Severn Terrace, Watchet, TA23

Street Guide For Severn Terrace, Watchet, TA23

 

Severn Terrace, Watchet, TA23 Map

Estimated Price: £141,005
Average Asking Price: £260,350
Price change in last one year: £10,495
Average Price Paid: £157,500
Average Rent Rates: £511

 

Property Prices Breakdown in Severn Terrace, Watchet, TA23

Average Price for property in Severn Terrace, Watchet, TA23 is around £141,005 e.g. average price for terraced house is around 141,005. Values have been changing and have risen £768 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,648 in last 6 months, £10,495 in last 1 year, £11,523 in last 2 years, £13,248 in last 3 years, £14,672 in last 4 years and £15,669 in last 5 years.

Currently average asking price of a property in Severn Terrace, Watchet, TA23 is around £260,350 based on approximately 0 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £511 per month.

Estimated property value in Severn Terrace, Watchet, TA23 is £141,005. Average asking price is £260,350 while average price paid is £157,500 which is up by £13,248 and Avg. asking rent £511.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 Severn Terrace, Watchet, TA23 area. In last 3 years alone average price buyer paid is around £157,500 based on approximately 1 sales in Severn Terrace, Watchet, TA23 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £157,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £147,166 for 3 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 £152,500, £178,953 for a 2 bedroom house, £228,311 for a 3 bedroom house, £332,388 for a 4 bedroom house and £394,983 for a 5 bedroom house. For a flat similarly the prices varies from £76,950 for a single bedroom to £100,650 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £250,000. To sum up the asking prices for properties in Severn Terrace, Watchet, TA23 it comes to around average £127,317 for 1 bedroom property, £167,207 for 2 bedroom, £228,311 for 3 bedroom, £328,464 for 4 bedroom and £394,983 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 £556 for 2 bedroom to £600 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £418. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £659. You should be generally be expecting around average £418 rent per month for single bedroom property, £597 for 2 bedroom and approximately £600 for 3 bedroom property in Severn Terrace, Watchet, TA23 area.

Popular Houses in Severn Terrace, Watchet, TA23

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 Severn Terrace, Watchet, TA23