Culmington, Ludlow, SY8

Street Guide For Culmington, Ludlow, SY8

 

Culmington, Ludlow, SY8 Map

Estimated Price: £349,876
Average Asking Price: £312,803
Price change in last one year: £8,993
Average Price Paid: £245,750
Average Rent Rates: £639

 

Property Prices Breakdown in Culmington, Ludlow, SY8

Average Price for property in Culmington, Ludlow, SY8 is around £349,876 which varies based on type of property you are interested in and ranges from £345,522 for detached house to around £243,453 for semi-detached. Similarly terraced house is around £210,415. Values have been changing and have risen £577 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,806 in last 6 months, £8,993 in last 1 year, £21,405 in last 2 years, £28,812 in last 3 years, £23,025 in last 4 years and £16,225 in last 5 years.

Currently average asking price of a property in Culmington, Ludlow, SY8 is around £312,803 based on approximately 4 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £639 per month.

Estimated property value in Culmington, Ludlow, SY8 is £349,876. Average asking price is £312,803 while average price paid is £211,000 which is up by £8,993 and Avg. asking rent £639.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 Culmington, Ludlow, SY8 area. In last 1 year alone average price buyer paid is around £211,000 based on approximately 4 sales in Culmington, Ludlow, SY8 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £231,300. 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 £245,750 for 10 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £252,291 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 £108,750, £176,819 for a 2 bedroom house, £334,272 for a 3 bedroom house, £376,788 for a 4 bedroom house and £421,990 for a 5 bedroom house. For a flat similarly the prices varies from £111,875 for a single bedroom to £144,125 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £199,950. To sum up the asking prices for properties in Culmington, Ludlow, SY8 it comes to around average £110,833 for 1 bedroom property, £169,126 for 2 bedroom, £334,272 for 3 bedroom, £366,964 for 4 bedroom and £421,990 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 £477 for 1 bedroom to £538 for 2 bedroom, £733 for 3 bedroom and £1,086 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £461. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £537. You should be generally be expecting around average £469 rent per month for single bedroom property, £538 for 2 bedroom, £733 for 3 bedroom and approximately £1,086 for 4 bedroom property in Culmington, Ludlow, SY8 area.

Popular Houses in Culmington, Ludlow, SY8

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 Culmington, Ludlow, SY8