Kington

Area Guide For Kington

Kington is a business sector town and common ward in Herefordshire, England. As per the 2011 statistics it had a populace of 2,626. Kington may have gotten from King's-ton, being Anglo-Saxon for "Lord's Town", like other adjacent towns, for example, Presteigne signifying "Cleric's Town" and Knighton being "Knight's Town". Populace was 2626 in 2011. Today the closest station is Knighton on the Heart of Wales Line, however Leominster is speedier to drive to and has more incessant administrations, being on the Welsh Marches Line.

 
 

Kington Map

Estimated Price: £241,848
Average Asking Price: £210,468
Price change in last one year: £16,574
Average Price Paid: £197,015
Average Rent Rates: £597

 
 

Property Prices Breakdown in Kington

Average Price for property in Kington is around £241,848 which varies based on type of property you are interested in and ranges from £308,690 for detached house to around £183,538 for semi-detached. Similarly terraced house is around £153,303 and a flat is worth £113,464. Values have been changing and have risen £1,231 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,089 in last 6 months, £16,574 in last 1 year, £22,722 in last 2 years, £22,778 in last 3 years, £27,060 in last 4 years and £18,612 in last 5 years.

Currently average asking price of a property in Kington is around £210,468 based on approximately 42 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £597 per month.

Estimated property value in Kington is £241,848. Average asking price is £210,468 while average price paid is £224,408 which is up by £16,574 and Avg. asking rent £597.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 Kington area. In last 1 year alone average price buyer paid is around £224,408 based on approximately 42 sales in Kington area alone. If you compare it to last 3 years sales of 124 properties where buyers paid around £195,517. 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 £197,015 for 221 and average amount paid for purchase of approx. 291 properties sold in last 7 years comes to about £196,059 per sale.

 
 

Properties For Sale in Kington

 
 

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 £112,175, £198,562 for a 3 bedroom house, £336,094 for a 4 bedroom house and £401,407 for a 5 bedroom house. For a flat the prices of 2 bedroom is £97,995. To sum up the asking prices for properties in Kington it comes to around average £103,667 for 2 bedroom property, £198,562 for 3 bedroom, £336,094 for 4 bedroom and £401,407 for 5 bedroom.

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 £451 for 2 bedroom to £576 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £451. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £451. You should be generally be expecting around average £451 rent per month for 2 bedroom property and approximately £514 for 3 bedroom property in Kington area.

Popular Houses in Kington

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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