Worsley Road, Gurnard, Cowes, PO31

Street Guide For Worsley Road, Gurnard, Cowes, PO31

 
 

Worsley Road, Gurnard, Cowes, PO31 Map

Estimated Price: £369,346
Average Asking Price: £278,416
Price change in last one year: £26,672
Average Price Paid: £315,625
Average Rent Rates: £702

Red Squirrel Property Shop Ltd
11b Holyrood House, St Thomas Square, Newport, PO3
Red Squirrel Property Shop Ltd
11b Holyrood House, St Thomas Square, Newport, PO3

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Property Prices Breakdown in Worsley Road, Gurnard, Cowes, PO31

Average Price for property in Worsley Road, Gurnard, Cowes, PO31 is around £369,346 which varies based on type of property you are interested in and ranges from £422,220 for detached house to around £263,599 for semi-detached. Values have been changing and have risen £4,092 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,316 in last 6 months, £26,672 in last 1 year, £43,676 in last 2 years, £44,781 in last 3 years, £42,726 in last 4 years and £46,587 in last 5 years.

Currently average asking price of a property in Worsley Road, Gurnard, Cowes, PO31 is around £278,416 based on approximately 2 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £702 per month.

Estimated property value in Worsley Road, Gurnard, Cowes, PO31 is £369,346. Average asking price is £278,416 while average price paid is £225,000 which is up by £26,672 and Avg. asking rent £702.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 Worsley Road, Gurnard, Cowes, PO31 area. In last 1 year alone average price buyer paid is around £225,000 based on approximately 2 sales in Worsley Road, Gurnard, Cowes, PO31 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £225,000. 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 £315,625 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £302,727 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 £125,000, £140,865 for a 2 bedroom house, £258,653 for a 3 bedroom house, £345,084 for a 4 bedroom house and £667,727 for a 5 bedroom house. For a flat similarly the prices varies from £106,000 for a single bedroom to £248,918 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £541,667. To sum up the asking prices for properties in Worsley Road, Gurnard, Cowes, PO31 it comes to around average £108,375 for 1 bedroom property, £183,636 for 2 bedroom, £272,130 for 3 bedroom, £345,084 for 4 bedroom and £667,727 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 £603 for 2 bedroom to £748 for 3 bedroom and £1,555 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £517. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £614. You should be generally be expecting around average £517 rent per month for single bedroom property, £608 for 2 bedroom, £748 for 3 bedroom and approximately £1,554 for 4 bedroom property in Worsley Road, Gurnard, Cowes, PO31 area.

Popular Houses in Worsley Road, Gurnard, Cowes, PO31

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 Worsley Road, Gurnard, Cowes, PO31