Mitchell, Newquay, TR8

Street Guide For Mitchell, Newquay, TR8

 

Mitchell, Newquay, TR8 Map

Estimated Price: £303,783
Average Asking Price: £311,031
Price change in last one year: £15,734
Average Price Paid: £242,038
Average Rent Rates: £727

 

Property Prices Breakdown in Mitchell, Newquay, TR8

Average Price for property in Mitchell, Newquay, TR8 is around £303,783 which varies based on type of property you are interested in and ranges from £398,117 for detached house to around £296,698 for semi-detached. Similarly terraced house is around £208,784. Values have been changing and have risen £2,845 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,574 in last 6 months, £15,734 in last 1 year, £20,924 in last 2 years, £24,411 in last 3 years, £17,721 in last 4 years and £23,637 in last 5 years.

Currently average asking price of a property in Mitchell, Newquay, TR8 is around £311,031 based on approximately 0 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £727 per month.

Estimated property value in Mitchell, Newquay, TR8 is £303,783. Average asking price is £311,031 while average price paid is £231,333 which is up by £24,411 and Avg. asking rent £727.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 Mitchell, Newquay, TR8 area. In last 3 years alone average price buyer paid is around £231,333 based on approximately 3 sales in Mitchell, Newquay, TR8 area alone. If you compare it to last 5 years sales of 13 properties where buyers paid around £242,038. 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 £241,735 for 17 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 £152,500, £104,143 for a 2 bedroom house, £236,312 for a 3 bedroom house, £346,681 for a 4 bedroom house and £560,738 for a 5 bedroom house. For a flat similarly the prices varies from £227,740 for a single bedroom to £312,742 for a 2 bedroom Flat. To sum up the asking prices for properties in Mitchell, Newquay, TR8 it comes to around average £215,200 for 1 bedroom property, £131,351 for 2 bedroom, £236,312 for 3 bedroom, £346,681 for 4 bedroom and £560,738 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 £705 for 2 bedroom to £851 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £514. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £709. You should be generally be expecting around average £514 rent per month for single bedroom property, £706 for 2 bedroom and approximately £851 for 3 bedroom property in Mitchell, Newquay, TR8 area.

Popular Houses in Mitchell, Newquay, TR8

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 Mitchell, Newquay, TR8