South Road, Boscombe, Bournemouth, BH1

Street Guide For South Road, Boscombe, Bournemouth, BH1

 
 

South Road, Boscombe, Bournemouth, BH1 Map

Estimated Price: £173,921
Average Asking Price: £239,564
Price change in last one year: £10,168
Average Price Paid: £162,530
Average Rent Rates: £1,153

Abacus Homes
105 - Southbourne Grove, Bournemouth, BH6 3QY

Free House valuation

 

Property Prices Breakdown in South Road, Boscombe, Bournemouth, BH1

Average Price for property in South Road, Boscombe, Bournemouth, BH1 is around £173,921 which varies based on type of property you are interested in and ranges from £181,727 for detached house to around £189,092 for semi-detached. Similarly terraced house is around £173,915 and a flat is worth £90,454. Values have been changing and have risen £368 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,831 in last 6 months, £10,168 in last 1 year, £17,045 in last 2 years, £16,159 in last 3 years, £15,606 in last 4 years and £16,283 in last 5 years.

Currently average asking price of a property in South Road, Boscombe, Bournemouth, BH1 is around £239,564 based on approximately 4 properties for sale. Same is the case with rental options based on 192 properties up for rent, average asking rent is around £1,153 per month.

Estimated property value in South Road, Boscombe, Bournemouth, BH1 is £173,921. Average asking price is £239,564 while average price paid is £164,075 which is up by £10,168 and Avg. asking rent £1,153.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 Road, Boscombe, Bournemouth, BH1 area. In last 1 year alone average price buyer paid is around £164,075 based on approximately 4 sales in South Road, Boscombe, Bournemouth, BH1 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £163,383. 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 £162,530 for 10 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £161,883 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 £167,450, £226,656 for a 2 bedroom house, £284,808 for a 3 bedroom house, £381,650 for a 4 bedroom house and £818,750 for a 5 bedroom house. For a flat similarly the prices varies from £113,594 for a single bedroom to £191,708 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £290,234, £433,990 for a 4 bedroom flat and £675,000 for a 5 bedroom flat. To sum up the asking prices for properties in South Road, Boscombe, Bournemouth, BH1 it comes to around average £116,809 for 1 bedroom property, £194,593 for 2 bedroom, £288,030 for 3 bedroom, £414,362 for 4 bedroom and £790,000 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 £580 for 1 bedroom to £785 for 2 bedrooms, £1,369 for 3 bedrooms, £1,255 for 4 bedrooms and £1,575 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £593. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £859, £1,054 for 3 bedroom, £1,196 for 4 bedroom and around £1,200 for 5 bedroom flat. You should be generally be expecting around average £591 rent per month for single bedroom property, £852 for 2 bedroom, £1,164 for 3 bedroom, £1,232 for 4 bedroom and approximately £1,528 for a 5 bedroom property in South Road, Boscombe, Bournemouth, BH1 area.

Popular Houses in South Road, Boscombe, Bournemouth, BH1

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 South Road, Boscombe, Bournemouth, BH1