Corsham

Area Guide For Corsham

Corsham is a historic market town and civil parish in west Wiltshire, England. It is at the southwestern edge of the Cotswolds, just off the A4 national route, which was formerly the main turnpike road from London to Bristol, between Bath (7.5 miles / 12 kilometres) and Chippenham (4.5 miles / 7 kilometres). Corsham was historically a centre for agriculture and later the wool industry, and remains a focus for quarrying Bath Stone. It contains several notable historic buildings, such as the stately home of Corsham Court. In World War II and the Cold War, it became a major administrative and manufacturing centre for the Ministry of Defence, with numerous establishments both above ground and in the old quarry tunnels. The early 21st century saw some growth in Corsham's role in the film industry. Corsham apparently derives its name from Cosa's hm, "ham" being Old English for homestead, or village. The town is referred in the Domesday book as Cosseham; the letter 'R' appears to have entered the name later under Norman influence (possibly caused by the recording of local pronunciation.), when the town is reported to have been in the possession of the Earl of Cornwall. Corsham is

 
 

Corsham Map

Estimated Price: £285,056
Average Asking Price: £502,544
Price change in last one year: £14,543
Average Price Paid: £256,339
Average Rent Rates: £867

 
 

Property Prices Breakdown in Corsham

Average Price for property in Corsham is around £285,056 which varies based on type of property you are interested in and ranges from £398,297 for detached house to around £245,841 for semi-detached. Similarly terraced house is around £202,924 and a flat is worth £144,841. Values have been changing and have risen £2,667 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,573 in last 6 months, £14,543 in last 1 year, £22,772 in last 2 years, £30,436 in last 3 years, £33,393 in last 4 years and £38,671 in last 5 years.

Currently average asking price of a property in Corsham is around £502,544 based on approximately 258 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £867 per month.

Estimated property value in Corsham is £285,056. Average asking price is £502,544 while average price paid is £275,885 which is up by £14,543 and Avg. asking rent £867.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 Corsham area. In last 1 year alone average price buyer paid is around £275,885 based on approximately 258 sales in Corsham area alone. If you compare it to last 3 years sales of 719 properties where buyers paid around £265,263. 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 £256,339 for 1,202 and average amount paid for purchase of approx. 1,576 properties sold in last 7 years comes to about £251,997 per sale.

 
 

Properties For Sale in Corsham

 
 

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 £260,350, £355,795 for a 3 bedroom house, £532,121 for a 4 bedroom house and £932,000 for a 5 bedroom house. For a flat similarly the prices varies from £112,317 for a single bedroom to £247,500 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £845,000. To sum up the asking prices for properties in Corsham it comes to around average £112,317 for 1 bedroom property, £257,494 for 2 bedroom, £437,329 for 3 bedroom, £532,121 for 4 bedroom and £932,000 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 £676 for 2 bedroom to £990 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £537. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £546 and £2,249 for 3 bedroom. You should be generally be expecting around average £538 rent per month for single bedroom property, £624 for 2 bedroom and approximately £1,242 for 3 bedroom property in Corsham area.

Popular Houses in Corsham

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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