Southport

Area Guide For Southport

Southport is a seaside town in the Metropolitan Borough of Sefton in Merseyside, England. During the 2001 census Southport was recorded as having a population of 90,336, making it the eleventh most populous settlement in North West England. The endonym for people from Southport is "Sandgrounder". Southport lies on the Irish Sea coast of North West England and is fringed to the north by the Ribble estuary. The town is situated 16.5 miles (26.6 km) to the north of the city of Liverpool and 14.8 miles (23.8 km) southwest of the city of Preston. Historically a part of Lancashire, the town in its present form was founded in 1792 when a hotel was built at what now is the south end of Lord Street. At that time the area was sparsely populated and was dominated by sand dunes. During the turn of the 19th century the area became popular with tourists due to the easy access from the nearby Leeds and Liverpool Canal and the town quickly grew. The rapid growth of Southport largely coincided with the Industrial Revolution and the Victorian era. Town attractions include Southport Pier with its Southport Pier Tramway, the second longest seaside pleasure pier in the British Isles, and

 
 

Southport Map

Estimated Price: £195,669
Average Asking Price: £216,387
Price change in last one year: £12,785
Average Price Paid: £166,521
Average Rent Rates: £653

 
 

Property Prices Breakdown in Southport

Average Price for property in Southport is around £195,669 which varies based on type of property you are interested in and ranges from £310,938 for detached house to around £172,616 for semi-detached. Similarly terraced house is around £145,190 and a flat is worth £141,576. Values have been changing and have risen £1,792 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,538 in last 6 months, £12,785 in last 1 year, £20,877 in last 2 years, £19,362 in last 3 years, £19,168 in last 4 years and £3,846 in last 5 years.

Currently average asking price of a property in Southport is around £216,387 based on approximately 1,332 properties for sale. Same is the case with rental options based on 145 properties up for rent, average asking rent is around £653 per month.

Estimated property value in Southport is £195,669. Average asking price is £216,387 while average price paid is £170,494 which is up by £12,785 and Avg. asking rent £653.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 Southport area. In last 1 year alone average price buyer paid is around £170,494 based on approximately 1,332 sales in Southport area alone. If you compare it to last 3 years sales of 3,540 properties where buyers paid around £165,099. 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 £166,521 for 5,516 and average amount paid for purchase of approx. 7,313 properties sold in last 7 years comes to about £169,382 per sale.

 
 

Properties For Sale in Southport

 
 

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 £74,625, £140,485 for a 2 bedroom house, £180,713 for a 3 bedroom house, £307,100 for a 4 bedroom house and £416,124 for a 5 bedroom house. For a flat similarly the prices varies from £81,437 for a single bedroom to £139,832 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £258,968 and £99,995 for a 4 bedroom flat. To sum up the asking prices for properties in Southport it comes to around average £81,018 for 1 bedroom property, £140,074 for 2 bedroom, £192,596 for 3 bedroom, £305,494 for 4 bedroom and £416,124 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 £620 for 2 bedroom to £812 for 3 bedroom and £885 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £433. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £572 and £608 for 3 bedroom. You should be generally be expecting around average £433 rent per month for single bedroom property, £582 for 2 bedroom, £763 for 3 bedroom and approximately £885 for 4 bedroom property in Southport area.

Popular Houses in Southport

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.

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