Southwood Drive, Manchester, M9

Street Guide For Southwood Drive, Manchester, M9

 

Southwood Drive, Manchester, M9 Map

Estimated Price: £120,149
Average Asking Price: £120,016
Price change in last one year: £7,298
Average Price Paid: £112,500
Average Rent Rates: £576

 

Property Prices Breakdown in Southwood Drive, Manchester, M9

Average Price for property in Southwood Drive, Manchester, M9 is around £120,149 which varies based on type of property you are interested in and ranges from £117,212 for semi-detached to around £131,896 for a flat. Values have been changing and have risen £57 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £133 in last 6 months, £7,298 in last 1 year, £11,685 in last 2 years, £12,293 in last 3 years, £11,690 in last 4 years and £9,216 in last 5 years.

Currently average asking price of a property in Southwood Drive, Manchester, M9 is around £120,016 based on approximately 0 properties for sale. Same is the case with rental options based on 74 properties up for rent, average asking rent is around £576 per month.

Estimated property value in Southwood Drive, Manchester, M9 is £120,149. Average asking price is £120,016 while average price paid is £112,500 which is up by £9,216 and Avg. asking rent £576.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 Southwood Drive, Manchester, M9 area. In last 5 years alone average price buyer paid is around £112,500 based on approximately 2 sales in Southwood Drive, Manchester, M9 area alone. If you compare it to last 7 years sales of 2 properties where buyers paid around £112,500.

 
 

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 £185,000, £75,060 for a 2 bedroom house, £120,294 for a 3 bedroom house, £180,864 for a 4 bedroom house and £200,000 for a 5 bedroom house. For a flat similarly the prices varies from £69,141 for a single bedroom to £85,041 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £108,500 and £295,000 for a 5 bedroom flat. To sum up the asking prices for properties in Southwood Drive, Manchester, M9 it comes to around average £83,624 for 1 bedroom property, £81,559 for 2 bedroom, £119,962 for 3 bedroom, £180,864 for 4 bedroom and £231,667 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 £510 for 2 bedroom to £571 for 3 bedroom and £918 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £425. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £541 and £572 for 3 bedroom. You should be generally be expecting around average £425 rent per month for single bedroom property, £530 for 2 bedroom, £571 for 3 bedroom and approximately £918 for 4 bedroom property in Southwood Drive, Manchester, M9 area.

Popular Houses in Southwood Drive, Manchester, M9

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 Southwood Drive, Manchester, M9