Thatcham

Area Guide For Thatcham

Thatcham is a town in the noteworthy area of Berkshire, England focused 3 miles east of Newbury and 15 miles west of Reading. Its lodging and thus populace became quickly in the second half of the twentieth century from 5,000 in 1951 and 7,500 in 1961 to 22,824 in 2001.

It straddles the River Kennet, the Kennet and Avon Canal, the A4 and the course of a Roman street. It is served by Thatcham route station at stake between the bigger close-by towns said. Neighborhood business is essentially in light modern premises, deals and circulation, retail and open segments, see additionally West Berkshire, its area.

 
 

Thatcham Map

Estimated Price: £354,814
Average Asking Price: £408,441
Price change in last one year: £26,358
Average Price Paid: £280,564
Average Rent Rates: £1,328

 
 

Property Prices Breakdown in Thatcham

Average Price for property in Thatcham is around £354,814 which varies based on type of property you are interested in and ranges from £503,453 for detached house to around £281,758 for semi-detached. Similarly terraced house is around £244,264 and a flat is worth £174,545. Values have been changing and have risen £4,940 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,211 in last 6 months, £26,358 in last 1 year, £37,827 in last 2 years, £43,638 in last 3 years, £32,632 in last 4 years and £45,231 in last 5 years.

Currently average asking price of a property in Thatcham is around £408,441 based on approximately 569 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £1,328 per month.

Estimated property value in Thatcham is £354,814. Average asking price is £408,441 while average price paid is £275,099 which is up by £26,358 and Avg. asking rent £1,328.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 Thatcham area. In last 1 year alone average price buyer paid is around £275,099 based on approximately 569 sales in Thatcham area alone. If you compare it to last 3 years sales of 1,594 properties where buyers paid around £277,336. 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 £280,564 for 2,496 and average amount paid for purchase of approx. 3,468 properties sold in last 7 years comes to about £272,717 per sale.

 
 

Properties For Sale in Thatcham

 
 

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 £119,975, £244,089 for a 2 bedroom house, £321,890 for a 3 bedroom house, £458,738 for a 4 bedroom house and £910,762 for a 5 bedroom house. For a flat similarly the prices varies from £107,490 for a single bedroom to £224,994 for a 2 bedroom Flat. To sum up the asking prices for properties in Thatcham it comes to around average £111,057 for 1 bedroom property, £238,122 for 2 bedroom, £321,890 for 3 bedroom, £458,738 for 4 bedroom and £910,762 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 £716 for 1 bedroom to £905 for 2 bedrooms, £1,177 for 3 bedrooms, £1,599 for 4 bedrooms and £1,950 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £673. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £774. You should be generally be expecting around average £691 rent per month for single bedroom property, £853 for 2 bedroom, £1,177 for 3 bedroom, £1,599 for 4 bedroom and approximately £1,950 for a 5 bedroom property in Thatcham area.

Popular Houses in Thatcham

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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