Ryde

Area Guide For Ryde

Ryde is a British coastline town and common area, and the most crowded urban zone on the Isle of Wight, with a populace of around 32,250. It lies on the north-east drift. The town became in size as an ocean side resort after the towns of Upper Ryde and Lower Ryde were consolidated in the nineteenth century. The impact of this period is still firmly noticeable in the town's focal and seafront construction modeling.In 1782 various collections of men, ladies and youngsters from HMS Royal George, which sank abruptly at Spithead, were washed aground at Ryde. Numerous were covered ashore that is presently possessed by The Esplanade. A remembrance to them was raised in June 2004.

 
 

Ryde Map

Estimated Price: £206,014
Average Asking Price: £277,221
Price change in last one year: £5,142
Average Price Paid: £181,670
Average Rent Rates: £646

 
 

Property Prices Breakdown in Ryde

Average Price for property in Ryde is around £206,014 which varies based on type of property you are interested in and ranges from £303,036 for detached house to around £187,697 for semi-detached. Similarly terraced house is around £164,057 and a flat is worth £122,374. Values have been changing and have risen £2,362 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,235 in last 6 months, £5,142 in last 1 year, £14,897 in last 2 years, £19,691 in last 3 years, £15,840 in last 4 years and £20,254 in last 5 years.

Currently average asking price of a property in Ryde is around £277,221 based on approximately 514 properties for sale. Same is the case with rental options based on 74 properties up for rent, average asking rent is around £646 per month.

Estimated property value in Ryde is £206,014. Average asking price is £277,221 while average price paid is £187,133 which is up by £5,142 and Avg. asking rent £646.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 Ryde area. In last 1 year alone average price buyer paid is around £187,133 based on approximately 514 sales in Ryde area alone. If you compare it to last 3 years sales of 1,449 properties where buyers paid around £181,446. 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 £181,670 for 2,370 and average amount paid for purchase of approx. 3,227 properties sold in last 7 years comes to about £180,993 per sale.

 
 

Properties For Sale in Ryde

 
 

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 £97,380, £160,753 for a 2 bedroom house, £254,721 for a 3 bedroom house, £409,828 for a 4 bedroom house and £520,992 for a 5 bedroom house. For a flat similarly the prices varies from £92,911 for a single bedroom to £133,109 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £212,780. To sum up the asking prices for properties in Ryde it comes to around average £93,609 for 1 bedroom property, £146,931 for 2 bedroom, £251,887 for 3 bedroom, £409,828 for 4 bedroom and £520,992 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 £546 for 1 bedroom to £600 for 2 bedrooms, £726 for 3 bedrooms, £1,031 for 4 bedrooms and £1,134 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £454. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £534 and £650 for 3 bedroom. You should be generally be expecting around average £461 rent per month for single bedroom property, £564 for 2 bedroom, £711 for 3 bedroom, £1,031 for 4 bedroom and approximately £1,134 for a 5 bedroom property in Ryde area.

Popular Houses in Ryde

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.

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