Surrey Road South, Westbourne, Bournemouth, BH4

Street Guide For Surrey Road South, Westbourne, Bournemouth, BH4

 

Surrey Road South, Westbourne, Bournemouth, BH4 Map

Estimated Price: £162,934
Average Asking Price: £439,807
Price change in last one year: £10,742
Average Price Paid: £126,311
Average Rent Rates: £962

 

Property Prices Breakdown in Surrey Road South, Westbourne, Bournemouth, BH4

Average Price for property in Surrey Road South, Westbourne, Bournemouth, BH4 is around £162,934 e.g. average price for a flat is around 162,934. Values have been changing and have risen £1,129 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,042 in last 6 months, £10,742 in last 1 year, £16,025 in last 2 years, £17,897 in last 3 years, £18,418 in last 4 years and £17,097 in last 5 years.

Currently average asking price of a property in Surrey Road South, Westbourne, Bournemouth, BH4 is around £439,807 based on approximately 2 properties for sale. Same is the case with rental options based on 53 properties up for rent, average asking rent is around £962 per month.

Estimated property value in Surrey Road South, Westbourne, Bournemouth, BH4 is £162,934. Average asking price is £439,807 while average price paid is £118,000 which is up by £10,742 and Avg. asking rent £962.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 Surrey Road South, Westbourne, Bournemouth, BH4 area. In last 1 year alone average price buyer paid is around £118,000 based on approximately 2 sales in Surrey Road South, Westbourne, Bournemouth, BH4 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £129,360. 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 £126,311 for 9 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £126,311 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 £129,950, £176,633 for a 2 bedroom house, £526,800 for a 3 bedroom house, £810,812 for a 4 bedroom house and £1,231,667 for a 5 bedroom house. For a flat similarly the prices varies from £133,138 for a single bedroom to £242,008 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £401,238 and £955,900 for a 4 bedroom flat. To sum up the asking prices for properties in Surrey Road South, Westbourne, Bournemouth, BH4 it comes to around average £132,911 for 1 bedroom property, £239,036 for 2 bedroom, £440,700 for 3 bedroom, £853,485 for 4 bedroom and £1,231,667 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 £412 for 1 bedroom to £1,200 for 3 bedroom and £1,558 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £524. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £852 and £1,149 for 3 bedroom. You should be generally be expecting around average £501 rent per month for single bedroom property, £852 for 2 bedroom, £1,159 for 3 bedroom and approximately £1,558 for 4 bedroom property in Surrey Road South, Westbourne, Bournemouth, BH4 area.

Popular Houses in Surrey Road South, Westbourne, Bournemouth, BH4

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 Surrey Road South, Westbourne, Bournemouth, BH4