Fowey

Area Guide For Fowey

Fowey is a small town, civil parish and cargo port at the mouth of the River Fowey in south Cornwall, United Kingdom. According to the 2001 census it had a population of 2,273. The Domesday Book survey at the end of the 11th century records manors at Penventinue and Trenant, and a priory was soon established nearby at Tywardreath. Circa 1300 the prior granted a charter to people living in Fowey itself. This medieval town ran from a north gate near Boddinick Passage to a south gate at what is now Lostwithiel Street; the town extended a little way up the hillside and was bounded on the other side by the river where merchants had their houses backing onto the waterfront. The natural harbour allowed trade to develop with Europe and local ship owners often hired their vessels to the king to support various wars, although the town also developed a reputation for piracy, as did many others at this time. In the 14th century the harbour was defended by 160 archers after these were withdrawn, two blockhouses were built on either side of the harbour entrance. Despite these defences the town was attacked by French forces in 1457. Place House, by the church, was

 
 

Fowey Map

Estimated Price: £384,871
Average Asking Price: £434,403
Price change in last one year: £21,510
Average Price Paid: £337,166
Average Rent Rates: £784

 
 

Property Prices Breakdown in Fowey

Average Price for property in Fowey is around £384,871 which varies based on type of property you are interested in and ranges from £469,446 for detached house to around £330,908 for semi-detached. Similarly terraced house is around £345,653 and a flat is worth £292,425. Values have been changing and have risen £3,190 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,690 in last 6 months, £21,510 in last 1 year, £38,476 in last 2 years, £42,471 in last 3 years, £37,041 in last 4 years and £35,452 in last 5 years.

Currently average asking price of a property in Fowey is around £434,403 based on approximately 78 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £784 per month.

Estimated property value in Fowey is £384,871. Average asking price is £434,403 while average price paid is £309,645 which is up by £21,510 and Avg. asking rent £784.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 Fowey area. In last 1 year alone average price buyer paid is around £309,645 based on approximately 78 sales in Fowey area alone. If you compare it to last 3 years sales of 211 properties where buyers paid around £327,498. 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 £337,166 for 336 and average amount paid for purchase of approx. 451 properties sold in last 7 years comes to about £335,615 per sale.

 
 

Properties For Sale in Fowey

 
 

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 £195,000, £300,839 for a 2 bedroom house, £344,455 for a 3 bedroom house, £448,639 for a 4 bedroom house and £808,926 for a 5 bedroom house. For a flat similarly the prices varies from £177,650 for a single bedroom to £256,650 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £397,475. To sum up the asking prices for properties in Fowey it comes to around average £181,988 for 1 bedroom property, £289,792 for 2 bedroom, £348,873 for 3 bedroom, £448,639 for 4 bedroom and £808,926 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 £758 for 2 bedroom to £771 for 3 bedroom and £990 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £581. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £559 and £1,200 for 3 bedroom. You should be generally be expecting around average £581 rent per month for single bedroom property, £708 for 2 bedroom, £914 for 3 bedroom and approximately £990 for 4 bedroom property in Fowey area.

Popular Houses in Fowey

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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