Shorts Lane, Beaminster, DT8

Street Guide For Shorts Lane, Beaminster, DT8

 

Shorts Lane, Beaminster, DT8 Map

Estimated Price: £486,537
Average Asking Price: £377,960
Price change in last one year: £40,840
Average Price Paid: £325,000
Average Rent Rates: £635

 

Property Prices Breakdown in Shorts Lane, Beaminster, DT8

Average Price for property in Shorts Lane, Beaminster, DT8 is around £486,537 which varies based on type of property you are interested in and ranges from £398,550 for detached house to around £636,884 for semi-detached. Similarly terraced house is around £387,449. Values have been changing and have risen £6,688 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,981 in last 6 months, £40,840 in last 1 year, £52,242 in last 2 years, £59,911 in last 3 years, £53,064 in last 4 years and £50,850 in last 5 years.

Currently average asking price of a property in Shorts Lane, Beaminster, DT8 is around £377,960 based on approximately 0 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £635 per month.

Estimated property value in Shorts Lane, Beaminster, DT8 is £486,537. Average asking price is £377,960 while average price paid is £325,000 which is up by £50,850 and Avg. asking rent £635.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 Shorts Lane, Beaminster, DT8 area. In last 5 years alone average price buyer paid is around £325,000 based on approximately 1 sales in Shorts Lane, Beaminster, DT8 area alone. If you compare it to last 7 years sales of 3 properties where buyers paid around £373,333.

 
 

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 £133,125, £206,233 for a 2 bedroom house, £298,876 for a 3 bedroom house, £434,983 for a 4 bedroom house and £405,833 for a 5 bedroom house. For a flat similarly the prices varies from £136,970 for a 2 bedroom to £180,000 for a 5 bedroom Flat. To sum up the asking prices for properties in Shorts Lane, Beaminster, DT8 it comes to around average £133,125 for 1 bedroom property, £185,862 for 2 bedroom, £298,876 for 3 bedroom, £434,983 for 4 bedroom and £373,571 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 £619 for 2 bedroom to £835 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £466. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £593. You should be generally be expecting around average £466 rent per month for single bedroom property, £607 for 2 bedroom and approximately £835 for 3 bedroom property in Shorts Lane, Beaminster, DT8 area.

Popular Houses in Shorts Lane, Beaminster, DT8

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 Shorts Lane, Beaminster, DT8