South Lane, Kingston upon Thames, KT1

Street Guide For South Lane, Kingston upon Thames, KT1

 

South Lane, Kingston upon Thames, KT1 Map

Estimated Price: £631,725
Average Asking Price: £547,827
Price change in last one year: £57,867
Average Price Paid: £480,595
Average Rent Rates: £1,982

Forest Hill Real Estate Inc
Southall Town Hall, 1 High St, Southall, Middlesex

Free House valuation

 

Property Prices Breakdown in South Lane, Kingston upon Thames, KT1

Average Price for property in South Lane, Kingston upon Thames, KT1 is around £631,725 which varies based on type of property you are interested in and ranges from £625,945 for detached house to around £657,660 for semi-detached. Similarly terraced house is around £593,447. Values have been changing and have risen £2,669 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,165 in last 6 months, £57,867 in last 1 year, £99,044 in last 2 years, £128,403 in last 3 years, £133,344 in last 4 years and £136,953 in last 5 years.

Currently average asking price of a property in South Lane, Kingston upon Thames, KT1 is around £547,827 based on approximately 1 properties for sale. Same is the case with rental options based on 165 properties up for rent, average asking rent is around £1,982 per month.

Estimated property value in South Lane, Kingston upon Thames, KT1 is £631,725. Average asking price is £547,827 while average price paid is £615,000 which is up by £57,867 and Avg. asking rent £1,982.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 South Lane, Kingston upon Thames, KT1 area. In last 1 year alone average price buyer paid is around £615,000 based on approximately 1 sales in South Lane, Kingston upon Thames, KT1 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £517,400. 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 £480,595 for 10 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £471,450 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 £265,000, £496,454 for a 2 bedroom house, £608,933 for a 3 bedroom house, £852,727 for a 4 bedroom house and £984,986 for a 5 bedroom house. For a flat similarly the prices varies from £284,782 for a single bedroom to £379,169 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £743,119. To sum up the asking prices for properties in South Lane, Kingston upon Thames, KT1 it comes to around average £284,144 for 1 bedroom property, £407,892 for 2 bedroom, £642,480 for 3 bedroom, £852,727 for 4 bedroom and £984,986 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 £1,200 for 1 bedroom to £1,462 for 2 bedrooms, £2,258 for 3 bedrooms, £1,933 for 4 bedrooms and £2,807 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,257. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,205, £3,474 for 3 bedroom and £550 for 5 bedroom. You should be generally be expecting around average £1,254 rent per month for single bedroom property, £2,121 for 2 bedroom, £2,745 for 3 bedroom, £1,933 for 4 bedroom and approximately £2,356 for a 5 bedroom property in South Lane, Kingston upon Thames, KT1 area.

Popular Houses in South Lane, Kingston upon Thames, KT1

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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