Verney Road, Bournemouth, BH11

Street Guide For Verney Road, Bournemouth, BH11

 

Verney Road, Bournemouth, BH11 Map

Estimated Price: £185,390
Average Asking Price: £242,347
Price change in last one year: £12,049
Average Price Paid: £143,300
Average Rent Rates: £1,396

 

Property Prices Breakdown in Verney Road, Bournemouth, BH11

Average Price for property in Verney Road, Bournemouth, BH11 is around £185,390 which varies based on type of property you are interested in and ranges from £230,231 for detached house to around £191,273 for semi-detached. Similarly terraced house is around £184,309 and a flat is worth £154,011. Values have been changing and have risen £886 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,891 in last 6 months, £12,049 in last 1 year, £20,490 in last 2 years, £21,047 in last 3 years, £21,447 in last 4 years and £20,277 in last 5 years.

Currently average asking price of a property in Verney Road, Bournemouth, BH11 is around £242,347 based on approximately 1 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £1,396 per month.

Estimated property value in Verney Road, Bournemouth, BH11 is £185,390. Average asking price is £242,347 while average price paid is £189,950 which is up by £12,049 and Avg. asking rent £1,396.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 Verney Road, Bournemouth, BH11 area. In last 1 year alone average price buyer paid is around £189,950 based on approximately 1 sales in Verney Road, Bournemouth, BH11 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £151,350. 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 £143,300 for 8 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £143,300 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 £155,000, £223,764 for a 2 bedroom house, £247,412 for a 3 bedroom house, £256,650 for a 4 bedroom house and £343,317 for a 5 bedroom house. For a flat similarly the prices varies from £144,308 for a 2 bedroom to £150,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Verney Road, Bournemouth, BH11 it comes to around average £155,000 for 1 bedroom property, £199,928 for 2 bedroom, £240,918 for 3 bedroom, £256,650 for 4 bedroom and £343,317 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 £745 for 2 bedroom to £1,001 for 4 bedroom and £1,599 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £594. You should be generally be expecting around average £594 rent per month for single bedroom property, £746 for 2 bedroom, £1,001 for 4 bedroom and approximately £1,599 for 5 bedroom property in Verney Road, Bournemouth, BH11 area.

Popular Houses in Verney Road, Bournemouth, BH11

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 Verney Road, Bournemouth, BH11