Mill Street, Dorchester, DT1

Street Guide For Mill Street, Dorchester, DT1

 

Mill Street, Dorchester, DT1 Map

Estimated Price: £140,688
Average Asking Price: £252,781
Price change in last one year: £11,545
Average Price Paid: £117,444
Average Rent Rates: £1,575

 

Property Prices Breakdown in Mill Street, Dorchester, DT1

Average Price for property in Mill Street, Dorchester, DT1 is around £140,688 which varies based on type of property you are interested in and ranges from £134,090 for semi-detached to around £141,128 for a flat. Values have been changing and have risen £1,451 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,124 in last 6 months, £11,545 in last 1 year, £12,624 in last 2 years, £15,186 in last 3 years, £14,995 in last 4 years and £12,922 in last 5 years.

Currently average asking price of a property in Mill Street, Dorchester, DT1 is around £252,781 based on approximately 1 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £1,575 per month.

Estimated property value in Mill Street, Dorchester, DT1 is £140,688. Average asking price is £252,781 while average price paid is £117,000 which is up by £11,545 and Avg. asking rent £1,575.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 Mill Street, Dorchester, DT1 area. In last 1 year alone average price buyer paid is around £117,000 based on approximately 1 sales in Mill Street, Dorchester, DT1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £116,375. 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 £117,444 for 9 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £118,573 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 1 bedroom is around £137,500, £229,980 for a 2 bedroom house, £280,845 for a 3 bedroom house, £395,426 for a 4 bedroom house and £408,990 for a 5 bedroom house. For a flat similarly the prices varies from £145,726 for a single bedroom to £201,596 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £312,333 and £345,000 for a 4 bedroom flat. To sum up the asking prices for properties in Mill Street, Dorchester, DT1 it comes to around average £145,068 for 1 bedroom property, £206,918 for 2 bedroom, £286,629 for 3 bedroom, £393,325 for 4 bedroom and £408,990 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 £581 for 1 bedroom to £767 for 2 bedroom, £849 for 3 bedroom and £1,326 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £555. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £870 and £988 for 3 bedroom. You should be generally be expecting around average £563 rent per month for single bedroom property, £848 for 2 bedroom, £905 for 3 bedroom and approximately £1,326 for 4 bedroom property in Mill Street, Dorchester, DT1 area.

Popular Houses in Mill Street, Dorchester, DT1

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 Mill Street, Dorchester, DT1