Back Lane, Cerne Abbas, Dorchester, DT2

Street Guide For Back Lane, Cerne Abbas, Dorchester, DT2

 

Back Lane, Cerne Abbas, Dorchester, DT2 Map

Estimated Price: £329,298
Average Asking Price: £494,692
Price change in last one year: £26,038
Average Price Paid: £233,200
Average Rent Rates: £1,006

 

Property Prices Breakdown in Back Lane, Cerne Abbas, Dorchester, DT2

Average Price for property in Back Lane, Cerne Abbas, Dorchester, DT2 is around £329,298 which varies based on type of property you are interested in and ranges from £489,440 for detached house to around £239,891 for semi-detached. Similarly terraced house is around £279,135. Values have been changing and have risen £4,804 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,304 in last 6 months, £26,038 in last 1 year, £34,414 in last 2 years, £36,837 in last 3 years, £33,074 in last 4 years and £29,259 in last 5 years.

Currently average asking price of a property in Back Lane, Cerne Abbas, Dorchester, DT2 is around £494,692 based on approximately 1 properties for sale. Same is the case with rental options based on 39 properties up for rent, average asking rent is around £1,006 per month.

Estimated property value in Back Lane, Cerne Abbas, Dorchester, DT2 is £329,298. Average asking price is £494,692 while average price paid is £205,000 which is up by £26,038 and Avg. asking rent £1,006.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 Back Lane, Cerne Abbas, Dorchester, DT2 area. In last 1 year alone average price buyer paid is around £205,000 based on approximately 1 sales in Back Lane, Cerne Abbas, Dorchester, DT2 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £198,000. 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 £233,200 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £233,200 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 £124,000, £246,779 for a 2 bedroom house, £305,761 for a 3 bedroom house, £496,842 for a 4 bedroom house and £667,928 for a 5 bedroom house. For a flat similarly the prices varies from £147,500 for a single bedroom to £185,458 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £274,983. To sum up the asking prices for properties in Back Lane, Cerne Abbas, Dorchester, DT2 it comes to around average £135,750 for 1 bedroom property, £224,796 for 2 bedroom, £304,112 for 3 bedroom, £496,842 for 4 bedroom and £667,928 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 £732 for 2 bedroom to £979 for 3 bedroom, £1,258 for 4 bedroom and £1,798 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £594. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £673. You should be generally be expecting around average £594 rent per month for single bedroom property, £716 for 2 bedroom, £979 for 3 bedroom, £1,258 for 4 bedroom and approximately £1,798 for a 5 bedroom property in Back Lane, Cerne Abbas, Dorchester, DT2 area.

Popular Houses in Back Lane, Cerne Abbas, Dorchester, DT2

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.

Areas in and around Back Lane, Cerne Abbas, Dorchester, DT2