The Old Water Mill, Westford, Wellington, TA21

Street Guide For The Old Water Mill, Westford, Wellington, TA21

 

The Old Water Mill, Westford, Wellington, TA21 Map

Estimated Price: £319,311
Average Asking Price: £272,684
Price change in last one year: £20,319
Average Price Paid: £322,000
Average Rent Rates: £1,300

 

Property Prices Breakdown in The Old Water Mill, Westford, Wellington, TA21

Average Price for property in The Old Water Mill, Westford, Wellington, TA21 is around £319,311 which varies based on type of property you are interested in and ranges from £377,237 for detached house to around £336,602 for semi-detached. Similarly terraced house is around £313,547. Values have been changing and have risen £1,287 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,046 in last 6 months, £20,319 in last 1 year, £24,588 in last 2 years, £28,953 in last 3 years, £27,603 in last 4 years and £36,354 in last 5 years.

Currently average asking price of a property in The Old Water Mill, Westford, Wellington, TA21 is around £272,684 based on approximately 1 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £1,300 per month.

Estimated property value in The Old Water Mill, Westford, Wellington, TA21 is £319,311. Average asking price is £272,684 while average price paid is £322,000 which is up by £20,319 and Avg. asking rent £1,300.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 The Old Water Mill, Westford, Wellington, TA21 area. In last 1 year alone average price buyer paid is around £322,000 based on approximately 1 sales in The Old Water Mill, Westford, Wellington, TA21 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £322,000. 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 £322,000 for 1 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £361,000 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 £88,650, £157,699 for a 2 bedroom house, £236,975 for a 3 bedroom house, £408,117 for a 4 bedroom house and £496,422 for a 5 bedroom house. For a flat similarly the prices varies from £92,862 for a single bedroom to £103,788 for a 2 bedroom Flat. To sum up the asking prices for properties in The Old Water Mill, Westford, Wellington, TA21 it comes to around average £91,714 for 1 bedroom property, £144,221 for 2 bedroom, £236,975 for 3 bedroom, £408,117 for 4 bedroom and £496,422 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 £455 for 1 bedroom to £632 for 2 bedrooms, £879 for 3 bedrooms, £949 for 4 bedrooms and £1,499 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £451. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £480. You should be generally be expecting around average £453 rent per month for single bedroom property, £562 for 2 bedroom, £879 for 3 bedroom, £949 for 4 bedroom and approximately £1,499 for a 5 bedroom property in The Old Water Mill, Westford, Wellington, TA21 area.

Popular Houses in The Old Water Mill, Westford, Wellington, TA21

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 The Old Water Mill, Westford, Wellington, TA21