Burrowbridge, Bridgwater, TA7

Street Guide For Burrowbridge, Bridgwater, TA7

 

Burrowbridge, Bridgwater, TA7 Map

Estimated Price: £338,722
Average Asking Price: £313,721
Price change in last one year: £21,187
Average Price Paid: £240,000
Average Rent Rates: £832

 

Property Prices Breakdown in Burrowbridge, Bridgwater, TA7

Average Price for property in Burrowbridge, Bridgwater, TA7 is around £338,722 which varies based on type of property you are interested in and ranges from £365,734 for detached house to around £233,642 for semi-detached. Similarly terraced house is around £283,953. Values have been changing and have risen £2,415 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,389 in last 6 months, £21,187 in last 1 year, £26,712 in last 2 years, £26,381 in last 3 years, £32,140 in last 4 years and £38,327 in last 5 years.

Currently average asking price of a property in Burrowbridge, Bridgwater, TA7 is around £313,721 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 £832 per month.

Estimated property value in Burrowbridge, Bridgwater, TA7 is £338,722. Average asking price is £313,721 while average price paid is £250,000 which is up by £21,187 and Avg. asking rent £832.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 Burrowbridge, Bridgwater, TA7 area. In last 1 year alone average price buyer paid is around £250,000 based on approximately 1 sales in Burrowbridge, Bridgwater, TA7 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £250,000. 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 £240,000 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £240,000 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 £50,000, £191,728 for a 2 bedroom house, £229,854 for a 3 bedroom house, £346,553 for a 4 bedroom house and £596,781 for a 5 bedroom house. For a flat similarly the prices varies from £115,500 for a single bedroom to £90,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Burrowbridge, Bridgwater, TA7 it comes to around average £71,833 for 1 bedroom property, £185,744 for 2 bedroom, £229,854 for 3 bedroom, £346,553 for 4 bedroom and £596,781 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 £576 for 1 bedroom to £800 for 2 bedroom, £944 for 3 bedroom and £950 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £462. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £524. You should be generally be expecting around average £500 rent per month for single bedroom property, £731 for 2 bedroom, £944 for 3 bedroom and approximately £950 for 4 bedroom property in Burrowbridge, Bridgwater, TA7 area.

Popular Houses in Burrowbridge, Bridgwater, TA7

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 Burrowbridge, Bridgwater, TA7