Vale Drive, Southampton, SO18

Street Guide For Vale Drive, Southampton, SO18

 

Vale Drive, Southampton, SO18 Map

Estimated Price: £118,930
Average Asking Price: £219,179
Price change in last one year: £7,948
Average Price Paid: £107,041
Average Rent Rates: £707

 

Property Prices Breakdown in Vale Drive, Southampton, SO18

Average Price for property in Vale Drive, Southampton, SO18 is around £118,930 e.g. average price for a flat is around 119,242. Values have been changing and have risen £356 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £619 in last 6 months, £7,948 in last 1 year, £13,706 in last 2 years, £14,753 in last 3 years, £12,808 in last 4 years and £12,893 in last 5 years.

Currently average asking price of a property in Vale Drive, Southampton, SO18 is around £219,179 based on approximately 6 properties for sale. Same is the case with rental options based on 65 properties up for rent, average asking rent is around £707 per month.

Estimated property value in Vale Drive, Southampton, SO18 is £118,930. Average asking price is £219,179 while average price paid is £118,825 which is up by £7,948 and Avg. asking rent £707.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 Vale Drive, Southampton, SO18 area. In last 1 year alone average price buyer paid is around £118,825 based on approximately 6 sales in Vale Drive, Southampton, SO18 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £111,265. 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 £107,041 for 17 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £105,622 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 £114,312, £223,614 for a 2 bedroom house, £237,267 for a 3 bedroom house, £324,524 for a 4 bedroom house and £401,812 for a 5 bedroom house. For a flat similarly the prices varies from £174,279 for a single bedroom to £142,142 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £139,908. To sum up the asking prices for properties in Vale Drive, Southampton, SO18 it comes to around average £156,511 for 1 bedroom property, £163,480 for 2 bedroom, £225,097 for 3 bedroom, £324,524 for 4 bedroom and £401,812 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 £458 for 1 bedroom to £776 for 2 bedrooms, £912 for 3 bedrooms, £1,128 for 4 bedrooms and £1,820 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £516. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £728 and £767 for 3 bedroom. You should be generally be expecting around average £499 rent per month for single bedroom property, £732 for 2 bedroom, £888 for 3 bedroom, £1,128 for 4 bedroom and approximately £1,820 for a 5 bedroom property in Vale Drive, Southampton, SO18 area.

Popular Houses in Vale Drive, Southampton, SO18

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 Vale Drive, Southampton, SO18