Verwood

Area Guide For Verwood

Verwood is a town and civil parish in Dorset, England. The town lies 15 miles (24 km) north of Bournemouth and 19 miles (31 km) north of Poole. The town has a population of 14,820 according to latest figures (2009) from Dorset County Council, making it the largest town in Dorset without an upper school in terms of population. Verwood was originally recorded as Beau Bois in 1288, and it was not until 1329 that it got the name Verwood, which developed from Fairwood or The Fayrewood. The East Dorset Pottery Industry, known collectively as VERWOOD POTTERY thrived from earliest time on the clay soils of the neighbourhood and with ample firing material close at hand. The major production was of domestic earthenware although finer and more unusual pieces have been found from earlier times. In the latter days ornamental and novelty items were produced Until the end of their useful life, the methods of production had not varied from Roman times, all the processes being carried out with no mechanisation or electrification. For example, the clay was always trodden by foot and not mixed in a pug mill. The wheel was turned by an assistant with a pole or handle. The kilns were wood fired. As

 
 

Verwood Map

Estimated Price: £328,765
Average Asking Price: £352,415
Price change in last one year: £28,935
Average Price Paid: £266,363
Average Rent Rates: £2,384

 
 

Property Prices Breakdown in Verwood

Average Price for property in Verwood is around £328,765 which varies based on type of property you are interested in and ranges from £375,030 for detached house to around £248,207 for semi-detached. Similarly terraced house is around £213,226 and a flat is worth £183,219. Values have been changing and have risen £3,457 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,624 in last 6 months, £28,935 in last 1 year, £39,338 in last 2 years, £44,931 in last 3 years, £44,372 in last 4 years and £36,812 in last 5 years.

Currently average asking price of a property in Verwood is around £352,415 based on approximately 270 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £2,384 per month.

Estimated property value in Verwood is £328,765. Average asking price is £352,415 while average price paid is £284,441 which is up by £28,935 and Avg. asking rent £2,384.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 Verwood area. In last 1 year alone average price buyer paid is around £284,441 based on approximately 270 sales in Verwood area alone. If you compare it to last 3 years sales of 820 properties where buyers paid around £270,995. 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 £266,363 for 1,306 and average amount paid for purchase of approx. 1,722 properties sold in last 7 years comes to about £262,108 per sale.

 
 

Properties For Sale in Verwood

 
 

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 2 bedroom is around £205,400, £364,203 for a 3 bedroom house, £487,289 for a 4 bedroom house and £456,000 for a 5 bedroom house. For a flat similarly the prices varies from £134,950 for a single bedroom to £179,950 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £199,950. To sum up the asking prices for properties in Verwood it comes to around average £134,950 for 1 bedroom property, £199,038 for 2 bedroom, £354,541 for 3 bedroom, £487,289 for 4 bedroom and £456,000 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 is £849 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £624. You should be generally be expecting around average £624 rent per month for single bedroom property and approximately £849 for 3 bedroom property in Verwood area.

Popular Houses in Verwood

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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