Pewsey

Area Guide For Pewsey

Pewsey is a large village, often considered a small town, at the centre of the Vale of Pewsey in Wiltshire about 80 miles (130 km) west of London. It is well connected to London, the West Country and Wales being close to the M4 motorway and the A303. Also, the village is served by Pewsey railway station on the Reading to Taunton line. For this reason Pewsey is popular as a location with commuters. Archaeological excavations on Pewsey Hill show evidence of a settlement in the 6th century. In the Tudor era the Manor of Pewsey belonged to the Duchess of Somerset. Several of the village's houses were built in this era: the timber framed cruck house at Ball Corner, Bridge Cottage on the Avon and the Court House by the Church. In 1764 the founder of the Methodist movement John Wesley (17031791) preached at Pewsey's Church of England parish church. The rector at that time, Joseph Townsend, was responsible for building of the first bridge over the River Avon. The Kennet and Avon Canal reached Pewsey in 1810. Of more significant lasting effect for the village was the arrival of the Great Western Railway in 1862 which allowed fast travel to London and to the West of Pewsey. In 1898 Pewsey

 
 

Pewsey Map

Estimated Price: £370,787
Average Asking Price: £436,691
Price change in last one year: £14,622
Average Price Paid: £332,616
Average Rent Rates: £923

 
 

Property Prices Breakdown in Pewsey

Average Price for property in Pewsey is around £370,787 which varies based on type of property you are interested in and ranges from £479,729 for detached house to around £273,377 for semi-detached. Similarly terraced house is around £229,908 and a flat is worth £177,689. Values have been changing and have risen £889 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,622 in last 6 months, £14,622 in last 1 year, £38,594 in last 2 years, £39,783 in last 3 years, £35,400 in last 4 years and £31,861 in last 5 years.

Currently average asking price of a property in Pewsey is around £436,691 based on approximately 126 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £923 per month.

Estimated property value in Pewsey is £370,787. Average asking price is £436,691 while average price paid is £343,415 which is up by £14,622 and Avg. asking rent £923.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 Pewsey area. In last 1 year alone average price buyer paid is around £343,415 based on approximately 126 sales in Pewsey area alone. If you compare it to last 3 years sales of 321 properties where buyers paid around £322,013. 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 £332,616 for 508 and average amount paid for purchase of approx. 732 properties sold in last 7 years comes to about £312,879 per sale.

 
 

Properties For Sale in Pewsey

 
 

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 £296,857, £334,854 for a 3 bedroom house, £469,250 for a 4 bedroom house and £740,000 for a 5 bedroom house. For a flat similarly the prices varies from £136,250 for a single bedroom to £253,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Pewsey it comes to around average £136,250 for 1 bedroom property, £291,375 for 2 bedroom, £334,854 for 3 bedroom, £469,250 for 4 bedroom and £740,000 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 £802 for 2 bedroom to £919 for 3 bedroom and £1,248 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £524. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £693. You should be generally be expecting around average £524 rent per month for single bedroom property, £748 for 2 bedroom, £919 for 3 bedroom and approximately £1,248 for 4 bedroom property in Pewsey area.

Popular Houses in Pewsey

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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