Springfield, Somersham, Huntingdon, PE28

Street Guide For Springfield, Somersham, Huntingdon, PE28

 

Springfield, Somersham, Huntingdon, PE28 Map

Estimated Price: £167,478
Average Asking Price: £498,843
Price change in last one year: £11,966
Average Price Paid: £143,750
Average Rent Rates: £1,919

 

Property Prices Breakdown in Springfield, Somersham, Huntingdon, PE28

Average Price for property in Springfield, Somersham, Huntingdon, PE28 is around £167,478 which varies based on type of property you are interested in and ranges from £132,253 for detached house to around £181,569 for semi-detached. Similarly flat is around £95,303. Values have been changing and have risen £928 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,532 in last 6 months, £11,966 in last 1 year, £19,193 in last 2 years, £20,862 in last 3 years, £20,440 in last 4 years and £17,342 in last 5 years.

Currently average asking price of a property in Springfield, Somersham, Huntingdon, PE28 is around £498,843 based on approximately 1 properties for sale. Same is the case with rental options based on 49 properties up for rent, average asking rent is around £1,919 per month.

Estimated property value in Springfield, Somersham, Huntingdon, PE28 is £167,478. Average asking price is £498,843 while average price paid is £162,500 which is up by £11,966 and Avg. asking rent £1,919.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, Somersham, Huntingdon, PE28 area. In last 1 year alone average price buyer paid is around £162,500 based on approximately 1 sales in Springfield, Somersham, Huntingdon, PE28 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £143,750. 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 £143,750 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £124,166 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 £81,908, £119,414 for a 2 bedroom house, £248,658 for a 3 bedroom house, £404,839 for a 4 bedroom house and £571,122 for a 5 bedroom house. For a flat similarly the prices varies from £77,300 for a single bedroom to £157,499 for a 2 bedroom Flat. To sum up the asking prices for properties in Springfield, Somersham, Huntingdon, PE28 it comes to around average £79,813 for 1 bedroom property, £125,507 for 2 bedroom, £248,658 for 3 bedroom, £404,839 for 4 bedroom and £571,122 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 £737 for 1 bedroom to £751 for 2 bedrooms, £990 for 3 bedrooms, £1,344 for 4 bedrooms and £2,201 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £650. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £633. You should be generally be expecting around average £694 rent per month for single bedroom property, £707 for 2 bedroom, £990 for 3 bedroom, £1,344 for 4 bedroom and approximately £2,202 for a 5 bedroom property in Springfield, Somersham, Huntingdon, PE28 area.

Popular Houses in Springfield, Somersham, Huntingdon, PE28

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, Somersham, Huntingdon, PE28