Area Guide For Southwell

Southwell is a town in Nottinghamshire, England, best recongnized as the site of Southwell Minster, the seat of the Church of England ward that covers Nottinghamshire.The towns total population is estimated at 6,900.

The root of Southwell's name is not clear, however there various areas which claim to be the first "well", most prominently at GR708535 where a plaque has been set; in the Admiral Rodney open house; one on the south side of the minster which was called Lady Well in the nineteenth century; and one by the orders called Holy Well. Norwell pretty nearly eight miles northwest may help the idea of there being "south" and "north" wells in the the sea.


Southwell Map

Estimated Price: £335,112
Average Asking Price: £417,144
Price change in last one year: £12,412
Average Price Paid: £265,443
Average Rent Rates: £629


Property Prices Breakdown in Southwell

Average Price for property in Southwell is around £335,112 which varies based on type of property you are interested in and ranges from £402,470 for detached house to around £227,042 for semi-detached. Similarly terraced house is around £210,637 and a flat is worth £182,036. Values have been changing and have risen £1,200 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,066 in last 6 months, £12,412 in last 1 year, £39,315 in last 2 years, £40,463 in last 3 years, £25,202 in last 4 years and £18,787 in last 5 years.

Currently average asking price of a property in Southwell is around £417,144 based on approximately 114 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £629 per month.

Estimated property value in Southwell is £335,112. Average asking price is £417,144 while average price paid is £279,838 which is up by £12,412 and Avg. asking rent £629.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 Southwell area. In last 1 year alone average price buyer paid is around £279,838 based on approximately 114 sales in Southwell area alone. If you compare it to last 3 years sales of 384 properties where buyers paid around £265,702. 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 £265,443 for 596 and average amount paid for purchase of approx. 822 properties sold in last 7 years comes to about £262,973 per sale.


Properties For Sale in Southwell


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 £95,000, £207,480 for a 2 bedroom house, £295,475 for a 3 bedroom house, £419,907 for a 4 bedroom house and £570,714 for a 5 bedroom house. For a flat similarly the prices varies from £119,950 for a single bedroom to £240,633 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £165,000. To sum up the asking prices for properties in Southwell it comes to around average £107,475 for 1 bedroom property, £215,131 for 2 bedroom, £283,614 for 3 bedroom, £419,907 for 4 bedroom and £570,714 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 £475 for 1 bedroom to £607 for 2 bedroom, £663 for 3 bedroom and £1,599 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £471. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £825. You should be generally be expecting around average £472 rent per month for single bedroom property, £700 for 2 bedroom, £663 for 3 bedroom and approximately £1,599 for 4 bedroom property in Southwell area.

Popular Houses in Southwell

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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