Spring Gardens, Wallington, SM6

Street Guide For Spring Gardens, Wallington, SM6

 

Spring Gardens, Wallington, SM6 Map

Estimated Price: £241,927
Average Asking Price: £395,352
Price change in last one year: £30,948
Average Price Paid: £181,857
Average Rent Rates: £1,543

 

Property Prices Breakdown in Spring Gardens, Wallington, SM6

Average Price for property in Spring Gardens, Wallington, SM6 is around £241,927 e.g. average price for a flat is around 241,927. Values have been changing and have risen £3,515 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,355 in last 6 months, £30,948 in last 1 year, £45,404 in last 2 years, £48,489 in last 3 years, £55,423 in last 4 years and £50,062 in last 5 years.

Currently average asking price of a property in Spring Gardens, Wallington, SM6 is around £395,352 based on approximately 2 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £1,543 per month.

Estimated property value in Spring Gardens, Wallington, SM6 is £241,927. Average asking price is £395,352 while average price paid is £215,000 which is up by £30,948 and Avg. asking rent £1,543.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 Spring Gardens, Wallington, SM6 area. In last 1 year alone average price buyer paid is around £215,000 based on approximately 2 sales in Spring Gardens, Wallington, SM6 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £181,857. 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 £181,857 for 7 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £181,857 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 1 bedroom is around £179,950, £339,988 for a 2 bedroom house, £396,462 for a 3 bedroom house, £532,135 for a 4 bedroom house and £645,000 for a 5 bedroom house. For a flat similarly the prices varies from £197,829 for a single bedroom to £249,463 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £200,000. To sum up the asking prices for properties in Spring Gardens, Wallington, SM6 it comes to around average £195,594 for 1 bedroom property, £265,206 for 2 bedroom, £385,547 for 3 bedroom, £532,135 for 4 bedroom and £645,000 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 £663 for 1 bedroom to £1,442 for 3 bedroom, £1,701 for 4 bedroom and £2,351 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £824. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,052, £1,140 for 3 bedroom and £1,200 for 4 bedroom. You should be generally be expecting around average £788 rent per month for single bedroom property, £1,052 for 2 bedroom, £1,291 for 3 bedroom, £1,534 for 4 bedroom and approximately £2,351 for a 5 bedroom property in Spring Gardens, Wallington, SM6 area.

Popular Houses in Spring Gardens, Wallington, SM6

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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