South Strand, East Preston, Littlehampton, BN16

Street Guide For South Strand, East Preston, Littlehampton, BN16

 

South Strand, East Preston, Littlehampton, BN16 Map

Estimated Price: £485,783
Average Asking Price: £358,801
Price change in last one year: £29,973
Average Price Paid: £475,458
Average Rent Rates: £1,425

 

Property Prices Breakdown in South Strand, East Preston, Littlehampton, BN16

Average Price for property in South Strand, East Preston, Littlehampton, BN16 is around £485,783 which varies based on type of property you are interested in and ranges from £752,272 for detached house to around £501,244 for semi-detached. Similarly terraced house is around £312,888 and a flat is worth £306,890. Values have been changing and have risen £938 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,283 in last 6 months, £29,973 in last 1 year, £58,647 in last 2 years, £70,062 in last 3 years, £70,365 in last 4 years and £72,214 in last 5 years.

Currently average asking price of a property in South Strand, East Preston, Littlehampton, BN16 is around £358,801 based on approximately 6 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £1,425 per month.

Estimated property value in South Strand, East Preston, Littlehampton, BN16 is £485,783. Average asking price is £358,801 while average price paid is £496,166 which is up by £29,973 and Avg. asking rent £1,425.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 Strand, East Preston, Littlehampton, BN16 area. In last 1 year alone average price buyer paid is around £496,166 based on approximately 6 sales in South Strand, East Preston, Littlehampton, BN16 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £519,764. 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 £475,458 for 24 and average amount paid for purchase of approx. 32 properties sold in last 7 years comes to about £449,746 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 £116,544, £273,030 for a 2 bedroom house, £359,231 for a 3 bedroom house, £521,087 for a 4 bedroom house and £747,980 for a 5 bedroom house. For a flat similarly the prices varies from £134,056 for a single bedroom to £220,791 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £204,500. To sum up the asking prices for properties in South Strand, East Preston, Littlehampton, BN16 it comes to around average £125,300 for 1 bedroom property, £240,737 for 2 bedroom, £348,373 for 3 bedroom, £521,087 for 4 bedroom and £747,980 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 £903 for 2 bedroom to £936 for 3 bedroom and £1,448 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £399. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £881 and £802 for 3 bedroom. You should be generally be expecting around average £399 rent per month for single bedroom property, £889 for 2 bedroom, £891 for 3 bedroom and approximately £1,448 for 4 bedroom property in South Strand, East Preston, Littlehampton, BN16 area.

Popular Houses in South Strand, East Preston, Littlehampton, BN16

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 Strand, East Preston, Littlehampton, BN16