Southmead Close, Mayfield, TN20

Street Guide For Southmead Close, Mayfield, TN20

 

Southmead Close, Mayfield, TN20 Map

Estimated Price: £276,528
Average Asking Price: £849,636
Price change in last one year: £26,931
Average Price Paid: £238,158
Average Rent Rates: £1,506

 

Property Prices Breakdown in Southmead Close, Mayfield, TN20

Average Price for property in Southmead Close, Mayfield, TN20 is around £276,528 which varies based on type of property you are interested in and ranges from £290,774 for semi-detached to around £169,676 for a flat. Values have been changing and have risen £1,478 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,996 in last 6 months, £26,931 in last 1 year, £37,057 in last 2 years, £43,381 in last 3 years, £38,658 in last 4 years and £40,357 in last 5 years.

Currently average asking price of a property in Southmead Close, Mayfield, TN20 is around £849,636 based on approximately 2 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £1,506 per month.

Estimated property value in Southmead Close, Mayfield, TN20 is £276,528. Average asking price is £849,636 while average price paid is £225,000 which is up by £26,931 and Avg. asking rent £1,506.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 Southmead Close, Mayfield, TN20 area. In last 1 year alone average price buyer paid is around £225,000 based on approximately 2 sales in Southmead Close, Mayfield, TN20 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £228,500. 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 £238,158 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £224,243 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 £285,000, £545,825 for a 3 bedroom house, £764,905 for a 4 bedroom house and £961,250 for a 5 bedroom house. For a flat the prices of 2 bedroom is £424,875. To sum up the asking prices for properties in Southmead Close, Mayfield, TN20 it comes to around average £396,900 for 2 bedroom property, £545,825 for 3 bedroom, £764,905 for 4 bedroom and £961,250 for 5 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 £702 for 1 bedroom to £1,495 for 3 bedroom and £1,847 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £1,950. You should be generally be expecting around average £702 rent per month for single bedroom property, £1,950 for 2 bedroom, £1,495 for 3 bedroom and approximately £1,847 for 4 bedroom property in Southmead Close, Mayfield, TN20 area.

Popular Houses in Southmead Close, Mayfield, TN20

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 Southmead Close, Mayfield, TN20