Bishmill, South Molton, EX36

Street Guide For Bishmill, South Molton, EX36

 

Bishmill, South Molton, EX36 Map

Estimated Price: £309,368
Average Asking Price: £378,514
Price change in last one year: £19,986
Average Price Paid: £206,700
Average Rent Rates: £706

 

Property Prices Breakdown in Bishmill, South Molton, EX36

Average Price for property in Bishmill, South Molton, EX36 is around £309,368 which varies based on type of property you are interested in and ranges from £361,638 for detached house to around £217,895 for semi-detached. Values have been changing and have risen £1,761 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,740 in last 6 months, £19,986 in last 1 year, £27,847 in last 2 years, £29,043 in last 3 years, £26,926 in last 4 years and £28,354 in last 5 years.

Currently average asking price of a property in Bishmill, South Molton, EX36 is around £378,514 based on approximately 3 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £706 per month.

Estimated property value in Bishmill, South Molton, EX36 is £309,368. Average asking price is £378,514 while average price paid is £173,833 which is up by £19,986 and Avg. asking rent £706.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 Bishmill, South Molton, EX36 area. In last 1 year alone average price buyer paid is around £173,833 based on approximately 3 sales in Bishmill, South Molton, EX36 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £177,125. 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 £206,700 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £240,357 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 £85,000, £164,964 for a 2 bedroom house, £274,289 for a 3 bedroom house, £400,279 for a 4 bedroom house and £779,167 for a 5 bedroom house. For a flat similarly the prices varies from £185,000 for a single bedroom to £185,000 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £150,000. To sum up the asking prices for properties in Bishmill, South Molton, EX36 it comes to around average £135,000 for 1 bedroom property, £167,468 for 2 bedroom, £267,747 for 3 bedroom, £400,279 for 4 bedroom and £779,167 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 £542 for 2 bedroom to £693 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £386. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £518 and £598 for 3 bedroom. You should be generally be expecting around average £386 rent per month for single bedroom property, £530 for 2 bedroom and approximately £646 for 3 bedroom property in Bishmill, South Molton, EX36 area.

Popular Houses in Bishmill, South Molton, EX36

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 Bishmill, South Molton, EX36