South Cheriton, Templecombe, BA8

Street Guide For South Cheriton, Templecombe, BA8

 

South Cheriton, Templecombe, BA8 Map

Estimated Price: £427,262
Average Asking Price: £395,383
Price change in last one year: £32,112
Average Price Paid: £332,035
Average Rent Rates: £1,022

 

Property Prices Breakdown in South Cheriton, Templecombe, BA8

Average Price for property in South Cheriton, Templecombe, BA8 is around £427,262 which varies based on type of property you are interested in and ranges from £483,191 for detached house to around £333,441 for semi-detached. Similarly terraced house is around £335,871. Values have been changing and have risen £902 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,362 in last 6 months, £32,112 in last 1 year, £42,691 in last 2 years, £51,368 in last 3 years, £50,117 in last 4 years and £52,381 in last 5 years.

Currently average asking price of a property in South Cheriton, Templecombe, BA8 is around £395,383 based on approximately 3 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £1,022 per month.

Estimated property value in South Cheriton, Templecombe, BA8 is £427,262. Average asking price is £395,383 while average price paid is £469,333 which is up by £32,112 and Avg. asking rent £1,022.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 South Cheriton, Templecombe, BA8 area. In last 1 year alone average price buyer paid is around £469,333 based on approximately 3 sales in South Cheriton, Templecombe, BA8 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £353,624. 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 £332,035 for 14 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £332,249 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 £112,333, £158,564 for a 2 bedroom house, £225,569 for a 3 bedroom house, £372,143 for a 4 bedroom house and £400,000 for a 5 bedroom house. For a flat similarly the prices varies from £126,750 for a 2 bedroom to £850,000 for a 5 bedroom Flat. To sum up the asking prices for properties in South Cheriton, Templecombe, BA8 it comes to around average £112,333 for 1 bedroom property, £151,494 for 2 bedroom, £225,569 for 3 bedroom, £372,143 for 4 bedroom and £568,750 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 £624 for 2 bedroom to £836 for 3 bedroom and £1,401 for 4 bedroom. You should be generally be expecting around average £624 rent per month for 2 bedroom property, £836 for 3 bedroom and approximately £1,401 for 4 bedroom property in South Cheriton, Templecombe, BA8 area.

Popular Houses in South Cheriton, Templecombe, BA8

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 South Cheriton, Templecombe, BA8