Watership Drive, Ringwood, BH24

Street Guide For Watership Drive, Ringwood, BH24

 

Watership Drive, Ringwood, BH24 Map

Estimated Price: £380,927
Average Asking Price: £642,848
Price change in last one year: £28,320
Average Price Paid: £306,111
Average Rent Rates: £1,790

 

Property Prices Breakdown in Watership Drive, Ringwood, BH24

Average Price for property in Watership Drive, Ringwood, BH24 is around £380,927 which varies based on type of property you are interested in and ranges from £457,026 for detached house to around £288,324 for semi-detached. Similarly flat is around £291,258. Values have been changing and have risen £3,324 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,010 in last 6 months, £28,320 in last 1 year, £50,769 in last 2 years, £49,824 in last 3 years, £50,946 in last 4 years and £44,613 in last 5 years.

Currently average asking price of a property in Watership Drive, Ringwood, BH24 is around £642,848 based on approximately 2 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £1,790 per month.

Estimated property value in Watership Drive, Ringwood, BH24 is £380,927. Average asking price is £642,848 while average price paid is £383,750 which is up by £28,320 and Avg. asking rent £1,790.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 Watership Drive, Ringwood, BH24 area. In last 1 year alone average price buyer paid is around £383,750 based on approximately 2 sales in Watership Drive, Ringwood, BH24 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £301,000. 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 £306,111 for 9 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £315,000 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 2 bedroom is around £170,112, £439,966 for a 3 bedroom house, £744,277 for a 4 bedroom house and £843,222 for a 5 bedroom house. For a flat similarly the prices varies from £124,714 for a single bedroom to £227,981 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £225,000. To sum up the asking prices for properties in Watership Drive, Ringwood, BH24 it comes to around average £124,714 for 1 bedroom property, £189,402 for 2 bedroom, £436,322 for 3 bedroom, £744,277 for 4 bedroom and £843,222 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 £1,751 for 3 bedroom to £2,221 for 4 bedroom and £1,950 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £598. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £897. You should be generally be expecting around average £598 rent per month for single bedroom property, £1,580 for 3 bedroom, £2,221 for 4 bedroom and approximately £1,950 for 5 bedroom property in Watership Drive, Ringwood, BH24 area.

Popular Houses in Watership Drive, Ringwood, BH24

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 Watership Drive, Ringwood, BH24