Average Price for property in Marine Drive, Burnham-on-Sea, TA8 is around £133,153 which varies based on type of property you are interested in and ranges from £161,684 for detached house to around £115,634 for semi-detached. Similarly terraced house is around £138,123 and a flat is worth £109,452. Values have been changing and have risen £328 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £903 in last 6 months, £8,918 in last 1 year, £10,709 in last 2 years, £11,790 in last 3 years, £13,951 in last 4 years and £14,339 in last 5 years.
Currently average asking price of a property in Marine Drive, Burnham-on-Sea, TA8 is around £218,315 based on approximately 6 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 Marine Drive, Burnham-on-Sea, TA8 is £133,153. Average asking price is £218,315 while average price paid is £117,000 which is up by £8,918 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 Marine Drive, Burnham-on-Sea, TA8 area. In last 1 year alone average price buyer paid is around £117,000 based on approximately 6 sales in Marine Drive, Burnham-on-Sea, TA8 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £118,555. 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 £114,863 for 15 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £116,770 per sale.