Average Price for property in Oak Tree Place, Burnham-on-Sea, TA8 is around £246,775 which varies based on type of property you are interested in and ranges from £336,364 for detached house to around £173,476 for semi-detached. Values have been changing and have risen £608 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,671 in last 6 months, £16,520 in last 1 year, £19,831 in last 2 years, £21,828 in last 3 years, £25,828 in last 4 years and £26,542 in last 5 years.
Currently average asking price of a property in Oak Tree Place, Burnham-on-Sea, TA8 is around £218,315 based on approximately 3 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 Oak Tree Place, Burnham-on-Sea, TA8 is £246,775. Average asking price is £218,315 while average price paid is £315,000 which is up by £16,520 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 Oak Tree Place, Burnham-on-Sea, TA8 area. In last 1 year alone average price buyer paid is around £315,000 based on approximately 3 sales in Oak Tree Place, Burnham-on-Sea, TA8 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £271,875. 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 £238,900 for 10 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £232,076 per sale.