Welsh Road West, Southam, CV47

Street Guide For Welsh Road West, Southam, CV47

 

Welsh Road West, Southam, CV47 Map

Estimated Price: £249,336
Average Asking Price: £334,404
Price change in last one year: £7,947
Average Price Paid: £224,642
Average Rent Rates: £995

 

Property Prices Breakdown in Welsh Road West, Southam, CV47

Average Price for property in Welsh Road West, Southam, CV47 is around £249,336 which varies based on type of property you are interested in and ranges from £292,477 for detached house to around £230,036 for semi-detached. Similarly terraced house is around £221,533. Values have been changing and have risen £463 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £428 in last 6 months, £7,947 in last 1 year, £26,690 in last 2 years, £32,029 in last 3 years, £28,023 in last 4 years and £25,779 in last 5 years.

Currently average asking price of a property in Welsh Road West, Southam, CV47 is around £334,404 based on approximately 2 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £995 per month.

Estimated property value in Welsh Road West, Southam, CV47 is £249,336. Average asking price is £334,404 while average price paid is £240,250 which is up by £7,947 and Avg. asking rent £995.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 Welsh Road West, Southam, CV47 area. In last 1 year alone average price buyer paid is around £240,250 based on approximately 2 sales in Welsh Road West, Southam, CV47 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £222,083. 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 £224,642 for 7 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £213,268 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 £200,715, £301,415 for a 3 bedroom house, £469,262 for a 4 bedroom house and £482,500 for a 5 bedroom house. For a flat similarly the prices varies from £85,000 for a single bedroom to £132,476 for a 2 bedroom Flat. To sum up the asking prices for properties in Welsh Road West, Southam, CV47 it comes to around average £85,000 for 1 bedroom property, £189,342 for 2 bedroom, £301,415 for 3 bedroom, £469,262 for 4 bedroom and £482,500 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 £598 for 1 bedroom to £936 for 2 bedroom, £1,020 for 3 bedroom and £1,794 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £494. You should be generally be expecting around average £546 rent per month for single bedroom property, £936 for 2 bedroom, £1,020 for 3 bedroom and approximately £1,794 for 5 bedroom property in Welsh Road West, Southam, CV47 area.

Popular Houses in Welsh Road West, Southam, CV47

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 Welsh Road West, Southam, CV47