Saffron Walden

Area Guide For Saffron Walden

Saffron Walden is a market sector town in the Uttlesford locale of Essex, England. It is 12 miles north of Bishop's Stortford, 18 miles south of Cambridge and 43 miles north of London. The town holds a provincial appearance and has structures dating from the medieval period onwards. In 2001 the ward had a populace of more than 14,313.
The most established possessed building in the own is accepted to be the previous maltings at 1 Myddleton Place. The fifteenth century building with a patio enclosure was utilized by the Youth Hostel Association from 1947 to 2010. It is currently utilized for functions.portrayed it as: "without uncertainty, the best medieval place of Saffron Walden". Other eminent early structures are in Bridge Street, Castle Street and the side avenues off the High Street. The High Street contains some late-Georgian and Victorian structures.

 
 

Saffron Walden Map

Estimated Price: £423,009
Average Asking Price: £408,066
Price change in last one year: £18,081
Average Price Paid: £346,588
Average Rent Rates: £945

 
 

Property Prices Breakdown in Saffron Walden

Average Price for property in Saffron Walden is around £423,009 which varies based on type of property you are interested in and ranges from £618,770 for detached house to around £346,594 for semi-detached. Similarly terraced house is around £291,831 and a flat is worth £186,480. Values have been changing and have risen £3,353 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,499 in last 6 months, £18,081 in last 1 year, £37,991 in last 2 years, £61,035 in last 3 years, £50,369 in last 4 years and £65,110 in last 5 years.

Currently average asking price of a property in Saffron Walden is around £408,066 based on approximately 488 properties for sale. Same is the case with rental options based on 54 properties up for rent, average asking rent is around £945 per month.

Estimated property value in Saffron Walden is £423,009. Average asking price is £408,066 while average price paid is £377,574 which is up by £18,081 and Avg. asking rent £945.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 Saffron Walden area. In last 1 year alone average price buyer paid is around £377,574 based on approximately 488 sales in Saffron Walden area alone. If you compare it to last 3 years sales of 1,474 properties where buyers paid around £353,236. 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 £346,588 for 2,364 and average amount paid for purchase of approx. 3,046 properties sold in last 7 years comes to about £334,834 per sale.

 
 

Properties For Sale in Saffron Walden

 
 

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 £198,317, £329,040 for a 2 bedroom house, £363,163 for a 3 bedroom house, £527,084 for a 4 bedroom house and £701,875 for a 5 bedroom house. For a flat similarly the prices varies from £136,517 for a single bedroom to £230,235 for a 2 bedroom Flat. To sum up the asking prices for properties in Saffron Walden it comes to around average £145,787 for 1 bedroom property, £264,199 for 2 bedroom, £363,163 for 3 bedroom, £527,084 for 4 bedroom and £701,875 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 £613 for 1 bedroom to £820 for 2 bedrooms, £1,123 for 3 bedrooms, £1,479 for 4 bedrooms and £2,325 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £631. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £762 and £949 for 3 bedroom. You should be generally be expecting around average £622 rent per month for single bedroom property, £792 for 2 bedroom, £1,106 for 3 bedroom, £1,479 for 4 bedroom and approximately £2,325 for a 5 bedroom property in Saffron Walden area.

Popular Houses in Saffron Walden

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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