Park Rise, Salcombe, TQ8

Street Guide For Park Rise, Salcombe, TQ8

 

Park Rise, Salcombe, TQ8 Map

Estimated Price: £376,206
Average Asking Price: £702,741
Price change in last one year: £22,163
Average Price Paid: £400,000
Average Rent Rates: £709

 

Property Prices Breakdown in Park Rise, Salcombe, TQ8

Average Price for property in Park Rise, Salcombe, TQ8 is around £376,206 e.g. average price for detached house is around 376,206. Values have been changing and have risen £151 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,842 in last 6 months, £22,163 in last 1 year, £37,336 in last 2 years, £36,271 in last 3 years, £19,340 in last 4 years and £31,191 in last 5 years.

Currently average asking price of a property in Park Rise, Salcombe, TQ8 is around £702,741 based on approximately 0 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £709 per month.

Estimated property value in Park Rise, Salcombe, TQ8 is £376,206. Average asking price is £702,741 while average price paid is £400,000 which is up by £36,271 and Avg. asking rent £709.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 Park Rise, Salcombe, TQ8 area. In last 3 years alone average price buyer paid is around £400,000 based on approximately 1 sales in Park Rise, Salcombe, TQ8 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £400,000. 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 £347,500 for 3 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 2 bedroom is around £307,500, £505,833 for a 3 bedroom house, £665,905 for a 4 bedroom house and £1,466,667 for a 5 bedroom house. For a flat similarly the prices varies from £140,000 for a single bedroom to £334,290 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £473,333 and £872,500 for a 4 bedroom flat. To sum up the asking prices for properties in Park Rise, Salcombe, TQ8 it comes to around average £140,000 for 1 bedroom property, £326,636 for 2 bedroom, £495,000 for 3 bedroom, £697,688 for 4 bedroom and £1,466,667 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 £646 for 2 bedroom to £1,248 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £550. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £708. You should be generally be expecting around average £550 rent per month for single bedroom property, £692 for 2 bedroom and approximately £1,248 for 3 bedroom property in Park Rise, Salcombe, TQ8 area.

Popular Houses in Park Rise, Salcombe, TQ8

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 Park Rise, Salcombe, TQ8