View Road, Lyme Regis, DT7

Street Guide For View Road, Lyme Regis, DT7

 

View Road, Lyme Regis, DT7 Map

Estimated Price: £333,448
Average Asking Price: £394,320
Price change in last one year: £23,374
Average Price Paid: £366,333
Average Rent Rates: £2,321

 

Property Prices Breakdown in View Road, Lyme Regis, DT7

Average Price for property in View Road, Lyme Regis, DT7 is around £333,448 which varies based on type of property you are interested in and ranges from £403,599 for detached house to around £395,206 for semi-detached. Similarly flat is around £198,738. Values have been changing and have risen £1,935 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,880 in last 6 months, £23,374 in last 1 year, £28,897 in last 2 years, £31,321 in last 3 years, £33,082 in last 4 years and £29,743 in last 5 years.

Currently average asking price of a property in View Road, Lyme Regis, DT7 is around £394,320 based on approximately 3 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £2,321 per month.

Estimated property value in View Road, Lyme Regis, DT7 is £333,448. Average asking price is £394,320 while average price paid is £319,000 which is up by £23,374 and Avg. asking rent £2,321.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 View Road, Lyme Regis, DT7 area. In last 1 year alone average price buyer paid is around £319,000 based on approximately 3 sales in View Road, Lyme Regis, DT7 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £351,600. 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 £366,333 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £386,857 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 2 bedroom is around £263,748, £350,379 for a 3 bedroom house, £551,302 for a 4 bedroom house and £634,983 for a 5 bedroom house. For a flat similarly the prices varies from £172,238 for a single bedroom to £226,048 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £456,650. To sum up the asking prices for properties in View Road, Lyme Regis, DT7 it comes to around average £172,238 for 1 bedroom property, £244,898 for 2 bedroom, £366,320 for 3 bedroom, £551,302 for 4 bedroom and £634,983 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 £997 for 2 bedroom to £3,701 for 3 bedroom, £1,101 for 4 bedroom and £5,584 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £675. You should be generally be expecting around average £755 rent per month for 2 bedroom property, £3,700 for 3 bedroom, £1,101 for 4 bedroom and approximately £5,584 for 5 bedroom property in View Road, Lyme Regis, DT7 area.

Popular Houses in View Road, Lyme Regis, DT7

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 View Road, Lyme Regis, DT7