Windmill Close, Milford on Sea, Lymington, SO41

Street Guide For Windmill Close, Milford on Sea, Lymington, SO41

 

Windmill Close, Milford on Sea, Lymington, SO41 Map

Estimated Price: £292,863
Average Asking Price: £584,287
Price change in last one year: £21,407
Average Price Paid: £256,250
Average Rent Rates: £1,447

 

Property Prices Breakdown in Windmill Close, Milford on Sea, Lymington, SO41

Average Price for property in Windmill Close, Milford on Sea, Lymington, SO41 is around £292,863 which varies based on type of property you are interested in and ranges from £286,273 for semi-detached to around £294,061 for terraced house. Values have been changing and have risen £841 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,359 in last 6 months, £21,407 in last 1 year, £38,980 in last 2 years, £41,575 in last 3 years, £34,260 in last 4 years and £39,823 in last 5 years.

Currently average asking price of a property in Windmill Close, Milford on Sea, Lymington, SO41 is around £584,287 based on approximately 1 properties for sale. Same is the case with rental options based on 59 properties up for rent, average asking rent is around £1,447 per month.

Estimated property value in Windmill Close, Milford on Sea, Lymington, SO41 is £292,863. Average asking price is £584,287 while average price paid is £250,000 which is up by £21,407 and Avg. asking rent £1,447.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 Windmill Close, Milford on Sea, Lymington, SO41 area. In last 1 year alone average price buyer paid is around £250,000 based on approximately 1 sales in Windmill Close, Milford on Sea, Lymington, SO41 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £255,000. 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 £256,250 for 4 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £251,500 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 £196,650, £345,228 for a 2 bedroom house, £491,076 for a 3 bedroom house, £752,910 for a 4 bedroom house and £1,025,276 for a 5 bedroom house. For a flat similarly the prices varies from £174,298 for a single bedroom to £320,428 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £395,612 and £551,333 for a 4 bedroom flat. To sum up the asking prices for properties in Windmill Close, Milford on Sea, Lymington, SO41 it comes to around average £177,092 for 1 bedroom property, £333,246 for 2 bedroom, £479,386 for 3 bedroom, £747,310 for 4 bedroom and £1,025,276 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 £1,055 for 2 bedroom to £1,416 for 3 bedroom, £1,505 for 4 bedroom and £2,637 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £693. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £912 and £1,025 for 3 bedroom. You should be generally be expecting around average £693 rent per month for single bedroom property, £984 for 2 bedroom, £1,345 for 3 bedroom, £1,505 for 4 bedroom and approximately £2,637 for a 5 bedroom property in Windmill Close, Milford on Sea, Lymington, SO41 area.

Popular Houses in Windmill Close, Milford on Sea, Lymington, SO41

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 Windmill Close, Milford on Sea, Lymington, SO41