Broadway

Area Guide For Broadway

Broadway is a vast town and common ward in the Worcestershire piece of the Cotswolds in England. Often alluded to as the "Gem of the Cotswolds",[2] Broadway town lies underneath Fish Hill on the western Cotswold slope. The "expansive way" is the wide grass-bordered principle road, focused on The Green, which is lined with red chestnut trees and nectar shaded Cotswold limestone structures, numerous dating from the sixteenth century. Its populace was 2,540 in the 2011 evaluation, a little increment on the 2,496 in the 2001 enumeration. It is arranged in the most distant southeast of Worcestershire and near to the Gloucestershire outskirt, halfway between the towns of Evesham and Moreton-in-Marsh. Broadway is an old settlement whose sources are lost in the fogs of time. As the centuries progressed, it has seen the settlement of first the old Beaker individuals (1900 BCE) inside its limits. In 2004, Worcestershire Young Archeologists' Club, a local extension of the Council for British Archeology's Young Archeologists' Club, discovered proof of ahead of schedule occupation.

 
 

Broadway Map

Estimated Price: £430,859
Average Asking Price: £696,203
Price change in last one year: £27,591
Average Price Paid: £351,362
Average Rent Rates: £2,361

 
 

Property Prices Breakdown in Broadway

Average Price for property in Broadway is around £430,859 which varies based on type of property you are interested in and ranges from £590,265 for detached house to around £315,140 for semi-detached. Similarly terraced house is around £285,147 and a flat is worth £183,104. Values have been changing and have risen £514 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £932 in last 6 months, £27,591 in last 1 year, £50,797 in last 2 years, £53,637 in last 3 years, £42,044 in last 4 years and £40,898 in last 5 years.

Currently average asking price of a property in Broadway is around £696,203 based on approximately 78 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £2,361 per month.

Estimated property value in Broadway is £430,859. Average asking price is £696,203 while average price paid is £352,575 which is up by £27,591 and Avg. asking rent £2,361.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 Broadway area. In last 1 year alone average price buyer paid is around £352,575 based on approximately 78 sales in Broadway area alone. If you compare it to last 3 years sales of 252 properties where buyers paid around £358,141. 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 £351,362 for 436 and average amount paid for purchase of approx. 565 properties sold in last 7 years comes to about £355,955 per sale.

 
 

Properties For Sale in Broadway

 
 

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 2 bedroom is around £287,996, £445,347 for a 3 bedroom house, £808,333 for a 4 bedroom house and £833,750 for a 5 bedroom house. For a flat similarly the prices varies from £91,225 for a single bedroom to £147,862 for a 2 bedroom Flat. To sum up the asking prices for properties in Broadway it comes to around average £91,225 for 1 bedroom property, £255,024 for 2 bedroom, £445,347 for 3 bedroom, £808,333 for 4 bedroom and £833,750 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 £750 for 1 bedroom to £702 for 2 bedrooms, £947 for 3 bedrooms, £1,400 for 4 bedrooms and £1,688 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £594. You should be generally be expecting around average £672 rent per month for single bedroom property, £702 for 2 bedroom, £947 for 3 bedroom, £1,400 for 4 bedroom and approximately £1,688 for a 5 bedroom property in Broadway area.

Popular Houses in Broadway

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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