Lamb Park, Ilfracombe, EX34

Street Guide For Lamb Park, Ilfracombe, EX34

 

Lamb Park, Ilfracombe, EX34 Map

Estimated Price: £179,992
Average Asking Price: £283,452
Price change in last one year: £11,635
Average Price Paid: £150,500
Average Rent Rates: £508

 

Property Prices Breakdown in Lamb Park, Ilfracombe, EX34

Average Price for property in Lamb Park, Ilfracombe, EX34 is around £179,992 e.g. average price for terraced house is around 179,992. Values have been changing and have risen £1,512 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,815 in last 6 months, £11,635 in last 1 year, £15,663 in last 2 years, £15,428 in last 3 years, £15,384 in last 4 years and £15,522 in last 5 years.

Currently average asking price of a property in Lamb Park, Ilfracombe, EX34 is around £283,452 based on approximately 1 properties for sale. Same is the case with rental options based on 91 properties up for rent, average asking rent is around £508 per month.

Estimated property value in Lamb Park, Ilfracombe, EX34 is £179,992. Average asking price is £283,452 while average price paid is £155,500 which is up by £11,635 and Avg. asking rent £508.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 Lamb Park, Ilfracombe, EX34 area. In last 1 year alone average price buyer paid is around £155,500 based on approximately 1 sales in Lamb Park, Ilfracombe, EX34 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £152,000. 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 £150,500 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £152,142 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 2 bedroom is around £142,953, £218,157 for a 3 bedroom house, £297,938 for a 4 bedroom house and £668,173 for a 5 bedroom house. For a flat similarly the prices varies from £100,856 for a single bedroom to £175,773 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £265,931 and £170,000 for a 4 bedroom flat. To sum up the asking prices for properties in Lamb Park, Ilfracombe, EX34 it comes to around average £100,856 for 1 bedroom property, £161,294 for 2 bedroom, £226,120 for 3 bedroom, £281,946 for 4 bedroom and £668,173 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 £391 for 1 bedroom to £580 for 2 bedroom, £688 for 3 bedroom and £802 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £416. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £512 and £550 for 3 bedroom. You should be generally be expecting around average £408 rent per month for single bedroom property, £543 for 2 bedroom, £649 for 3 bedroom and approximately £802 for 4 bedroom property in Lamb Park, Ilfracombe, EX34 area.

Popular Houses in Lamb Park, Ilfracombe, EX34

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 Lamb Park, Ilfracombe, EX34