Elmbank, Buckfastleigh, TQ11

Street Guide For Elmbank, Buckfastleigh, TQ11

 

Elmbank, Buckfastleigh, TQ11 Map

Estimated Price: £164,400
Average Asking Price: £348,435
Price change in last one year: £9,870
Average Price Paid: £137,000
Average Rent Rates: £631

 

Property Prices Breakdown in Elmbank, Buckfastleigh, TQ11

Average Price for property in Elmbank, Buckfastleigh, TQ11 is around £164,400 which varies based on type of property you are interested in and ranges from £143,455 for semi-detached to around £170,384 for terraced house. Values have been changing and have risen £157 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,098 in last 6 months, £9,870 in last 1 year, £16,211 in last 2 years, £15,973 in last 3 years, £8,479 in last 4 years and £14,238 in last 5 years.

Currently average asking price of a property in Elmbank, Buckfastleigh, TQ11 is around £348,435 based on approximately 1 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £631 per month.

Estimated property value in Elmbank, Buckfastleigh, TQ11 is £164,400. Average asking price is £348,435 while average price paid is £134,000 which is up by £9,870 and Avg. asking rent £631.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 Elmbank, Buckfastleigh, TQ11 area. In last 1 year alone average price buyer paid is around £134,000 based on approximately 1 sales in Elmbank, Buckfastleigh, TQ11 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £134,500. 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 £137,000 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £137,000 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 £129,975, £145,416 for a 2 bedroom house, £205,206 for a 3 bedroom house, £439,475 for a 4 bedroom house and £342,500 for a 5 bedroom house. For a flat the prices of 2 bedroom is £150,000. To sum up the asking prices for properties in Elmbank, Buckfastleigh, TQ11 it comes to around average £129,975 for 1 bedroom property, £146,071 for 2 bedroom, £205,206 for 3 bedroom, £439,475 for 4 bedroom and £342,500 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 £650 for 2 bedroom to £594 for 3 bedroom. You should be generally be expecting around average £650 rent per month for 2 bedroom property and approximately £594 for 3 bedroom property in Elmbank, Buckfastleigh, TQ11 area.

Popular Houses in Elmbank, Buckfastleigh, TQ11

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 Elmbank, Buckfastleigh, TQ11