Bodmin

Area Guide For Bodmin

Bodmin is a civil parish and major town in Cornwall, England, United Kingdom. It is situated in the centre of the county southwest of Bodmin Moor. The extent of the civil parish corresponds fairly closely to that of the town so is mostly urban in character. It is bordered to the east by Cardinham parish, to the southeast by Lanhydrock parish, to the southwest and west by Lanivet parish, and to the north by Helland parish. Bodmin has a population of 12,778 (2001 census). It was formerly the county town of Cornwall until the Crown Courts moved to Truro which is also the administrative centre (before 1835 the county town was Launceston). Bodmin was in the administrative North Cornwall District until local government reorganisation in 2009 abolished the District (see also Politics of Cornwall Council). Bodmin Town Council is made up of 16 councillors who are elected to serve a term of four years. Each year, the Council elects one of their number as Mayor to serve as the town's civic leader and to chair council meetings Bodmin lies in the centre of Cornwall, south-west of Bodmin Moor. It has been suggested that the town's name comes from an archaic word in

 
 

Bodmin Map

Estimated Price: £247,638
Average Asking Price: £311,085
Price change in last one year: £27,921
Average Price Paid: £209,217
Average Rent Rates: £613

 
 

Property Prices Breakdown in Bodmin

Average Price for property in Bodmin is around £247,638 which varies based on type of property you are interested in and ranges from £346,345 for detached house to around £188,197 for semi-detached. Similarly terraced house is around £160,931 and a flat is worth £124,893. Values have been changing and have risen £5,213 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,775 in last 6 months, £27,921 in last 1 year, £35,099 in last 2 years, £47,325 in last 3 years, £37,034 in last 4 years and £36,958 in last 5 years.

Currently average asking price of a property in Bodmin is around £311,085 based on approximately 288 properties for sale. Same is the case with rental options based on 55 properties up for rent, average asking rent is around £613 per month.

Estimated property value in Bodmin is £247,638. Average asking price is £311,085 while average price paid is £214,064 which is up by £27,921 and Avg. asking rent £613.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 Bodmin area. In last 1 year alone average price buyer paid is around £214,064 based on approximately 288 sales in Bodmin area alone. If you compare it to last 3 years sales of 881 properties where buyers paid around £210,334. 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 £209,217 for 1,432 and average amount paid for purchase of approx. 1,938 properties sold in last 7 years comes to about £206,149 per sale.

 
 

Properties For Sale in Bodmin

 
 

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 £179,550, £160,561 for a 2 bedroom house, £273,223 for a 3 bedroom house, £412,981 for a 4 bedroom house and £475,195 for a 5 bedroom house. For a flat similarly the prices varies from £90,463 for a single bedroom to £117,675 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £109,950 and £79,000 for a 5 bedroom flat. To sum up the asking prices for properties in Bodmin it comes to around average £115,519 for 1 bedroom property, £152,619 for 2 bedroom, £271,504 for 3 bedroom, £412,981 for 4 bedroom and £455,385 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 £401 for 1 bedroom to £614 for 2 bedrooms, £777 for 3 bedrooms, £823 for 4 bedrooms and £1,248 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £411. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £537. You should be generally be expecting around average £408 rent per month for single bedroom property, £580 for 2 bedroom, £777 for 3 bedroom, £823 for 4 bedroom and approximately £1,248 for a 5 bedroom property in Bodmin area.

Popular Houses in Bodmin

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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