Shortlands Lane, Cullompton, EX15

Street Guide For Shortlands Lane, Cullompton, EX15

 

Shortlands Lane, Cullompton, EX15 Map

Estimated Price: £257,227
Average Asking Price: £325,875
Price change in last one year: £12,965
Average Price Paid: £232,650
Average Rent Rates: £669

 

Property Prices Breakdown in Shortlands Lane, Cullompton, EX15

Average Price for property in Shortlands Lane, Cullompton, EX15 is around £257,227 e.g. average price for detached house is around 257,227. Values have been changing and have risen £1,355 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,218 in last 6 months, £12,965 in last 1 year, £19,506 in last 2 years, £23,839 in last 3 years, £24,484 in last 4 years and £21,055 in last 5 years.

Currently average asking price of a property in Shortlands Lane, Cullompton, EX15 is around £325,875 based on approximately 0 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £669 per month.

Estimated property value in Shortlands Lane, Cullompton, EX15 is £257,227. Average asking price is £325,875 while average price paid is £253,975 which is up by £23,839 and Avg. asking rent £669.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 Shortlands Lane, Cullompton, EX15 area. In last 3 years alone average price buyer paid is around £253,975 based on approximately 2 sales in Shortlands Lane, Cullompton, EX15 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £232,650. 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 £232,650 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 £91,875, £163,858 for a 2 bedroom house, £245,509 for a 3 bedroom house, £445,204 for a 4 bedroom house and £547,263 for a 5 bedroom house. For a flat similarly the prices varies from £52,950 for a single bedroom to £131,643 for a 2 bedroom Flat. To sum up the asking prices for properties in Shortlands Lane, Cullompton, EX15 it comes to around average £84,090 for 1 bedroom property, £153,946 for 2 bedroom, £245,509 for 3 bedroom, £445,204 for 4 bedroom and £547,263 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 £535 for 1 bedroom to £604 for 2 bedroom, £792 for 3 bedroom and £899 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £423. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £523 and £631 for 3 bedroom. You should be generally be expecting around average £479 rent per month for single bedroom property, £587 for 2 bedroom, £760 for 3 bedroom and approximately £899 for 4 bedroom property in Shortlands Lane, Cullompton, EX15 area.

Popular Houses in Shortlands Lane, Cullompton, EX15

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 Shortlands Lane, Cullompton, EX15