Barnstaple

Area Guide For Barnstaple

Barnstaple is a town and civil parish in the local government district of North Devon in the county of Devon, England, UK. It lies 68 miles (109 km) west southwest of Bristol, 50 miles (80 km) north of Plymouth and 34 miles (55 km) northwest of the county town of Exeter. The old spelling Barnstable is now obsolete. It is the main town of the district and claims to be the oldest borough in the United Kingdom. It was founded at the lowest crossing point of the River Taw, about 3 miles (5 km) from the Taw's seafall at the Bristol Channel. By the time of the Domesday Book, Barnstaple had its own mint. Its size and wealth in the Middle Ages was based on it being within the staple, a staple port licensed to export wool, though the town's name has a different derivation. The wool trade was further aided by the town's excellent port, with five ships being sent in 1588 to aid the fight against the Spanish Armada. It was one of the boroughs reformed by the Municipal Reform Act 1835. Since 1974, it has been a civil parish with a town council. It has a population of 34,000 (approx.). Barnstaple has an eclectic and somewhat haphazard mix of buildings developed over hundreds of

 
 

Barnstaple Map

Estimated Price: £239,077
Average Asking Price: £339,829
Price change in last one year: £11,758
Average Price Paid: £203,346
Average Rent Rates: £568

 
 

Property Prices Breakdown in Barnstaple

Average Price for property in Barnstaple is around £239,077 which varies based on type of property you are interested in and ranges from £321,460 for detached house to around £214,052 for semi-detached. Similarly terraced house is around £175,172 and a flat is worth £144,142. Values have been changing and have risen £986 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £636 in last 6 months, £11,758 in last 1 year, £25,080 in last 2 years, £21,842 in last 3 years, £14,929 in last 4 years and £21,188 in last 5 years.

Currently average asking price of a property in Barnstaple is around £339,829 based on approximately 674 properties for sale. Same is the case with rental options based on 55 properties up for rent, average asking rent is around £568 per month.

Estimated property value in Barnstaple is £239,077. Average asking price is £339,829 while average price paid is £213,058 which is up by £11,758 and Avg. asking rent £568.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 Barnstaple area. In last 1 year alone average price buyer paid is around £213,058 based on approximately 674 sales in Barnstaple area alone. If you compare it to last 3 years sales of 2,055 properties where buyers paid around £204,339. 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 £203,346 for 3,372 and average amount paid for purchase of approx. 4,426 properties sold in last 7 years comes to about £201,997 per sale.

 
 

Properties For Sale in Barnstaple

 
 

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 £121,862, £179,458 for a 2 bedroom house, £249,786 for a 3 bedroom house, £393,707 for a 4 bedroom house and £570,430 for a 5 bedroom house. For a flat similarly the prices varies from £86,799 for a single bedroom to £130,330 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £247,475. To sum up the asking prices for properties in Barnstaple it comes to around average £99,550 for 1 bedroom property, £165,421 for 2 bedroom, £249,714 for 3 bedroom, £393,707 for 4 bedroom and £570,430 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 £339 for 1 bedroom to £616 for 2 bedrooms, £752 for 3 bedrooms, £860 for 4 bedrooms and £1,138 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £437. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £564. You should be generally be expecting around average £405 rent per month for single bedroom property, £586 for 2 bedroom, £752 for 3 bedroom, £860 for 4 bedroom and approximately £1,138 for a 5 bedroom property in Barnstaple area.

Popular Houses in Barnstaple

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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