Thorndike Way, Burnham-on-Sea, TA8

Street Guide For Thorndike Way, Burnham-on-Sea, TA8

 

Thorndike Way, Burnham-on-Sea, TA8 Map

Estimated Price: £196,403
Average Asking Price: £218,315
Price change in last one year: £13,150
Average Price Paid: £160,434
Average Rent Rates: £647

 

Property Prices Breakdown in Thorndike Way, Burnham-on-Sea, TA8

Average Price for property in Thorndike Way, Burnham-on-Sea, TA8 is around £196,403 which varies based on type of property you are interested in and ranges from £240,066 for detached house to around £179,384 for semi-detached. Similarly terraced house is around £159,745. Values have been changing and have risen £484 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,331 in last 6 months, £13,150 in last 1 year, £15,787 in last 2 years, £17,377 in last 3 years, £20,563 in last 4 years and £21,133 in last 5 years.

Currently average asking price of a property in Thorndike Way, Burnham-on-Sea, TA8 is around £218,315 based on approximately 3 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £647 per month.

Estimated property value in Thorndike Way, Burnham-on-Sea, TA8 is £196,403. Average asking price is £218,315 while average price paid is £184,833 which is up by £13,150 and Avg. asking rent £647.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 Thorndike Way, Burnham-on-Sea, TA8 area. In last 1 year alone average price buyer paid is around £184,833 based on approximately 3 sales in Thorndike Way, Burnham-on-Sea, TA8 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £179,388. 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 £160,434 for 32 and average amount paid for purchase of approx. 36 properties sold in last 7 years comes to about £162,525 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 £104,950, £165,703 for a 2 bedroom house, £225,621 for a 3 bedroom house, £288,607 for a 4 bedroom house and £374,992 for a 5 bedroom house. For a flat similarly the prices varies from £81,843 for a single bedroom to £116,593 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £147,283 and £179,950 for a 4 bedroom flat. To sum up the asking prices for properties in Thorndike Way, Burnham-on-Sea, TA8 it comes to around average £88,775 for 1 bedroom property, £141,995 for 2 bedroom, £218,277 for 3 bedroom, £283,883 for 4 bedroom and £374,992 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 £472 for 1 bedroom to £598 for 2 bedroom, £737 for 3 bedroom and £793 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £386. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £586 and £652 for 3 bedroom. You should be generally be expecting around average £418 rent per month for single bedroom property, £588 for 2 bedroom, £694 for 3 bedroom and approximately £793 for 4 bedroom property in Thorndike Way, Burnham-on-Sea, TA8 area.

Popular Houses in Thorndike Way, Burnham-on-Sea, TA8

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 Thorndike Way, Burnham-on-Sea, TA8