Burford, Tenbury Wells, WR15

Street Guide For Burford, Tenbury Wells, WR15

 

Burford, Tenbury Wells, WR15 Map

Estimated Price: £409,547
Average Asking Price: £306,773
Price change in last one year: £27,073
Average Price Paid: £207,833
Average Rent Rates: £18,390

 

Property Prices Breakdown in Burford, Tenbury Wells, WR15

Average Price for property in Burford, Tenbury Wells, WR15 is around £409,547 which varies based on type of property you are interested in and ranges from £481,509 for detached house to around £275,907 for semi-detached. Values have been changing and have risen £2,113 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,259 in last 6 months, £27,073 in last 1 year, £44,492 in last 2 years, £47,716 in last 3 years, £45,308 in last 4 years and £40,391 in last 5 years.

Currently average asking price of a property in Burford, Tenbury Wells, WR15 is around £306,773 based on approximately 1 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £18,390 per month.

Estimated property value in Burford, Tenbury Wells, WR15 is £409,547. Average asking price is £306,773 while average price paid is £164,500 which is up by £27,073 and Avg. asking rent £18,390.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 Burford, Tenbury Wells, WR15 area. In last 1 year alone average price buyer paid is around £164,500 based on approximately 1 sales in Burford, Tenbury Wells, WR15 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £164,500. 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 £207,833 for 3 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £334,916 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 £57,250, £162,225 for a 2 bedroom house, £301,573 for a 3 bedroom house, £376,700 for a 4 bedroom house and £702,500 for a 5 bedroom house. For a flat similarly the prices varies from £105,000 for a single bedroom to £141,650 for a 2 bedroom Flat. To sum up the asking prices for properties in Burford, Tenbury Wells, WR15 it comes to around average £73,167 for 1 bedroom property, £155,367 for 2 bedroom, £301,573 for 3 bedroom, £376,700 for 4 bedroom and £702,500 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 £260 for 1 bedroom to £476 for 2 bedroom and £617 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £479. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £425. You should be generally be expecting around average £348 rent per month for single bedroom property, £465 for 2 bedroom and approximately £617 for 3 bedroom property in Burford, Tenbury Wells, WR15 area.

Popular Houses in Burford, Tenbury Wells, WR15

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 Burford, Tenbury Wells, WR15