Average Price for property in Lynmouth is around £254,108 which varies based on type of property you are interested in and ranges from £457,196 for detached house to around £255,905 for semi-detached. Similarly terraced house is around £203,355 and a flat is worth £190,849. Values have been changing and have risen £381 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,292 in last 6 months, £12,377 in last 1 year, £25,831 in last 2 years, £26,189 in last 3 years, £17,381 in last 4 years and £21,517 in last 5 years.
Currently average asking price of a property in Lynmouth is around £397,000 based on approximately 4 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £594 per month.
Estimated property value in Lynmouth is £254,108. Average asking price is £397,000 while average price paid is £226,125 which is up by £12,377 and Avg. asking rent £594.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 Lynmouth area. In last 1 year alone average price buyer paid is around £226,125 based on approximately 4 sales in Lynmouth area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £233,688. 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 £236,766 for 15 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £227,863 per sale.