Prospect Place, Barnstaple, EX32

Street Guide For Prospect Place, Barnstaple, EX32

 

Prospect Place, Barnstaple, EX32 Map

Estimated Price: £224,094
Average Asking Price: £292,024
Price change in last one year: £17,294
Average Price Paid: £195,500
Average Rent Rates: £532

 

Property Prices Breakdown in Prospect Place, Barnstaple, EX32

Average Price for property in Prospect Place, Barnstaple, EX32 is around £224,094 which varies based on type of property you are interested in and ranges from £271,902 for detached house to around £206,629 for semi-detached. Similarly terraced house is around £165,992 and a flat is worth £237,974. Values have been changing and have risen £1,752 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,796 in last 6 months, £17,294 in last 1 year, £21,796 in last 2 years, £22,960 in last 3 years, £22,916 in last 4 years and £22,385 in last 5 years.

Currently average asking price of a property in Prospect Place, Barnstaple, EX32 is around £292,024 based on approximately 1 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £532 per month.

Estimated property value in Prospect Place, Barnstaple, EX32 is £224,094. Average asking price is £292,024 while average price paid is £195,000 which is up by £17,294 and Avg. asking rent £532.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 Prospect Place, Barnstaple, EX32 area. In last 1 year alone average price buyer paid is around £195,000 based on approximately 1 sales in Prospect Place, Barnstaple, EX32 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £195,500. 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 £195,500 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £202,375 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 £149,950, £174,884 for a 2 bedroom house, £213,891 for a 3 bedroom house, £380,853 for a 4 bedroom house and £650,909 for a 5 bedroom house. For a flat similarly the prices varies from £84,490 for a single bedroom to £132,475 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £115,000. To sum up the asking prices for properties in Prospect Place, Barnstaple, EX32 it comes to around average £95,400 for 1 bedroom property, £166,402 for 2 bedroom, £210,359 for 3 bedroom, £380,853 for 4 bedroom and £650,909 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 £339 for 1 bedroom to £563 for 2 bedrooms, £693 for 3 bedrooms, £875 for 4 bedrooms and £1,138 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £420. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £584. You should be generally be expecting around average £384 rent per month for single bedroom property, £572 for 2 bedroom, £693 for 3 bedroom, £876 for 4 bedroom and approximately £1,138 for a 5 bedroom property in Prospect Place, Barnstaple, EX32 area.

Popular Houses in Prospect Place, Barnstaple, EX32

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 Prospect Place, Barnstaple, EX32