Wadebridge

Area Guide For Wadebridge

Wadebridge is a civil parish and town in north Cornwall, England, United Kingdom. The town straddles the River Camel 5 miles (8.0 km) upstream from Padstow. For many years Wadebridge was a traffic-congested town (through which the route of the A39 trunk road passed) but in 1993 the Wadebridge bypass was opened together with the Egloshayle bypass causing the two settlements to regain much of their former charm. The main shopping street in Wadebridge (Molesworth Street) has subsequently become pedestrianized through an inner link road, allowing traffic free shopping. The permanent population is 6222 (Census 2001). The main offices of the former North Cornwall District Council were at Trenant Road, Wadebridge. The initial settlement of Wade (the name of Wadebridge before the bridge was built) came about due to a ford in the River Camel (Camel probably meaning "crooked one"). The early crossing had two chapels either side of the river "Kings" chapel on the north side and "St Michael's" on the south side. People would pray for a safe crossing at one of the chapels before wading across at low tide, once they had made it the other side they would give thanks to God in

 
 

Wadebridge Map

Estimated Price: £354,981
Average Asking Price: £387,798
Price change in last one year: £15,148
Average Price Paid: £332,201
Average Rent Rates: £875

 
 

Property Prices Breakdown in Wadebridge

Average Price for property in Wadebridge is around £354,981 which varies based on type of property you are interested in and ranges from £474,649 for detached house to around £256,087 for semi-detached. Similarly terraced house is around £231,851 and a flat is worth £202,458. Values have been changing and have risen £870 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,615 in last 6 months, £15,148 in last 1 year, £37,336 in last 2 years, £40,314 in last 3 years, £25,905 in last 4 years and £38,999 in last 5 years.

Currently average asking price of a property in Wadebridge is around £387,798 based on approximately 185 properties for sale. Same is the case with rental options based on 26 properties up for rent, average asking rent is around £875 per month.

Estimated property value in Wadebridge is £354,981. Average asking price is £387,798 while average price paid is £291,404 which is up by £15,148 and Avg. asking rent £875.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 Wadebridge area. In last 1 year alone average price buyer paid is around £291,404 based on approximately 185 sales in Wadebridge area alone. If you compare it to last 3 years sales of 630 properties where buyers paid around £329,194. 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 £332,201 for 993 and average amount paid for purchase of approx. 1,371 properties sold in last 7 years comes to about £322,740 per sale.

 
 

Properties For Sale in Wadebridge

 
 

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 £194,125, £230,943 for a 2 bedroom house, £294,747 for a 3 bedroom house, £475,867 for a 4 bedroom house and £1,066,000 for a 5 bedroom house. For a flat similarly the prices varies from £112,704 for a single bedroom to £180,808 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £394,993. To sum up the asking prices for properties in Wadebridge it comes to around average £138,416 for 1 bedroom property, £220,200 for 2 bedroom, £308,506 for 3 bedroom, £475,867 for 4 bedroom and £1,066,000 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 can vary from £676 for 2 bedroom to £801 for 3 bedroom, £1,220 for 4 bedroom and £1,499 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £494. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £720 and £1,049 for 3 bedroom. You should be generally be expecting around average £494 rent per month for single bedroom property, £713 for 2 bedroom, £820 for 3 bedroom, £1,220 for 4 bedroom and approximately £1,499 for a 5 bedroom property in Wadebridge area.

Popular Houses in Wadebridge

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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