Southern Road, Southbourne, Bournemouth, BH6

Street Guide For Southern Road, Southbourne, Bournemouth, BH6

 
 

Southern Road, Southbourne, Bournemouth, BH6 Map

Estimated Price: £325,107
Average Asking Price: £280,233
Price change in last one year: £20,423
Average Price Paid: £261,461
Average Rent Rates: £1,175

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105 - Southbourne Grove, Bournemouth, BH6 3QY

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Property Prices Breakdown in Southern Road, Southbourne, Bournemouth, BH6

Average Price for property in Southern Road, Southbourne, Bournemouth, BH6 is around £325,107 which varies based on type of property you are interested in and ranges from £489,154 for detached house to around £198,103 for a flat. Values have been changing and have risen £1,275 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,774 in last 6 months, £20,423 in last 1 year, £33,388 in last 2 years, £37,754 in last 3 years, £38,919 in last 4 years and £34,985 in last 5 years.

Currently average asking price of a property in Southern Road, Southbourne, Bournemouth, BH6 is around £280,233 based on approximately 5 properties for sale. Same is the case with rental options based on 36 properties up for rent, average asking rent is around £1,175 per month.

Estimated property value in Southern Road, Southbourne, Bournemouth, BH6 is £325,107. Average asking price is £280,233 while average price paid is £184,300 which is up by £20,423 and Avg. asking rent £1,175.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 Southern Road, Southbourne, Bournemouth, BH6 area. In last 1 year alone average price buyer paid is around £184,300 based on approximately 5 sales in Southern Road, Southbourne, Bournemouth, BH6 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £207,357. 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 £261,461 for 13 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £245,238 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 £204,967, £158,317 for a 2 bedroom house, £421,839 for a 3 bedroom house, £499,983 for a 4 bedroom house and £583,315 for a 5 bedroom house. For a flat similarly the prices varies from £154,793 for a single bedroom to £219,937 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £344,995 and £282,500 for a 4 bedroom flat. To sum up the asking prices for properties in Southern Road, Southbourne, Bournemouth, BH6 it comes to around average £169,845 for 1 bedroom property, £216,750 for 2 bedroom, £389,821 for 3 bedroom, £412,990 for 4 bedroom and £583,315 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 £1,537 for 3 bedroom to £1,400 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £597. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,254, £4,767 for 3 bedroom and £1,400 for 4 bedroom. You should be generally be expecting around average £597 rent per month for single bedroom property, £1,254 for 2 bedroom, £2,183 for 3 bedroom and approximately £1,400 for 4 bedroom property in Southern Road, Southbourne, Bournemouth, BH6 area.

Popular Houses in Southern Road, Southbourne, Bournemouth, BH6

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 Southern Road, Southbourne, Bournemouth, BH6