Eye

Area Guide For Eye

Eye is a village in the county of Herefordshire, England, in the River Lugg catchment, north of Leominster and south of Ludlow. Berrington Hall is nearby; a Henry Holland house with Capability Brown landscape, built for Thomas Harley. The village of Eye neighbours Luston, another small north Herefordshire village. Eye has a historic small church with a square tower and some wonderful effigies; beside it is Eye Manor, noted for its fine decorated plaster ceilings. There was once a railway station in the village.
 
 

Eye Map

Estimated Price: £304,689
Average Asking Price: £332,753
Price change in last one year: £10,328
Average Price Paid: £245,843
Average Rent Rates: £716

 
 

Property Prices Breakdown in Eye

Average Price for property in Eye is around £304,689 which varies based on type of property you are interested in and ranges from £364,785 for detached house to around £199,628 for semi-detached. Similarly terraced house is around £173,415 and a flat is worth £121,717. Values have been changing and have risen £140 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £889 in last 6 months, £10,328 in last 1 year, £26,213 in last 2 years, £22,783 in last 3 years, £17,343 in last 4 years and £24,544 in last 5 years.

Currently average asking price of a property in Eye is around £332,753 based on approximately 166 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £716 per month.

Estimated property value in Eye is £304,689. Average asking price is £332,753 while average price paid is £266,507 which is up by £10,328 and Avg. asking rent £716.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 Eye area. In last 1 year alone average price buyer paid is around £266,507 based on approximately 166 sales in Eye area alone. If you compare it to last 3 years sales of 463 properties where buyers paid around £246,453. 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 £245,843 for 758 and average amount paid for purchase of approx. 1,034 properties sold in last 7 years comes to about £249,557 per sale.

 
 

Properties For Sale in Eye

 
 

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 £109,000, £201,512 for a 2 bedroom house, £274,392 for a 3 bedroom house, £405,319 for a 4 bedroom house and £537,273 for a 5 bedroom house. For a flat similarly the prices varies from £180,996 for a 2 bedroom to £330,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Eye it comes to around average £109,000 for 1 bedroom property, £197,848 for 2 bedroom, £275,783 for 3 bedroom, £405,319 for 4 bedroom and £537,273 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 £607 for 2 bedroom to £899 for 3 bedroom and £897 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £494. You should be generally be expecting around average £578 rent per month for 2 bedroom property, £899 for 3 bedroom and approximately £897 for 4 bedroom property in Eye area.

Popular Houses in Eye

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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