Somerset Place, Teignmouth, TQ14

Street Guide For Somerset Place, Teignmouth, TQ14

 

Somerset Place, Teignmouth, TQ14 Map

Estimated Price: £155,494
Average Asking Price: £318,502
Price change in last one year: £5,273
Average Price Paid: £136,856
Average Rent Rates: £625

 

Property Prices Breakdown in Somerset Place, Teignmouth, TQ14

Values have been changing and have risen £674 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £510 in last 6 months, £5,273 in last 1 year, £14,661 in last 2 years, £12,598 in last 3 years, £6,853 in last 4 years and £12,630 in last 5 years.

Currently average asking price of a property in Somerset Place, Teignmouth, TQ14 is around £318,502 based on approximately 0 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £625 per month.

Estimated property value in Somerset Place, Teignmouth, TQ14 is £155,494. Average asking price is £318,502 while average price paid is £91,998 which is up by £12,598 and Avg. asking rent £625.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 Somerset Place, Teignmouth, TQ14 area. In last 3 years alone average price buyer paid is around £91,998 based on approximately 3 sales in Somerset Place, Teignmouth, TQ14 area alone. If you compare it to last 5 years sales of 7 properties where buyers paid around £136,856. 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 £129,999 for 8 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 £94,975, £179,297 for a 2 bedroom house, £324,248 for a 3 bedroom house, £424,069 for a 4 bedroom house and £593,515 for a 5 bedroom house. For a flat similarly the prices varies from £100,081 for a single bedroom to £188,258 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £219,979. To sum up the asking prices for properties in Somerset Place, Teignmouth, TQ14 it comes to around average £99,152 for 1 bedroom property, £183,829 for 2 bedroom, £313,189 for 3 bedroom, £424,069 for 4 bedroom and £593,515 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 £642 for 2 bedroom to £866 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £475. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £602 and £650 for 3 bedroom. You should be generally be expecting around average £475 rent per month for single bedroom property, £617 for 2 bedroom and approximately £850 for 3 bedroom property in Somerset Place, Teignmouth, TQ14 area.

Popular Houses in Somerset Place, Teignmouth, TQ14

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 Somerset Place, Teignmouth, TQ14