Average Price for property in Burnham-on-Sea is around £206,217 which varies based on type of property you are interested in and ranges from £270,866 for detached house to around £189,621 for semi-detached. Similarly terraced house is around £156,556 and a flat is worth £120,195. Values have been changing and have risen £1,027 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,828 in last 6 months, £11,744 in last 1 year, £19,576 in last 2 years, £17,617 in last 3 years, £23,000 in last 4 years and £19,553 in last 5 years.
Currently average asking price of a property in Burnham-on-Sea is around £218,886 based on approximately 328 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £649 per month.
Estimated property value in Burnham-on-Sea is £206,217. Average asking price is £218,886 while average price paid is £184,966 which is up by £11,744 and Avg. asking rent £649.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 Burnham-on-Sea area. In last 1 year alone average price buyer paid is around £184,966 based on approximately 328 sales in Burnham-on-Sea area alone. If you compare it to last 3 years sales of 932 properties where buyers paid around £181,708. 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 £177,980 for 1,538 and average amount paid for purchase of approx. 2,064 properties sold in last 7 years comes to about £176,683 per sale.