Springfield Gardens, Banwell, BS29

Street Guide For Springfield Gardens, Banwell, BS29

 

Springfield Gardens, Banwell, BS29 Map

Estimated Price: £218,402
Average Asking Price: £330,193
Price change in last one year: £16,832
Average Price Paid: £169,350
Average Rent Rates: £677

 

Property Prices Breakdown in Springfield Gardens, Banwell, BS29

Average Price for property in Springfield Gardens, Banwell, BS29 is around £218,402 which varies based on type of property you are interested in and ranges from £231,071 for detached house to around £203,201 for semi-detached. Values have been changing and have risen £1,325 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,177 in last 6 months, £16,832 in last 1 year, £27,267 in last 2 years, £29,211 in last 3 years, £31,035 in last 4 years and £30,415 in last 5 years.

Currently average asking price of a property in Springfield Gardens, Banwell, BS29 is around £330,193 based on approximately 2 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £677 per month.

Estimated property value in Springfield Gardens, Banwell, BS29 is £218,402. Average asking price is £330,193 while average price paid is £164,000 which is up by £16,832 and Avg. asking rent £677.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 Springfield Gardens, Banwell, BS29 area. In last 1 year alone average price buyer paid is around £164,000 based on approximately 2 sales in Springfield Gardens, Banwell, BS29 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £160,800. 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 £169,350 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £169,350 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 2 bedroom is around £157,800, £237,475 for a 3 bedroom house, £400,000 for a 4 bedroom house and £482,217 for a 5 bedroom house. To sum up the asking prices for properties in Springfield Gardens, Banwell, BS29 it comes to around average £157,800 for 2 bedroom property, £237,475 for 3 bedroom, £400,000 for 4 bedroom and £482,217 for 5 bedroom.

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 is £813 for 3 bedroom. You should be generally be expecting around average £813 rent per month for 3 bedroom property in Springfield Gardens, Banwell, BS29 area.

Popular Houses in Springfield Gardens, Banwell, BS29

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 Springfield Gardens, Banwell, BS29