Victoria Avenue, Shanklin, PO37

Street Guide For Victoria Avenue, Shanklin, PO37

 
 

Victoria Avenue, Shanklin, PO37 Map

Estimated Price: £222,025
Average Asking Price: £249,116
Price change in last one year: £17,184
Average Price Paid: £188,279
Average Rent Rates: £667

Red Squirrel Property Shop Ltd
11b Holyrood House, St Thomas Square, Newport, PO3
Red Squirrel Property Shop Ltd
11b Holyrood House, St Thomas Square, Newport, PO3

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Property Prices Breakdown in Victoria Avenue, Shanklin, PO37

Average Price for property in Victoria Avenue, Shanklin, PO37 is around £222,025 which varies based on type of property you are interested in and ranges from £352,628 for detached house to around £238,801 for semi-detached. Similarly terraced house is around £173,632 and a flat is worth £145,784. Values have been changing and have risen £2,674 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,059 in last 6 months, £17,184 in last 1 year, £26,341 in last 2 years, £26,086 in last 3 years, £22,878 in last 4 years and £23,831 in last 5 years.

Currently average asking price of a property in Victoria Avenue, Shanklin, PO37 is around £249,116 based on approximately 11 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £667 per month.

Estimated property value in Victoria Avenue, Shanklin, PO37 is £222,025. Average asking price is £249,116 while average price paid is £191,318 which is up by £17,184 and Avg. asking rent £667.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 Victoria Avenue, Shanklin, PO37 area. In last 1 year alone average price buyer paid is around £191,318 based on approximately 11 sales in Victoria Avenue, Shanklin, PO37 area alone. If you compare it to last 3 years sales of 28 properties where buyers paid around £170,016. 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 £188,279 for 49 and average amount paid for purchase of approx. 67 properties sold in last 7 years comes to about £175,346 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 £99,950, £178,020 for a 2 bedroom house, £244,246 for a 3 bedroom house, £350,021 for a 4 bedroom house and £420,333 for a 5 bedroom house. For a flat similarly the prices varies from £109,316 for a single bedroom to £178,086 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £168,650. To sum up the asking prices for properties in Victoria Avenue, Shanklin, PO37 it comes to around average £108,731 for 1 bedroom property, £178,065 for 2 bedroom, £230,502 for 3 bedroom, £350,021 for 4 bedroom and £420,333 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 £613 for 2 bedroom to £771 for 3 bedroom and £1,148 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £576. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £542 and £676 for 3 bedroom. You should be generally be expecting around average £576 rent per month for single bedroom property, £566 for 2 bedroom, £740 for 3 bedroom and approximately £1,148 for 4 bedroom property in Victoria Avenue, Shanklin, PO37 area.

Popular Houses in Victoria Avenue, Shanklin, PO37

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 Victoria Avenue, Shanklin, PO37