Bude

Area Guide For Bude

Bude (Cornish: Bud) is a small seaside resort town in north Cornwall, England, UK, in the civil parish of Bude-Stratton and at the mouth of the River Neet (also known locally as the River Strat). It was formerly sometimes known as Bude Haven. It lies southwest of Stratton, south of Flexbury and Poughill, and north of Widemouth Bay and is located along the A3073 road off the A39. Bude is twinned with Ergu-Gabric in Brittany, France. Bude's coast faces Bude Bay in the Celtic Sea, part of the Atlantic Ocean. Its earlier importance was as a harbour, and then a source of sea sand useful for improving the moorland soil. The Victorians favoured it as a watering place, and it was a popular seaside destination in the 20th century. It lies just south of Flexbury and north of Widemouth Bay and is located along the A3073 road off the A39 road. Bude Coast SSSI (Site of Special Scientific Interest), located between Compass Cove to the south and Furzey Cove to the north, is noted for its geological and biological interest. Carboniferous sandstone cliffs surround Bude. During the Variscan Orogeny the strata were heavily faulted and folded. As the sands and cliffs around Bude contain calcium

 
 

Bude Map

Estimated Price: £275,599
Average Asking Price: £318,369
Price change in last one year: £14,466
Average Price Paid: £242,528
Average Rent Rates: £720

 
 

Property Prices Breakdown in Bude

Average Price for property in Bude is around £275,599 which varies based on type of property you are interested in and ranges from £334,945 for detached house to around £224,810 for semi-detached. Similarly terraced house is around £198,607 and a flat is worth £169,630. Values have been changing and have risen £1,215 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,841 in last 6 months, £14,466 in last 1 year, £22,397 in last 2 years, £15,359 in last 3 years, £22,297 in last 4 years and £28,961 in last 5 years.

Currently average asking price of a property in Bude is around £318,369 based on approximately 239 properties for sale. Same is the case with rental options based on 46 properties up for rent, average asking rent is around £720 per month.

Estimated property value in Bude is £275,599. Average asking price is £318,369 while average price paid is £241,849 which is up by £14,466 and Avg. asking rent £720.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 Bude area. In last 1 year alone average price buyer paid is around £241,849 based on approximately 239 sales in Bude area alone. If you compare it to last 3 years sales of 687 properties where buyers paid around £242,506. 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 £242,528 for 1,152 and average amount paid for purchase of approx. 1,578 properties sold in last 7 years comes to about £240,887 per sale.

 
 

Properties For Sale in Bude

 
 

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 £149,950, £142,211 for a 2 bedroom house, £257,748 for a 3 bedroom house, £399,410 for a 4 bedroom house and £421,014 for a 5 bedroom house. For a flat similarly the prices varies from £118,391 for a single bedroom to £177,670 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £297,500 and £270,000 for a 4 bedroom flat. To sum up the asking prices for properties in Bude it comes to around average £121,021 for 1 bedroom property, £148,778 for 2 bedroom, £258,972 for 3 bedroom, £396,657 for 4 bedroom and £421,014 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 £605 for 2 bedroom to £747 for 3 bedroom, £843 for 4 bedroom and £988 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £463. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £551 and £742 for 3 bedroom. You should be generally be expecting around average £463 rent per month for single bedroom property, £572 for 2 bedroom, £747 for 3 bedroom, £843 for 4 bedroom and approximately £988 for a 5 bedroom property in Bude area.

Popular Houses in Bude

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.

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