Southsea

Area Guide For Southsea

Southsea is a small formerly industrial village on the Gwenfro river in Broughton community, the county borough of Wrexham, Wales. The village came into being at the site of the Broughton Hall Brickworks and Plas Power Colliery. Its Welsh language placename (meaning "the bank of the river", glan yr afon) derives from that of a farm. Its exotic-sounding English name, however, comes from the South Sea Inn which used to stand over the road from the brickworks, and in a room of which the brickworks pay was distributed. The Wrexham historian Alfred Neobard Palmer noted that the name Southsea first appeared on the rate books as early as 1786, though also commenting that this was "an absurd name which should never have been adopted, especially as there was an appropriate name ready to hand". Southsea's church, All Saints, was formerly its church hall. The previous church, built in 1921 after the original building became unsafe due to mining subsidence, itself became unsafe and was demolished in 1984.

 
 

Southsea Map

Estimated Price: £207,104
Average Asking Price: £248,409
Price change in last one year: £13,002
Average Price Paid: £180,578
Average Rent Rates: £1,185

 
 

Property Prices Breakdown in Southsea

Average Price for property in Southsea is around £207,104 which varies based on type of property you are interested in and ranges from £521,241 for detached house to around £323,507 for semi-detached. Similarly terraced house is around £207,456 and a flat is worth £158,714. Values have been changing and have risen £1,173 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,065 in last 6 months, £13,002 in last 1 year, £29,454 in last 2 years, £29,157 in last 3 years, £30,379 in last 4 years and £27,696 in last 5 years.

Currently average asking price of a property in Southsea is around £248,409 based on approximately 1,123 properties for sale. Same is the case with rental options based on 846 properties up for rent, average asking rent is around £1,185 per month.

Estimated property value in Southsea is £207,104. Average asking price is £248,409 while average price paid is £192,210 which is up by £13,002 and Avg. asking rent £1,185.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 Southsea area. In last 1 year alone average price buyer paid is around £192,210 based on approximately 1,123 sales in Southsea area alone. If you compare it to last 3 years sales of 3,091 properties where buyers paid around £182,902. 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 £180,578 for 4,824 and average amount paid for purchase of approx. 6,668 properties sold in last 7 years comes to about £175,823 per sale.

 
 

Properties For Sale in Southsea

 
 

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 £150,666, £176,734 for a 2 bedroom house, £254,066 for a 3 bedroom house, £374,993 for a 4 bedroom house and £601,997 for a 5 bedroom house. For a flat similarly the prices varies from £112,029 for a single bedroom to £217,743 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £277,529 and £317,000 for a 4 bedroom flat. To sum up the asking prices for properties in Southsea it comes to around average £114,522 for 1 bedroom property, £206,996 for 2 bedroom, £258,954 for 3 bedroom, £367,744 for 4 bedroom and £601,997 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 £565 for 1 bedroom to £770 for 2 bedrooms, £1,008 for 3 bedrooms, £1,315 for 4 bedrooms and £1,747 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £592. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £799, £963 for 3 bedroom, £1,420 for 4 bedroom and around £1,792 for 5 bedroom flat. You should be generally be expecting around average £585 rent per month for single bedroom property, £792 for 2 bedroom, £993 for 3 bedroom, £1,327 for 4 bedroom and approximately £1,749 for a 5 bedroom property in Southsea area.

Popular Houses in Southsea

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.

Sold Properties in Southsea

Browse by Streets in Southsea

Browse by Outcodes in Southsea