Rax Lane, Bridport, DT6

Street Guide For Rax Lane, Bridport, DT6

 

Rax Lane, Bridport, DT6 Map

Estimated Price: £313,767
Average Asking Price: £352,629
Price change in last one year: £23,408
Average Price Paid: £366,100
Average Rent Rates: £878

 

Property Prices Breakdown in Rax Lane, Bridport, DT6

Average Price for property in Rax Lane, Bridport, DT6 is around £313,767 which varies based on type of property you are interested in and ranges from £640,465 for detached house to around £288,953 for semi-detached. Similarly terraced house is around £211,718 and a flat is worth £135,500. Values have been changing and have risen £3,340 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,794 in last 6 months, £23,408 in last 1 year, £30,016 in last 2 years, £33,736 in last 3 years, £30,153 in last 4 years and £28,945 in last 5 years.

Currently average asking price of a property in Rax Lane, Bridport, DT6 is around £352,629 based on approximately 3 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £878 per month.

Estimated property value in Rax Lane, Bridport, DT6 is £313,767. Average asking price is £352,629 while average price paid is £448,333 which is up by £23,408 and Avg. asking rent £878.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 Rax Lane, Bridport, DT6 area. In last 1 year alone average price buyer paid is around £448,333 based on approximately 3 sales in Rax Lane, Bridport, DT6 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £370,125. 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 £366,100 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £272,437 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 £101,675, £219,662 for a 2 bedroom house, £310,760 for a 3 bedroom house, £479,378 for a 4 bedroom house and £638,229 for a 5 bedroom house. For a flat similarly the prices varies from £97,064 for a single bedroom to £176,758 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £151,633. To sum up the asking prices for properties in Rax Lane, Bridport, DT6 it comes to around average £99,776 for 1 bedroom property, £209,139 for 2 bedroom, £303,635 for 3 bedroom, £479,378 for 4 bedroom and £638,229 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 £466 for 1 bedroom to £680 for 2 bedrooms, £876 for 3 bedrooms, £999 for 4 bedrooms and £1,623 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £459. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £634. You should be generally be expecting around average £463 rent per month for single bedroom property, £665 for 2 bedroom, £876 for 3 bedroom, £999 for 4 bedroom and approximately £1,623 for a 5 bedroom property in Rax Lane, Bridport, DT6 area.

Popular Houses in Rax Lane, Bridport, DT6

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 Rax Lane, Bridport, DT6