Falmouth

Area Guide For Falmouth

Falmouth is a town based on the south coast of Cornwall and port on the River Fal. The public population is a toltal 26,767.The docks play a major contributor to the town’s economy.It is currently the largest port in Cornwall. It has many tourist attractions such as “Trebah Gardens”  that has been noted  ‘one in a lifetime’ experience where the beautiful coloured Forrest .The town is very familiar to the big screens and television programs as it has been the settings of A lot of films such Windbag The Sailor  that was starred by Will Hay.

 
 

Falmouth Map

Estimated Price: £294,975
Average Asking Price: £394,454
Price change in last one year: £19,743
Average Price Paid: £260,586
Average Rent Rates: £1,252

 
 

Property Prices Breakdown in Falmouth

Average Price for property in Falmouth is around £294,975 which varies based on type of property you are interested in and ranges from £424,912 for detached house to around £239,380 for semi-detached. Similarly terraced house is around £244,415 and a flat is worth £229,101. Values have been changing and have risen £1,263 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £594 in last 6 months, £19,743 in last 1 year, £19,351 in last 2 years, £31,285 in last 3 years, £16,636 in last 4 years and £29,365 in last 5 years.

Currently average asking price of a property in Falmouth is around £394,454 based on approximately 510 properties for sale. Same is the case with rental options based on 112 properties up for rent, average asking rent is around £1,252 per month.

Estimated property value in Falmouth is £294,975. Average asking price is £394,454 while average price paid is £268,501 which is up by £19,743 and Avg. asking rent £1,252.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 Falmouth area. In last 1 year alone average price buyer paid is around £268,501 based on approximately 510 sales in Falmouth area alone. If you compare it to last 3 years sales of 1,526 properties where buyers paid around £262,704. 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 £260,586 for 2,439 and average amount paid for purchase of approx. 3,230 properties sold in last 7 years comes to about £260,913 per sale.

 
 

Properties For Sale in Falmouth

 
 

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 £105,000, £207,566 for a 2 bedroom house, £317,692 for a 3 bedroom house, £489,684 for a 4 bedroom house and £1,072,500 for a 5 bedroom house. For a flat similarly the prices varies from £138,734 for a single bedroom to £221,795 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £331,177, £512,500 for a 4 bedroom flat and £522,500 for a 5 bedroom flat. To sum up the asking prices for properties in Falmouth it comes to around average £129,534 for 1 bedroom property, £213,539 for 2 bedroom, £318,982 for 3 bedroom, £490,444 for 4 bedroom and £1,022,500 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 £514 for 1 bedroom to £733 for 2 bedrooms, £882 for 3 bedrooms, £1,418 for 4 bedrooms and £1,785 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £523. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £760, £1,080 for 3 bedroom, £1,407 for 4 bedroom and around £1,872 for 5 bedroom flat. You should be generally be expecting around average £517 rent per month for single bedroom property, £752 for 2 bedroom, £1,005 for 3 bedroom, £1,416 for 4 bedroom and approximately £1,791 for a 5 bedroom property in Falmouth area.

Popular Houses in Falmouth

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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