Somerset Road, Boscombe, Bournemouth, BH7

Street Guide For Somerset Road, Boscombe, Bournemouth, BH7

 
 

Somerset Road, Boscombe, Bournemouth, BH7 Map

Estimated Price: £210,809
Average Asking Price: £246,035
Price change in last one year: £15,741
Average Price Paid: £180,450
Average Rent Rates: £756

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105 - Southbourne Grove, Bournemouth, BH6 3QY

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Property Prices Breakdown in Somerset Road, Boscombe, Bournemouth, BH7

Average Price for property in Somerset Road, Boscombe, Bournemouth, BH7 is around £210,809 which varies based on type of property you are interested in and ranges from £273,356 for detached house to around £233,904 for semi-detached. Similarly terraced house is around £80,316 and a flat is worth £140,949. Values have been changing and have risen £1,503 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,470 in last 6 months, £15,741 in last 1 year, £23,978 in last 2 years, £23,629 in last 3 years, £25,735 in last 4 years and £22,782 in last 5 years.

Currently average asking price of a property in Somerset Road, Boscombe, Bournemouth, BH7 is around £246,035 based on approximately 1 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £756 per month.

Estimated property value in Somerset Road, Boscombe, Bournemouth, BH7 is £210,809. Average asking price is £246,035 while average price paid is £130,000 which is up by £15,741 and Avg. asking rent £756.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 Somerset Road, Boscombe, Bournemouth, BH7 area. In last 1 year alone average price buyer paid is around £130,000 based on approximately 1 sales in Somerset Road, Boscombe, Bournemouth, BH7 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £177,590. 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 £180,450 for 11 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £185,710 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 £189,950, £301,475 for a 3 bedroom house, £353,119 for a 4 bedroom house and £474,988 for a 5 bedroom house. For a flat similarly the prices varies from £104,712 for a single bedroom to £131,486 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £176,475. To sum up the asking prices for properties in Somerset Road, Boscombe, Bournemouth, BH7 it comes to around average £104,712 for 1 bedroom property, £138,794 for 2 bedroom, £280,642 for 3 bedroom, £353,119 for 4 bedroom and £474,988 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 £1,198 for 4 bedroom to £1,993 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £559. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £771. You should be generally be expecting around average £559 rent per month for single bedroom property, £771 for 2 bedroom, £1,198 for 4 bedroom and approximately £1,993 for 5 bedroom property in Somerset Road, Boscombe, Bournemouth, BH7 area.

Popular Houses in Somerset Road, Boscombe, Bournemouth, BH7

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 Somerset Road, Boscombe, Bournemouth, BH7