Burghope Orchard, Pencombe, Bromyard, HR7

Street Guide For Burghope Orchard, Pencombe, Bromyard, HR7

 

Burghope Orchard, Pencombe, Bromyard, HR7 Map

Estimated Price: £354,539
Average Asking Price: £375,072
Price change in last one year: £24,751
Average Price Paid: £312,500
Average Rent Rates: £591

 

Property Prices Breakdown in Burghope Orchard, Pencombe, Bromyard, HR7

Average Price for property in Burghope Orchard, Pencombe, Bromyard, HR7 is around £354,539 e.g. average price for detached house is around 354,539. Values have been changing and have risen £694 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £683 in last 6 months, £24,751 in last 1 year, £28,031 in last 2 years, £31,995 in last 3 years, £39,779 in last 4 years and £23,550 in last 5 years.

Currently average asking price of a property in Burghope Orchard, Pencombe, Bromyard, HR7 is around £375,072 based on approximately 1 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £591 per month.

Estimated property value in Burghope Orchard, Pencombe, Bromyard, HR7 is £354,539. Average asking price is £375,072 while average price paid is £295,000 which is up by £24,751 and Avg. asking rent £591.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 Burghope Orchard, Pencombe, Bromyard, HR7 area. In last 1 year alone average price buyer paid is around £295,000 based on approximately 1 sales in Burghope Orchard, Pencombe, Bromyard, HR7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £312,500. 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 £312,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £312,500 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 2 bedroom is around £160,000, £348,675 for a 3 bedroom house, £400,612 for a 4 bedroom house and £546,790 for a 5 bedroom house. For a flat similarly the prices varies from £74,950 for a single bedroom to £99,975 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £117,500. To sum up the asking prices for properties in Burghope Orchard, Pencombe, Bromyard, HR7 it comes to around average £74,950 for 1 bedroom property, £135,990 for 2 bedroom, £310,146 for 3 bedroom, £400,612 for 4 bedroom and £546,790 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 £485 for 1 bedroom to £563 for 3 bedroom and £897 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £509. You should be generally be expecting around average £501 rent per month for single bedroom property, £563 for 3 bedroom and approximately £897 for 4 bedroom property in Burghope Orchard, Pencombe, Bromyard, HR7 area.

Popular Houses in Burghope Orchard, Pencombe, Bromyard, HR7

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 Burghope Orchard, Pencombe, Bromyard, HR7