SG16

Real Estate Area Guide For SG16

 

SG16 Map

Estimated Price: £312,284
Average Asking Price: £312,865
Price change in last one year: £31,617
Average Price Paid: £254,499
Average Rent Rates: £724

 

Property Prices Breakdown in SG16

Average Price for property in SG16 is around £312,284 which varies based on type of property you are interested in and ranges from £426,338 for detached house to around £280,245 for semi-detached. Similarly terraced house is around £221,722 and a flat is worth £148,971. Values have been changing and have risen £5,408 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,608 in last 6 months, £31,617 in last 1 year, £49,589 in last 2 years, £49,314 in last 3 years, £48,981 in last 4 years and £52,637 in last 5 years.

Currently average asking price of a property in SG16 is around £312,865 based on approximately 99 properties for sale. Same is the case with rental options based on 2 properties up for rent, average asking rent is around £724 per month.

Estimated property value in SG16 is £312,284. Average asking price is £312,865 while average price paid is £278,917 which is up by £31,617 and Avg. asking rent £724.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 SG16 area. In last 1 year alone average price buyer paid is around £278,917 based on approximately 99 sales in SG16 area alone. If you compare it to last 3 years sales of 256 properties where buyers paid around £259,573. 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 £254,499 for 416 and average amount paid for purchase of approx. 569 properties sold in last 7 years comes to about £252,819 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 £132,330, £184,166 for a 2 bedroom house, £312,498 for a 3 bedroom house, £493,293 for a 4 bedroom house and £462,495 for a 5 bedroom house. For a flat similarly the prices varies from £57,500 for a single bedroom to £188,333 for a 2 bedroom Flat. To sum up the asking prices for properties in SG16 it comes to around average £113,622 for 1 bedroom property, £185,555 for 2 bedroom, £312,498 for 3 bedroom, £493,293 for 4 bedroom and £462,495 for a 5 bedroom property.

But if you are interested in renting a 1 bedroom flat then rent per month can be around £498. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £949. You should be generally be expecting around average £498 rent per month for single bedroom property and approximately £949 for 3 bedroom property in SG16 area.

Popular Houses in SG16

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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