Tormead Road, Guildford, GU1

Street Guide For Tormead Road, Guildford, GU1

 

Tormead Road, Guildford, GU1 Map

Estimated Price: £735,576
Average Asking Price: £522,726
Price change in last one year: £61,221
Average Price Paid: £677,888
Average Rent Rates: £2,355

 

Property Prices Breakdown in Tormead Road, Guildford, GU1

Average Price for property in Tormead Road, Guildford, GU1 is around £735,576 e.g. average price for detached house is around 735,576. Values have been changing and have risen £4,652 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,328 in last 6 months, £61,221 in last 1 year, £106,888 in last 2 years, £108,347 in last 3 years, £120,342 in last 4 years and £128,839 in last 5 years.

Currently average asking price of a property in Tormead Road, Guildford, GU1 is around £522,726 based on approximately 3 properties for sale. Same is the case with rental options based on 152 properties up for rent, average asking rent is around £2,355 per month.

Estimated property value in Tormead Road, Guildford, GU1 is £735,576. Average asking price is £522,726 while average price paid is £843,333 which is up by £61,221 and Avg. asking rent £2,355.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 Tormead Road, Guildford, GU1 area. In last 1 year alone average price buyer paid is around £843,333 based on approximately 3 sales in Tormead Road, Guildford, GU1 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £752,390. 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 £677,888 for 9 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £638,272 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 £154,750, £387,970 for a 2 bedroom house, £451,190 for a 3 bedroom house, £969,439 for a 4 bedroom house and £1,125,556 for a 5 bedroom house. For a flat similarly the prices varies from £247,121 for a single bedroom to £330,254 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £549,995 and £750,000 for a 4 bedroom flat. To sum up the asking prices for properties in Tormead Road, Guildford, GU1 it comes to around average £235,575 for 1 bedroom property, £339,272 for 2 bedroom, £455,681 for 3 bedroom, £947,495 for 4 bedroom and £1,125,556 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 £818 for 1 bedroom to £1,593 for 2 bedrooms, £1,898 for 3 bedrooms, £3,059 for 4 bedrooms and £2,900 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,226. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,558, £2,477 for 3 bedroom and £2,994 for 4 bedroom. You should be generally be expecting around average £1,189 rent per month for single bedroom property, £1,566 for 2 bedroom, £1,948 for 3 bedroom, £3,054 for 4 bedroom and approximately £2,900 for a 5 bedroom property in Tormead Road, Guildford, GU1 area.

Popular Houses in Tormead Road, Guildford, GU1

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 Tormead Road, Guildford, GU1