Axminster

Area Guide For Axminster

Arranged on the River Ax, the alluring old business town of Axminster lies in the excellent Ax Valley, an Area of Outstanding Natural Beauty, bragging interesting towns and untainted farmland. Arranged a couple of miles inland from the Jurassic Coast, tucked in the south east corner of Devon, Axminster is a perfect visiting habitat for the neighboring areas of Somerset and Dorset. Axminster railway station is on the West of England Main Line that runs from Exeter via Salisbury to London Waterloo.

 
 

Axminster Map

Estimated Price: £306,730
Average Asking Price: £313,305
Price change in last one year: £14,851
Average Price Paid: £256,388
Average Rent Rates: £780

 
 

Property Prices Breakdown in Axminster

Average Price for property in Axminster is around £306,730 which varies based on type of property you are interested in and ranges from £407,779 for detached house to around £221,026 for semi-detached. Similarly terraced house is around £184,863 and a flat is worth £142,823. Values have been changing and have risen £3,537 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,292 in last 6 months, £14,851 in last 1 year, £25,981 in last 2 years, £24,644 in last 3 years, £4,003 in last 4 years and £6,629 in last 5 years.

Currently average asking price of a property in Axminster is around £313,305 based on approximately 209 properties for sale. Same is the case with rental options based on 41 properties up for rent, average asking rent is around £780 per month.

Estimated property value in Axminster is £306,730. Average asking price is £313,305 while average price paid is £256,943 which is up by £14,851 and Avg. asking rent £780.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 Axminster area. In last 1 year alone average price buyer paid is around £256,943 based on approximately 209 sales in Axminster area alone. If you compare it to last 3 years sales of 570 properties where buyers paid around £253,400. 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 £256,388 for 906 and average amount paid for purchase of approx. 1,199 properties sold in last 7 years comes to about £260,155 per sale.

 
 

Properties For Sale in Axminster

 
 

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 £108,317, £173,833 for a 2 bedroom house, £249,437 for a 3 bedroom house, £432,480 for a 4 bedroom house and £807,688 for a 5 bedroom house. For a flat similarly the prices varies from £113,925 for a single bedroom to £139,923 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £138,000. To sum up the asking prices for properties in Axminster it comes to around average £112,803 for 1 bedroom property, £165,189 for 2 bedroom, £248,061 for 3 bedroom, £432,480 for 4 bedroom and £807,688 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 £563 for 1 bedroom to £607 for 2 bedrooms, £797 for 3 bedrooms, £897 for 4 bedrooms and £1,787 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £775. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £569 and £624 for 3 bedroom. You should be generally be expecting around average £714 rent per month for single bedroom property, £591 for 2 bedroom, £765 for 3 bedroom, £897 for 4 bedroom and approximately £1,788 for a 5 bedroom property in Axminster area.

Popular Houses in Axminster

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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