Culm Lea, Cullompton, EX15

Street Guide For Culm Lea, Cullompton, EX15

 

Culm Lea, Cullompton, EX15 Map

Estimated Price: £203,496
Average Asking Price: £325,875
Price change in last one year: £10,257
Average Price Paid: £178,136
Average Rent Rates: £669

 

Property Prices Breakdown in Culm Lea, Cullompton, EX15

Average Price for property in Culm Lea, Cullompton, EX15 is around £203,496 which varies based on type of property you are interested in and ranges from £224,976 for detached house to around £184,479 for semi-detached. Similarly terraced house is around £152,981. Values have been changing and have risen £1,072 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,336 in last 6 months, £10,257 in last 1 year, £15,434 in last 2 years, £18,861 in last 3 years, £19,369 in last 4 years and £16,658 in last 5 years.

Currently average asking price of a property in Culm Lea, Cullompton, EX15 is around £325,875 based on approximately 4 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £669 per month.

Estimated property value in Culm Lea, Cullompton, EX15 is £203,496. Average asking price is £325,875 while average price paid is £190,250 which is up by £10,257 and Avg. asking rent £669.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 Culm Lea, Cullompton, EX15 area. In last 1 year alone average price buyer paid is around £190,250 based on approximately 4 sales in Culm Lea, Cullompton, EX15 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £173,381. 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 £178,136 for 18 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £177,958 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 £91,875, £163,858 for a 2 bedroom house, £245,509 for a 3 bedroom house, £445,204 for a 4 bedroom house and £547,263 for a 5 bedroom house. For a flat similarly the prices varies from £52,950 for a single bedroom to £131,643 for a 2 bedroom Flat. To sum up the asking prices for properties in Culm Lea, Cullompton, EX15 it comes to around average £84,090 for 1 bedroom property, £153,946 for 2 bedroom, £245,509 for 3 bedroom, £445,204 for 4 bedroom and £547,263 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 £535 for 1 bedroom to £604 for 2 bedroom, £792 for 3 bedroom and £899 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £423. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £523 and £631 for 3 bedroom. You should be generally be expecting around average £479 rent per month for single bedroom property, £587 for 2 bedroom, £760 for 3 bedroom and approximately £899 for 4 bedroom property in Culm Lea, Cullompton, EX15 area.

Popular Houses in Culm Lea, Cullompton, EX15

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 Culm Lea, Cullompton, EX15