Love Lane, Burnham-on-Sea, TA8

Street Guide For Love Lane, Burnham-on-Sea, TA8

 

Love Lane, Burnham-on-Sea, TA8 Map

Estimated Price: £180,973
Average Asking Price: £218,315
Price change in last one year: £12,116
Average Price Paid: £166,170
Average Rent Rates: £647

 

Property Prices Breakdown in Love Lane, Burnham-on-Sea, TA8

Average Price for property in Love Lane, Burnham-on-Sea, TA8 is around £180,973 which varies based on type of property you are interested in and ranges from £233,211 for detached house to around £166,795 for semi-detached. Similarly terraced house is around £153,361. Values have been changing and have risen £445 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,225 in last 6 months, £12,116 in last 1 year, £14,547 in last 2 years, £16,011 in last 3 years, £18,946 in last 4 years and £19,471 in last 5 years.

Currently average asking price of a property in Love Lane, Burnham-on-Sea, TA8 is around £218,315 based on approximately 5 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £647 per month.

Estimated property value in Love Lane, Burnham-on-Sea, TA8 is £180,973. Average asking price is £218,315 while average price paid is £179,400 which is up by £12,116 and Avg. asking rent £647.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 Love Lane, Burnham-on-Sea, TA8 area. In last 1 year alone average price buyer paid is around £179,400 based on approximately 5 sales in Love Lane, Burnham-on-Sea, TA8 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £175,672. 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 £166,170 for 20 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £162,604 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 £104,950, £165,703 for a 2 bedroom house, £225,621 for a 3 bedroom house, £288,607 for a 4 bedroom house and £374,992 for a 5 bedroom house. For a flat similarly the prices varies from £81,843 for a single bedroom to £116,593 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £147,283 and £179,950 for a 4 bedroom flat. To sum up the asking prices for properties in Love Lane, Burnham-on-Sea, TA8 it comes to around average £88,775 for 1 bedroom property, £141,995 for 2 bedroom, £218,277 for 3 bedroom, £283,883 for 4 bedroom and £374,992 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 £472 for 1 bedroom to £598 for 2 bedroom, £737 for 3 bedroom and £793 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 £586 and £652 for 3 bedroom. You should be generally be expecting around average £418 rent per month for single bedroom property, £588 for 2 bedroom, £694 for 3 bedroom and approximately £793 for 4 bedroom property in Love Lane, Burnham-on-Sea, TA8 area.

Popular Houses in Love Lane, Burnham-on-Sea, TA8

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 Love Lane, Burnham-on-Sea, TA8