Average Price for property in Looe is around £258,053 which varies based on type of property you are interested in and ranges from £346,397 for detached house to around £209,402 for semi-detached. Similarly terraced house is around £194,216 and a flat is worth £155,698. Values have been changing and have risen £3,380 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,751 in last 6 months, £15,037 in last 1 year, £18,567 in last 2 years, £17,272 in last 3 years, £15,708 in last 4 years and £15,823 in last 5 years.
Currently average asking price of a property in Looe is around £321,710 based on approximately 181 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £708 per month.
Estimated property value in Looe is £258,053. Average asking price is £321,710 while average price paid is £218,390 which is up by £15,037 and Avg. asking rent £708.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 Looe area. In last 1 year alone average price buyer paid is around £218,390 based on approximately 181 sales in Looe area alone. If you compare it to last 3 years sales of 501 properties where buyers paid around £213,577. 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 £212,597 for 801 and average amount paid for purchase of approx. 1,052 properties sold in last 7 years comes to about £213,763 per sale.