Wick Lane, Southbourne, Bournemouth, BH6

Street Guide For Wick Lane, Southbourne, Bournemouth, BH6

 
 

Wick Lane, Southbourne, Bournemouth, BH6 Map

Estimated Price: £490,637
Average Asking Price: £280,233
Price change in last one year: £30,820
Average Price Paid: £434,047
Average Rent Rates: £1,175

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105 - Southbourne Grove, Bournemouth, BH6 3QY

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Property Prices Breakdown in Wick Lane, Southbourne, Bournemouth, BH6

Average Price for property in Wick Lane, Southbourne, Bournemouth, BH6 is around £490,637 which varies based on type of property you are interested in and ranges from £520,697 for detached house to around £378,330 for semi-detached. Similarly terraced house is around £521,017 and a flat is worth £286,180. Values have been changing and have risen £1,925 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,205 in last 6 months, £30,820 in last 1 year, £50,382 in last 2 years, £56,965 in last 3 years, £58,719 in last 4 years and £52,781 in last 5 years.

Currently average asking price of a property in Wick Lane, Southbourne, Bournemouth, BH6 is around £280,233 based on approximately 5 properties for sale. Same is the case with rental options based on 36 properties up for rent, average asking rent is around £1,175 per month.

Estimated property value in Wick Lane, Southbourne, Bournemouth, BH6 is £490,637. Average asking price is £280,233 while average price paid is £411,400 which is up by £30,820 and Avg. asking rent £1,175.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 Wick Lane, Southbourne, Bournemouth, BH6 area. In last 1 year alone average price buyer paid is around £411,400 based on approximately 5 sales in Wick Lane, Southbourne, Bournemouth, BH6 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £426,700. 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 £434,047 for 19 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £420,661 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 £204,967, £158,317 for a 2 bedroom house, £421,839 for a 3 bedroom house, £499,983 for a 4 bedroom house and £583,315 for a 5 bedroom house. For a flat similarly the prices varies from £154,793 for a single bedroom to £219,937 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £344,995 and £282,500 for a 4 bedroom flat. To sum up the asking prices for properties in Wick Lane, Southbourne, Bournemouth, BH6 it comes to around average £169,845 for 1 bedroom property, £216,750 for 2 bedroom, £389,821 for 3 bedroom, £412,990 for 4 bedroom and £583,315 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 £1,537 for 3 bedroom to £1,400 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £597. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,254, £4,767 for 3 bedroom and £1,400 for 4 bedroom. You should be generally be expecting around average £597 rent per month for single bedroom property, £1,254 for 2 bedroom, £2,183 for 3 bedroom and approximately £1,400 for 4 bedroom property in Wick Lane, Southbourne, Bournemouth, BH6 area.

Popular Houses in Wick Lane, Southbourne, Bournemouth, BH6

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 Wick Lane, Southbourne, Bournemouth, BH6