Galmington Lane, Taunton, TA1

Street Guide For Galmington Lane, Taunton, TA1

 
 

Galmington Lane, Taunton, TA1 Map

Estimated Price: £319,672
Average Asking Price: £220,029
Price change in last one year: £19,453
Average Price Paid: £224,750
Average Rent Rates: £771

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Mill Street, Honiton, Devon,

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Property Prices Breakdown in Galmington Lane, Taunton, TA1

Average Price for property in Galmington Lane, Taunton, TA1 is around £319,672 which varies based on type of property you are interested in and ranges from £335,222 for detached house to around £278,208 for semi-detached. Values have been changing and have risen £1,736 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,867 in last 6 months, £19,453 in last 1 year, £22,706 in last 2 years, £28,558 in last 3 years, £29,312 in last 4 years and £27,003 in last 5 years.

Currently average asking price of a property in Galmington Lane, Taunton, TA1 is around £220,029 based on approximately 1 properties for sale. Same is the case with rental options based on 74 properties up for rent, average asking rent is around £771 per month.

Estimated property value in Galmington Lane, Taunton, TA1 is £319,672. Average asking price is £220,029 while average price paid is £225,000 which is up by £19,453 and Avg. asking rent £771.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 Galmington Lane, Taunton, TA1 area. In last 1 year alone average price buyer paid is around £225,000 based on approximately 1 sales in Galmington Lane, Taunton, TA1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £232,000. 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 £224,750 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £224,750 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 £153,490, £186,570 for a 2 bedroom house, £224,578 for a 3 bedroom house, £302,262 for a 4 bedroom house and £444,990 for a 5 bedroom house. For a flat similarly the prices varies from £110,066 for a single bedroom to £173,477 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £159,975. To sum up the asking prices for properties in Galmington Lane, Taunton, TA1 it comes to around average £119,112 for 1 bedroom property, £179,775 for 2 bedroom, £222,590 for 3 bedroom, £302,262 for 4 bedroom and £444,990 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 £432 for 1 bedroom to £590 for 2 bedroom, £721 for 3 bedroom and £1,129 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £490. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £576 and £693 for 4 bedroom. You should be generally be expecting around average £476 rent per month for single bedroom property, £581 for 2 bedroom, £721 for 3 bedroom and approximately £1,074 for 4 bedroom property in Galmington Lane, Taunton, TA1 area.

Popular Houses in Galmington Lane, Taunton, TA1

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 Galmington Lane, Taunton, TA1