Southern Way, Wolverton, Milton Keynes, MK12

Street Guide For Southern Way, Wolverton, Milton Keynes, MK12

 

Southern Way, Wolverton, Milton Keynes, MK12 Map

Estimated Price: £175,549
Average Asking Price: £211,608
Price change in last one year: £11,543
Average Price Paid: £140,450
Average Rent Rates: £2,936

 

Property Prices Breakdown in Southern Way, Wolverton, Milton Keynes, MK12

Average Price for property in Southern Way, Wolverton, Milton Keynes, MK12 is around £175,549 which varies based on type of property you are interested in and ranges from £173,975 for semi-detached to around £179,750 for terraced house. Values have been changing and have risen £182 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £112 in last 6 months, £11,543 in last 1 year, £18,928 in last 2 years, £24,249 in last 3 years, £24,455 in last 4 years and £22,638 in last 5 years.

Currently average asking price of a property in Southern Way, Wolverton, Milton Keynes, MK12 is around £211,608 based on approximately 3 properties for sale. Same is the case with rental options based on 41 properties up for rent, average asking rent is around £2,936 per month.

Estimated property value in Southern Way, Wolverton, Milton Keynes, MK12 is £175,549. Average asking price is £211,608 while average price paid is £163,333 which is up by £11,543 and Avg. asking rent £2,936.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 Way, Wolverton, Milton Keynes, MK12 area. In last 1 year alone average price buyer paid is around £163,333 based on approximately 3 sales in Southern Way, Wolverton, Milton Keynes, MK12 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £152,400. 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 £140,450 for 10 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £140,926 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 2 bedroom is around £184,998, £165,245 for a 3 bedroom house and £213,332 for a 4 bedroom house. For a flat similarly the prices varies from £123,124 for a single bedroom to £142,493 for a 2 bedroom Flat. To sum up the asking prices for properties in Southern Way, Wolverton, Milton Keynes, MK12 it comes to around average £123,124 for 1 bedroom property, £151,938 for 2 bedroom, £165,245 for 3 bedroom and £213,332 for 4 bedroom.

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 £997 for 2 bedroom to £956 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £524. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £897. You should be generally be expecting around average £524 rent per month for single bedroom property, £947 for 2 bedroom and approximately £956 for 3 bedroom property in Southern Way, Wolverton, Milton Keynes, MK12 area.

Popular Houses in Southern Way, Wolverton, Milton Keynes, MK12

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 Way, Wolverton, Milton Keynes, MK12