Gunswell Lane, South Molton, EX36

Street Guide For Gunswell Lane, South Molton, EX36

 

Gunswell Lane, South Molton, EX36 Map

Estimated Price: £338,749
Average Asking Price: £378,030
Price change in last one year: £23,396
Average Price Paid: £270,900
Average Rent Rates: £734

 

Property Prices Breakdown in Gunswell Lane, South Molton, EX36

Average Price for property in Gunswell Lane, South Molton, EX36 is around £338,749 which varies based on type of property you are interested in and ranges from £399,336 for detached house to around £289,376 for semi-detached. Similarly terraced house is around £169,336. Values have been changing and have risen £2,062 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,549 in last 6 months, £23,396 in last 1 year, £32,597 in last 2 years, £33,997 in last 3 years, £31,518 in last 4 years and £33,188 in last 5 years.

Currently average asking price of a property in Gunswell Lane, South Molton, EX36 is around £378,030 based on approximately 0 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £734 per month.

Estimated property value in Gunswell Lane, South Molton, EX36 is £338,749. Average asking price is £378,030 while average price paid is £309,000 which is up by £33,997 and Avg. asking rent £734.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 Gunswell Lane, South Molton, EX36 area. In last 3 years alone average price buyer paid is around £309,000 based on approximately 3 sales in Gunswell Lane, South Molton, EX36 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £270,900. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £297,083 for 6 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 £85,000, £164,964 for a 2 bedroom house, £278,273 for a 3 bedroom house, £400,279 for a 4 bedroom house and £779,167 for a 5 bedroom house. For a flat similarly the prices varies from £185,000 for a single bedroom to £185,000 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £150,000. To sum up the asking prices for properties in Gunswell Lane, South Molton, EX36 it comes to around average £135,000 for 1 bedroom property, £167,468 for 2 bedroom, £271,860 for 3 bedroom, £400,279 for 4 bedroom and £779,167 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 £594 for 2 bedroom to £709 for 3 bedroom and £750 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £386. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £518 and £598 for 3 bedroom. You should be generally be expecting around average £386 rent per month for single bedroom property, £543 for 2 bedroom, £672 for 3 bedroom and approximately £750 for 4 bedroom property in Gunswell Lane, South Molton, EX36 area.

Popular Houses in Gunswell Lane, South Molton, EX36

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 Gunswell Lane, South Molton, EX36