Wessex Gardens, Romsey, SO51

Street Guide For Wessex Gardens, Romsey, SO51

 

Wessex Gardens, Romsey, SO51 Map

Estimated Price: £203,372
Average Asking Price: £450,658
Price change in last one year: £14,610
Average Price Paid: £198,500
Average Rent Rates: £1,290

 

Property Prices Breakdown in Wessex Gardens, Romsey, SO51

Average Price for property in Wessex Gardens, Romsey, SO51 is around £203,372 which varies based on type of property you are interested in and ranges from £262,889 for detached house to around £205,042 for semi-detached. Similarly terraced house is around £194,890. Values have been changing and have risen £569 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,701 in last 6 months, £14,610 in last 1 year, £25,241 in last 2 years, £26,564 in last 3 years, £22,221 in last 4 years and £24,963 in last 5 years.

Currently average asking price of a property in Wessex Gardens, Romsey, SO51 is around £450,658 based on approximately 1 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £1,290 per month.

Estimated property value in Wessex Gardens, Romsey, SO51 is £203,372. Average asking price is £450,658 while average price paid is £228,000 which is up by £14,610 and Avg. asking rent £1,290.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 Wessex Gardens, Romsey, SO51 area. In last 1 year alone average price buyer paid is around £228,000 based on approximately 1 sales in Wessex Gardens, Romsey, SO51 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £198,500. 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 £198,500 for 3 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £194,750 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 £152,835, £197,211 for a 2 bedroom house, £373,102 for a 3 bedroom house, £568,678 for a 4 bedroom house and £1,170,833 for a 5 bedroom house. For a flat similarly the prices varies from £135,206 for a single bedroom to £216,932 for a 2 bedroom Flat. To sum up the asking prices for properties in Wessex Gardens, Romsey, SO51 it comes to around average £141,987 for 1 bedroom property, £206,350 for 2 bedroom, £373,102 for 3 bedroom, £568,678 for 4 bedroom and £1,170,833 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 £650 for 1 bedroom to £905 for 2 bedrooms, £1,010 for 3 bedrooms, £2,109 for 4 bedrooms and £3,373 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £677. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £834. You should be generally be expecting around average £674 rent per month for single bedroom property, £865 for 2 bedroom, £1,010 for 3 bedroom, £2,110 for 4 bedroom and approximately £3,374 for a 5 bedroom property in Wessex Gardens, Romsey, SO51 area.

Popular Houses in Wessex Gardens, Romsey, SO51

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 Wessex Gardens, Romsey, SO51