Bishops Nympton, South Molton, EX36

Street Guide For Bishops Nympton, South Molton, EX36

 

Bishops Nympton, South Molton, EX36 Map

Estimated Price: £387,613
Average Asking Price: £378,514
Price change in last one year: £25,039
Average Price Paid: £281,000
Average Rent Rates: £706

 

Property Prices Breakdown in Bishops Nympton, South Molton, EX36

Average Price for property in Bishops Nympton, South Molton, EX36 is around £387,613 which varies based on type of property you are interested in and ranges from £505,825 for detached house to around £237,034 for semi-detached. Similarly terraced house is around £250,368. Values have been changing and have risen £2,207 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,939 in last 6 months, £25,039 in last 1 year, £34,886 in last 2 years, £36,386 in last 3 years, £33,732 in last 4 years and £35,516 in last 5 years.

Currently average asking price of a property in Bishops Nympton, South Molton, EX36 is around £378,514 based on approximately 2 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 Bishops Nympton, South Molton, EX36 is £387,613. Average asking price is £378,514 while average price paid is £393,250 which is up by £25,039 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 Bishops Nympton, South Molton, EX36 area. In last 1 year alone average price buyer paid is around £393,250 based on approximately 2 sales in Bishops Nympton, South Molton, EX36 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £306,285. 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 £281,000 for 13 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £281,944 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 Bishops Nympton, 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 Bishops Nympton, South Molton, EX36 area.

Popular Houses in Bishops Nympton, 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 Bishops Nympton, South Molton, EX36