Swallow Bank, St. Leonards-on-Sea, TN38

Street Guide For Swallow Bank, St. Leonards-on-Sea, TN38

 

Swallow Bank, St. Leonards-on-Sea, TN38 Map

Estimated Price: £305,608
Average Asking Price: £213,149
Price change in last one year: £32,324
Average Price Paid: £270,000
Average Rent Rates: £721

 

Property Prices Breakdown in Swallow Bank, St. Leonards-on-Sea, TN38

Average Price for property in Swallow Bank, St. Leonards-on-Sea, TN38 is around £305,608 e.g. average price for detached house is around 305,608. Values have been changing and have risen £1,937 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,870 in last 6 months, £32,324 in last 1 year, £41,643 in last 2 years, £48,122 in last 3 years, £42,885 in last 4 years and £42,915 in last 5 years.

Currently average asking price of a property in Swallow Bank, St. Leonards-on-Sea, TN38 is around £213,149 based on approximately 1 properties for sale. Same is the case with rental options based on 57 properties up for rent, average asking rent is around £721 per month.

Estimated property value in Swallow Bank, St. Leonards-on-Sea, TN38 is £305,608. Average asking price is £213,149 while average price paid is £270,000 which is up by £32,324 and Avg. asking rent £721.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 Swallow Bank, St. Leonards-on-Sea, TN38 area. In last 1 year alone average price buyer paid is around £270,000 based on approximately 1 sales in Swallow Bank, St. Leonards-on-Sea, TN38 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £270,000. 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 £270,000 for 1 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £247,500 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 £106,023, £199,495 for a 3 bedroom house, £278,259 for a 4 bedroom house and £359,975 for a 5 bedroom house. For a flat similarly the prices varies from £89,911 for a single bedroom to £129,304 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £203,206. To sum up the asking prices for properties in Swallow Bank, St. Leonards-on-Sea, TN38 it comes to around average £89,911 for 1 bedroom property, £123,154 for 2 bedroom, £200,272 for 3 bedroom, £278,259 for 4 bedroom and £359,975 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 £371 for 1 bedroom to £712 for 2 bedroom, £883 for 3 bedroom and £1,054 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £466. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £691 and £761 for 3 bedroom. You should be generally be expecting around average £434 rent per month for single bedroom property, £697 for 2 bedroom, £842 for 3 bedroom and approximately £1,054 for 4 bedroom property in Swallow Bank, St. Leonards-on-Sea, TN38 area.

Popular Houses in Swallow Bank, St. Leonards-on-Sea, TN38

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 Swallow Bank, St. Leonards-on-Sea, TN38