Spring Gardens, West Molesey, KT8

Street Guide For Spring Gardens, West Molesey, KT8

 

Spring Gardens, West Molesey, KT8 Map

Estimated Price: £431,277
Average Asking Price: £614,907
Price change in last one year: £28,048
Average Price Paid: £353,825
Average Rent Rates: £1,952

 

Property Prices Breakdown in Spring Gardens, West Molesey, KT8

Average Price for property in Spring Gardens, West Molesey, KT8 is around £431,277 which varies based on type of property you are interested in and ranges from £523,016 for semi-detached to around £393,052 for terraced house. Values have been changing and have risen £116 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £490 in last 6 months, £28,048 in last 1 year, £62,997 in last 2 years, £79,041 in last 3 years, £82,010 in last 4 years and £86,077 in last 5 years.

Currently average asking price of a property in Spring Gardens, West Molesey, KT8 is around £614,907 based on approximately 1 properties for sale. Same is the case with rental options based on 88 properties up for rent, average asking rent is around £1,952 per month.

Estimated property value in Spring Gardens, West Molesey, KT8 is £431,277. Average asking price is £614,907 while average price paid is £440,000 which is up by £28,048 and Avg. asking rent £1,952.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, West Molesey, KT8 area. In last 1 year alone average price buyer paid is around £440,000 based on approximately 1 sales in Spring Gardens, West Molesey, KT8 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £373,964. 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 £353,825 for 10 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £344,386 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 £725,000, £449,261 for a 2 bedroom house, £551,219 for a 3 bedroom house, £722,605 for a 4 bedroom house and £784,142 for a 5 bedroom house. For a flat similarly the prices varies from £201,036 for a single bedroom to £361,048 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £374,950. To sum up the asking prices for properties in Spring Gardens, West Molesey, KT8 it comes to around average £266,531 for 1 bedroom property, £394,426 for 2 bedroom, £541,942 for 3 bedroom, £722,605 for 4 bedroom and £784,142 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 £1,432 for 2 bedroom to £2,560 for 3 bedroom and £2,349 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,088. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,659 and £1,361 for 3 bedroom. You should be generally be expecting around average £2,088 rent per month for single bedroom property, £1,607 for 2 bedroom, £1,960 for 3 bedroom and approximately £2,349 for 4 bedroom property in Spring Gardens, West Molesey, KT8 area.

Popular Houses in Spring Gardens, West Molesey, KT8

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 Spring Gardens, West Molesey, KT8