Malvern Terrace, Taunton, TA2

Street Guide For Malvern Terrace, Taunton, TA2

 

Malvern Terrace, Taunton, TA2 Map

Estimated Price: £213,961
Average Asking Price: £248,752
Price change in last one year: £13,561
Average Price Paid: £172,000
Average Rent Rates: £683

 

Property Prices Breakdown in Malvern Terrace, Taunton, TA2

Average Price for property in Malvern Terrace, Taunton, TA2 is around £213,961 which varies based on type of property you are interested in and ranges from £234,569 for semi-detached to around £201,940 for terraced house. Values have been changing and have risen £914 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,561 in last 6 months, £13,561 in last 1 year, £15,892 in last 2 years, £19,248 in last 3 years, £22,103 in last 4 years and £20,983 in last 5 years.

Currently average asking price of a property in Malvern Terrace, Taunton, TA2 is around £248,752 based on approximately 0 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £683 per month.

Estimated property value in Malvern Terrace, Taunton, TA2 is £213,961. Average asking price is £248,752 while average price paid is £156,500 which is up by £19,248 and Avg. asking rent £683.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 Malvern Terrace, Taunton, TA2 area. In last 3 years alone average price buyer paid is around £156,500 based on approximately 2 sales in Malvern Terrace, Taunton, TA2 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £172,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £171,500 for 6 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 £151,038, £206,097 for a 3 bedroom house, £324,378 for a 4 bedroom house and £576,413 for a 5 bedroom house. For a flat similarly the prices varies from £90,241 for a single bedroom to £110,459 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £219,950. To sum up the asking prices for properties in Malvern Terrace, Taunton, TA2 it comes to around average £90,241 for 1 bedroom property, £136,960 for 2 bedroom, £206,230 for 3 bedroom, £324,378 for 4 bedroom and £576,413 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 £351 for 1 bedroom to £610 for 2 bedroom, £715 for 3 bedroom and £1,200 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £410. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £566. You should be generally be expecting around average £401 rent per month for single bedroom property, £588 for 2 bedroom, £715 for 3 bedroom and approximately £1,200 for 4 bedroom property in Malvern Terrace, Taunton, TA2 area.

Popular Houses in Malvern Terrace, Taunton, TA2

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 Malvern Terrace, Taunton, TA2