Lynton

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Area Guide For Lynton

Lynton is a small town in Devon, England. It lies on the northern edge of Exmoor and is located at the top of a gorge above Lynmouth, to which it is connected by the Lynton and Lynmouth Cliff Railway. Lynton was once the terminus for the narrow-gauge Lynton & Barnstaple Railway, which served both towns. The two communities are governed at local level by Lynton and Lynmouth Town Council. In Lynton is the Parish Church of St Mary, which stands overlooking the sea, surrounded by shops and hotels. The tower is mainly thirteenth century but the church itself has been enlarged and altered most notably in 1741, when the nave was rebuilt, and later in Victorian times. Many of the town buildings were constructed in the latter part of the nineteenth century and the early twentieth century. The Town Hall was given to the town by Sir George Newnes, Bart., a major benefactor of the town. He also gave the town the Congregational Church on Lee Road. The novel Lorna Doone was set in the Lynton area. The South West Coast Path passes through the area, and the The Two Moors Way runs from Lynmouth to Ivybridge in South Devon. The British technical modern rock band InMe make semi frequent lyrical

 
 

Lynton Map

Estimated Price: £301,598
Average Asking Price: £390,408
Price change in last one year: £14,797
Average Price Paid: £208,391
Average Rent Rates: £750

 
 

Property Prices Breakdown in Lynton

Average Price for property in Lynton is around £301,598 which varies based on type of property you are interested in and ranges from £453,909 for detached house to around £254,064 for semi-detached. Similarly terraced house is around £201,892 and a flat is worth £189,477. Values have been changing and have risen £455 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,544 in last 6 months, £14,797 in last 1 year, £30,882 in last 2 years, £31,310 in last 3 years, £20,777 in last 4 years and £25,720 in last 5 years.

Currently average asking price of a property in Lynton is around £390,408 based on approximately 26 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £750 per month.

Estimated property value in Lynton is £301,598. Average asking price is £390,408 while average price paid is £193,635 which is up by £14,797 and Avg. asking rent £750.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 Lynton area. In last 1 year alone average price buyer paid is around £193,635 based on approximately 26 sales in Lynton area alone. If you compare it to last 3 years sales of 70 properties where buyers paid around £194,557. 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 £208,391 for 119 and average amount paid for purchase of approx. 167 properties sold in last 7 years comes to about £226,999 per sale.

 
 

Properties For Sale in Lynton

 
 

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 £151,475, £259,362 for a 3 bedroom house, £389,238 for a 4 bedroom house and £866,667 for a 5 bedroom house. For a flat similarly the prices varies from £150,000 for a 2 bedroom to £256,667 for a 3 bedroom Flat. To sum up the asking prices for properties in Lynton it comes to around average £150,983 for 2 bedroom property, £258,207 for 3 bedroom, £389,238 for 4 bedroom and £866,667 for 5 bedroom.

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 is £750 for 3 bedroom. You should be generally be expecting around average £750 rent per month for 3 bedroom property in Lynton area.

Popular Houses in Lynton

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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