Swanage

Area Guide For Swanage

Swanage is a coastal town and civil parish in the south east of Dorset, England. It is situated at the eastern end of the Isle of Purbeck, approximately 10 km south of Poole and 40 km east of Dorchester. The parish has a population of 10,124 (2001). Nearby are Ballard Down and Old Harry Rocks, with Studland Bay and Poole Harbour to the north. Within the parish are Durlston Bay and Durlston Country Park to the south of the town. The parish also includes the areas of Herston, just to the west of the town, and Durlston, just to the south. The town, originally a small port and fishing village flourished in the Victorian era, when it first became a significant quarrying port and later a seaside resort for the rich of the day. Today the town remains a popular tourist resort, this being the town's primary industry, with many thousands of visitors coming to the town during the peak summer season, drawn by the bay's sandy beaches and other attractions. During its history the bay was listed variously as Swanawic, Swanwich, Sandwich, and only in more recent history as Swanage. The town is located at the eastern end of the Jurassic Coast, a World Heritage Site. While

 
 

Swanage Map

Estimated Price: £330,511
Average Asking Price: £377,378
Price change in last one year: £18,558
Average Price Paid: £289,860
Average Rent Rates: £859

 
 

Property Prices Breakdown in Swanage

Average Price for property in Swanage is around £330,511 which varies based on type of property you are interested in and ranges from £458,917 for detached house to around £300,171 for semi-detached. Similarly terraced house is around £271,956 and a flat is worth £228,140. Values have been changing and have risen £126 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,343 in last 6 months, £18,558 in last 1 year, £25,974 in last 2 years, £32,044 in last 3 years, £28,479 in last 4 years and £39,802 in last 5 years.

Currently average asking price of a property in Swanage is around £377,378 based on approximately 230 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £859 per month.

Estimated property value in Swanage is £330,511. Average asking price is £377,378 while average price paid is £288,152 which is up by £18,558 and Avg. asking rent £859.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 Swanage area. In last 1 year alone average price buyer paid is around £288,152 based on approximately 230 sales in Swanage area alone. If you compare it to last 3 years sales of 668 properties where buyers paid around £290,565. 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 £289,860 for 1,165 and average amount paid for purchase of approx. 1,555 properties sold in last 7 years comes to about £282,468 per sale.

 
 

Properties For Sale in Swanage

 
 

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 £185,000, £232,952 for a 2 bedroom house, £375,793 for a 3 bedroom house, £581,628 for a 4 bedroom house and £751,800 for a 5 bedroom house. For a flat similarly the prices varies from £126,980 for a single bedroom to £267,366 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £422,500 and £420,000 for a 4 bedroom flat. To sum up the asking prices for properties in Swanage it comes to around average £136,650 for 1 bedroom property, £251,133 for 2 bedroom, £388,248 for 3 bedroom, £573,121 for 4 bedroom and £751,800 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 £732 for 2 bedroom to £901 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,001. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £687 and £1,274 for 3 bedroom. You should be generally be expecting around average £1,001 rent per month for single bedroom property, £710 for 2 bedroom and approximately £1,088 for 3 bedroom property in Swanage area.

Popular Houses in Swanage

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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