Lymington

Area Guide For Lymington

Lymington is a port town on the west coast of the Lymington River on the Solent, in the New Forest locale of Hampshire, England. It is to the east of the South East Dorset conurbation, and confronts Yarmouth on the Isle of Wight which is joined with it by an auto ship, worked by Wightlink. The town has a vast traveler industry, in view of nearness to the New Forest and the harbor. It is a significant yachting focus with three marinas. As indicated by the 2011 enumeration the Lymington urban region had a populace of 15,407. On the off chance that you were to additionally incorporate the adjacent area of Boldre which incorporates Walhampton, ordinarily considered piece of Lymington, then the populace in 2011 was 17,410.

 
 

Lymington Map

Estimated Price: £444,269
Average Asking Price: £581,194
Price change in last one year: £28,077
Average Price Paid: £356,046
Average Rent Rates: £1,476

 
 

Property Prices Breakdown in Lymington

Average Price for property in Lymington is around £444,269 which varies based on type of property you are interested in and ranges from £580,899 for detached house to around £347,870 for semi-detached. Similarly terraced house is around £325,552 and a flat is worth £250,857. Values have been changing and have risen £1,034 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,708 in last 6 months, £28,077 in last 1 year, £59,416 in last 2 years, £60,232 in last 3 years, £48,354 in last 4 years and £65,287 in last 5 years.

Currently average asking price of a property in Lymington is around £581,194 based on approximately 603 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £1,476 per month.

Estimated property value in Lymington is £444,269. Average asking price is £581,194 while average price paid is £394,728 which is up by £28,077 and Avg. asking rent £1,476.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 Lymington area. In last 1 year alone average price buyer paid is around £394,728 based on approximately 603 sales in Lymington area alone. If you compare it to last 3 years sales of 1,767 properties where buyers paid around £361,897. 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 £356,046 for 2,944 and average amount paid for purchase of approx. 3,930 properties sold in last 7 years comes to about £353,232 per sale.

 
 

Properties For Sale in Lymington

 
 

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 £196,650, £345,228 for a 2 bedroom house, £491,076 for a 3 bedroom house, £756,351 for a 4 bedroom house and £1,025,276 for a 5 bedroom house. For a flat similarly the prices varies from £174,298 for a single bedroom to £320,428 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £406,168 and £551,333 for a 4 bedroom flat. To sum up the asking prices for properties in Lymington it comes to around average £177,092 for 1 bedroom property, £333,246 for 2 bedroom, £481,447 for 3 bedroom, £750,603 for 4 bedroom and £1,025,276 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 £1,045 for 2 bedroom to £1,416 for 3 bedroom, £1,505 for 4 bedroom and £2,637 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £693. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £912 and £1,025 for 3 bedroom. You should be generally be expecting around average £693 rent per month for single bedroom property, £982 for 2 bedroom, £1,345 for 3 bedroom, £1,505 for 4 bedroom and approximately £2,637 for a 5 bedroom property in Lymington area.

Popular Houses in Lymington

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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