Marlborough

Area Guide For Marlborough

Malborough is a town spotted in the South Hams district of Devon. The town is placed on the A381 in the middle of Kingsbridge and Salcombe, and is a famous town for sightseers, with numerous occasion homes spotted around the town. Malborough can be seen from numerous miles away all through the South Hams area, because of its glorious church tower, which is found at the most astounding purpose of the town. The Church of All Saints dates from the thirteenth Century and is fabricated from nearby Soar stone. The town is home to a little Co-operation general store and Texaco petrol station. The town has two pubs, a vast town lobby and playing fields, a lodging/restaurant, an elementary school, a mail station and a football group.

 
 

Marlborough Map

Estimated Price: £423,739
Average Asking Price: £446,596
Price change in last one year: £1,516
Average Price Paid: £377,813
Average Rent Rates: £1,213

 
 

Property Prices Breakdown in Marlborough

Average Price for property in Marlborough is around £423,739 which varies based on type of property you are interested in and ranges from £557,446 for detached house to around £317,805 for semi-detached. Similarly terraced house is around £270,601 and a flat is worth £221,681. Values have been changing and have risen £4,752 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,556 in last 6 months, £1,516 in last 1 year, £28,614 in last 2 years, £42,364 in last 3 years, £39,922 in last 4 years and £45,576 in last 5 years.

Currently average asking price of a property in Marlborough is around £446,596 based on approximately 291 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £1,213 per month.

Estimated property value in Marlborough is £423,739. Average asking price is £446,596 while average price paid is £382,839 which is up by £1,516 and Avg. asking rent £1,213.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 Marlborough area. In last 1 year alone average price buyer paid is around £382,839 based on approximately 291 sales in Marlborough area alone. If you compare it to last 3 years sales of 910 properties where buyers paid around £383,644. 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 £377,813 for 1,498 and average amount paid for purchase of approx. 1,966 properties sold in last 7 years comes to about £371,867 per sale.

 
 

Properties For Sale in Marlborough

 
 

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 £122,500, £236,936 for a 2 bedroom house, £405,957 for a 3 bedroom house, £533,267 for a 4 bedroom house and £729,500 for a 5 bedroom house. For a flat similarly the prices varies from £122,500 for a single bedroom to £194,490 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £280,000. To sum up the asking prices for properties in Marlborough it comes to around average £122,500 for 1 bedroom property, £228,773 for 2 bedroom, £397,831 for 3 bedroom, £533,267 for 4 bedroom and £729,500 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 £622 for 1 bedroom to £993 for 2 bedrooms, £1,094 for 3 bedrooms, £1,862 for 4 bedrooms and £1,798 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £622. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £693. You should be generally be expecting around average £622 rent per month for single bedroom property, £960 for 2 bedroom, £1,094 for 3 bedroom, £1,862 for 4 bedroom and approximately £1,798 for a 5 bedroom property in Marlborough area.

Popular Houses in Marlborough

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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