property Shop Ltd
11b Holyrood House, St Thomas Square, Newport, PO3

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Property Prices Breakdown in Shore Road, Bonchurch, Ventnor, PO38

Average Price for property in Shore Road, Bonchurch, Ventnor, PO38 is around £118,430 e.g. average price for a flat is around 118,430. Values have been changing and have risen £947 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,040 in last 6 months, £8,257 in last 1 year, £13,711 in last 2 years, £13,085 in last 3 years, £12,785 in last 4 years and £12,829 in last 5 years.

Currently average asking price of a property in Shore Road, Bonchurch, Ventnor, PO38 is around £307,843 based on approximately 0 properties for sale. Same is the case with rental options based on 39 properties up for rent, average asking rent is around £711 per month.

Estimated property value in Shore Road, Bonchurch, Ventnor, PO38 is £118,430. Average asking price is £307,843 while average price paid is £50,000 which is up by £13,085 and Avg. asking rent £711.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 Shore Road, Bonchurch, Ventnor, PO38 area. In last 3 years alone average price buyer paid is around £50,000 based on approximately 1 sales in Shore Road, Bonchurch, Ventnor, PO38 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £101,750. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £101,750 for 4 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 £117,475, £191,236 for a 2 bedroom house, £254,574 for a 3 bedroom house, £401,316 for a 4 bedroom house and £683,111 for a 5 bedroom house. For a flat similarly the prices varies from £103,891 for a single bedroom to £142,243 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £166,648, £115,000 for a 4 bedroom flat and £190,000 for a 5 bedroom flat. To sum up the asking prices for properties in Shore Road, Bonchurch, Ventnor, PO38 it comes to around average £105,981 for 1 bedroom property, £168,320 for 2 bedroom, £247,143 for 3 bedroom, £393,136 for 4 bedroom and £633,800 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 £624 for 1 bedroom to £668 for 2 bedrooms, £793 for 3 bedrooms, £1,078 for 4 bedrooms and £1,452 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £481. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £548 and £680 for 3 bedroom. You should be generally be expecting around average £505 rent per month for single bedroom property, £615 for 2 bedroom, £755 for 3 bedroom, £1,078 for 4 bedroom and approximately £1,452 for a 5 bedroom property in Shore Road, Bonchurch, Ventnor, PO38 area.

Popular Houses in Shore Road, Bonchurch, Ventnor, PO38

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 Shore Road, Bonchurch, Ventnor, PO38