Fairford

Area Guide For Fairford

Fairford is a residential community in Gloucestershire, England. The town lies in the Cotswolds on the River Coln, around 6 miles (9.7 km) east of Cirencester, 4 miles (6.4 km) west of Lechlade and 9 miles (14 km) north of Swindon. Adjacent are RAF Fairford and the Cotswold Water Park. The town's auxiliary school is Farmor's School, a 11-18 co-instructive Academy. The school is judged to be of remarkable standard, having attained to review 1 in its Ofsted investigation in 2010. There is additionally a grade school, Fairford Primary, and a playgroup.

 
 

Fairford Map

Estimated Price: £366,965
Average Asking Price: £363,782
Price change in last one year: £30,514
Average Price Paid: £282,266
Average Rent Rates: £804

 
 

Property Prices Breakdown in Fairford

Average Price for property in Fairford is around £366,965 which varies based on type of property you are interested in and ranges from £598,935 for detached house to around £320,444 for semi-detached. Similarly terraced house is around £264,377 and a flat is worth £189,887. Values have been changing and have risen £5,964 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,534 in last 6 months, £30,514 in last 1 year, £46,461 in last 2 years, £57,195 in last 3 years, £50,250 in last 4 years and £65,216 in last 5 years.

Currently average asking price of a property in Fairford is around £363,782 based on approximately 70 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £804 per month.

Estimated property value in Fairford is £366,965. Average asking price is £363,782 while average price paid is £308,118 which is up by £30,514 and Avg. asking rent £804.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 Fairford area. In last 1 year alone average price buyer paid is around £308,118 based on approximately 70 sales in Fairford area alone. If you compare it to last 3 years sales of 177 properties where buyers paid around £293,566. 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 £282,266 for 270 and average amount paid for purchase of approx. 348 properties sold in last 7 years comes to about £281,670 per sale.

 
 

Properties For Sale in Fairford

 
 

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 2 bedroom is around £171,100, £282,495 for a 3 bedroom house, £414,889 for a 4 bedroom house and £505,000 for a 5 bedroom house. For a flat the prices of single bedroom is £135,000. To sum up the asking prices for properties in Fairford it comes to around average £135,000 for 1 bedroom property, £171,100 for 2 bedroom, £282,495 for 3 bedroom, £414,889 for 4 bedroom and £505,000 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 £849 for 2 bedroom to £966 for 3 bedroom and £897 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £550. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £433. You should be generally be expecting around average £550 rent per month for single bedroom property, £641 for 2 bedroom, £966 for 3 bedroom and approximately £897 for 4 bedroom property in Fairford area.

Popular Houses in Fairford

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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