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.