The Ridge, Woodfalls, Salisbury, SP5

Street Guide For The Ridge, Woodfalls, Salisbury, SP5

 

The Ridge, Woodfalls, Salisbury, SP5 Map

Estimated Price: £454,750
Average Asking Price: £577,072
Price change in last one year: £34,145
Average Price Paid: £275,357
Average Rent Rates: £1,211

 

Property Prices Breakdown in The Ridge, Woodfalls, Salisbury, SP5

Average Price for property in The Ridge, Woodfalls, Salisbury, SP5 is around £454,750 which varies based on type of property you are interested in and ranges from £486,504 for detached house to around £308,678 for semi-detached. Values have been changing and have risen £5,251 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,789 in last 6 months, £34,145 in last 1 year, £54,435 in last 2 years, £54,960 in last 3 years, £42,110 in last 4 years and £51,689 in last 5 years.

Currently average asking price of a property in The Ridge, Woodfalls, Salisbury, SP5 is around £577,072 based on approximately 1 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £1,211 per month.

Estimated property value in The Ridge, Woodfalls, Salisbury, SP5 is £454,750. Average asking price is £577,072 while average price paid is £390,000 which is up by £34,145 and Avg. asking rent £1,211.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 The Ridge, Woodfalls, Salisbury, SP5 area. In last 1 year alone average price buyer paid is around £390,000 based on approximately 1 sales in The Ridge, Woodfalls, Salisbury, SP5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £280,750. 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 £275,357 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £335,827 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 £235,000, £254,990 for a 2 bedroom house, £401,086 for a 3 bedroom house, £511,636 for a 4 bedroom house and £998,073 for a 5 bedroom house. For a flat similarly the prices varies from £117,950 for a single bedroom to £421,500 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £299,950. To sum up the asking prices for properties in The Ridge, Woodfalls, Salisbury, SP5 it comes to around average £176,475 for 1 bedroom property, £282,742 for 2 bedroom, £396,689 for 3 bedroom, £511,636 for 4 bedroom and £998,073 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 £778 for 2 bedroom to £1,245 for 3 bedroom, £1,606 for 4 bedroom and £1,917 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £494. You should be generally be expecting around average £494 rent per month for single bedroom property, £778 for 2 bedroom, £1,245 for 3 bedroom, £1,606 for 4 bedroom and approximately £1,917 for a 5 bedroom property in The Ridge, Woodfalls, Salisbury, SP5 area.

Popular Houses in The Ridge, Woodfalls, Salisbury, SP5

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 The Ridge, Woodfalls, Salisbury, SP5