Parsonage Lane, South Molton, EX36

Street Guide For Parsonage Lane, South Molton, EX36

 

Parsonage Lane, South Molton, EX36 Map

Estimated Price: £151,297
Average Asking Price: £378,030
Price change in last one year: £9,927
Average Price Paid: £156,200
Average Rent Rates: £734

 

Property Prices Breakdown in Parsonage Lane, South Molton, EX36

Average Price for property in Parsonage Lane, South Molton, EX36 is around £151,297 which varies based on type of property you are interested in and ranges from £213,704 for detached house to around £224,617 for semi-detached. Similarly terraced house is around £143,128 and a flat is worth £126,494. Values have been changing and have risen £875 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,355 in last 6 months, £9,927 in last 1 year, £13,833 in last 2 years, £14,431 in last 3 years, £13,383 in last 4 years and £14,094 in last 5 years.

Currently average asking price of a property in Parsonage Lane, South Molton, EX36 is around £378,030 based on approximately 2 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £734 per month.

Estimated property value in Parsonage Lane, South Molton, EX36 is £151,297. Average asking price is £378,030 while average price paid is £205,000 which is up by £9,927 and Avg. asking rent £734.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 Parsonage Lane, South Molton, EX36 area. In last 1 year alone average price buyer paid is around £205,000 based on approximately 2 sales in Parsonage Lane, South Molton, EX36 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £179,500. 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 £156,200 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £156,200 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 £85,000, £164,964 for a 2 bedroom house, £278,273 for a 3 bedroom house, £400,279 for a 4 bedroom house and £779,167 for a 5 bedroom house. For a flat similarly the prices varies from £185,000 for a single bedroom to £185,000 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £150,000. To sum up the asking prices for properties in Parsonage Lane, South Molton, EX36 it comes to around average £135,000 for 1 bedroom property, £167,468 for 2 bedroom, £271,860 for 3 bedroom, £400,279 for 4 bedroom and £779,167 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 £594 for 2 bedroom to £709 for 3 bedroom and £750 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £386. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £518 and £598 for 3 bedroom. You should be generally be expecting around average £386 rent per month for single bedroom property, £543 for 2 bedroom, £672 for 3 bedroom and approximately £750 for 4 bedroom property in Parsonage Lane, South Molton, EX36 area.

Popular Houses in Parsonage Lane, South Molton, EX36

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 Parsonage Lane, South Molton, EX36