Average Price for property in Southam is around £285,889 which varies based on type of property you are interested in and ranges from £408,660 for detached house to around £236,937 for semi-detached. Similarly terraced house is around £187,964 and a flat is worth £143,168. Values have been changing and have risen £3,308 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,497 in last 6 months, £12,373 in last 1 year, £33,152 in last 2 years, £40,317 in last 3 years, £35,901 in last 4 years and £35,035 in last 5 years.
Currently average asking price of a property in Southam is around £335,216 based on approximately 239 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £995 per month.
Estimated property value in Southam is £285,889. Average asking price is £335,216 while average price paid is £257,052 which is up by £12,373 and Avg. asking rent £995.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 Southam area. In last 1 year alone average price buyer paid is around £257,052 based on approximately 239 sales in Southam area alone. If you compare it to last 3 years sales of 677 properties where buyers paid around £249,873. 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 £242,007 for 1,149 and average amount paid for purchase of approx. 1,490 properties sold in last 7 years comes to about £238,022 per sale.