Walsingham

Area Guide For Walsingham

Walsingham is a town in the English province of Norfolk. The town is renowned worldwide for its religious hallowed places to pay tribute to the Virgin Mary and as a real journey focus. It additionally contains the vestiges of two medieval devout houses.

The common area, which incorporates the two Walsinghams, together with the eliminated medieval town of Egmere, has a territory of 18.98 km² and in the 2001 evaluation had a populace of 864 in 397 family units. For the reasons of neighbourhood government the ward falls inside the region of North Norfolk.

 
 

Walsingham Map

Estimated Price: £300,927
Average Asking Price: £206,244
Price change in last one year: £23,643
Average Price Paid: £258,496
Average Rent Rates: £550

 
 

Property Prices Breakdown in Walsingham

Average Price for property in Walsingham is around £300,927 which varies based on type of property you are interested in and ranges from £366,598 for detached house to around £230,345 for semi-detached. Similarly terraced house is around £274,816 and a flat is worth £427,691. Values have been changing and have risen £1,487 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,391 in last 6 months, £23,643 in last 1 year, £33,060 in last 2 years, £43,246 in last 3 years, £41,535 in last 4 years and £37,044 in last 5 years.

Currently average asking price of a property in Walsingham is around £206,244 based on approximately 10 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £550 per month.

Estimated property value in Walsingham is £300,927. Average asking price is £206,244 while average price paid is £253,684 which is up by £23,643 and Avg. asking rent £550.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 Walsingham area. In last 1 year alone average price buyer paid is around £253,684 based on approximately 10 sales in Walsingham area alone. If you compare it to last 3 years sales of 35 properties where buyers paid around £238,137. 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 £258,496 for 71 and average amount paid for purchase of approx. 97 properties sold in last 7 years comes to about £257,234 per sale.

 
 

Properties For Sale in Walsingham

 
 

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 £125,000 and £217,850 for a 3 bedroom house. To sum up the asking prices for properties in Walsingham it comes to around average £125,000 for 2 bedroom property and £217,850 for 3 bedroom.

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 £550 for 2 bedroom. You should be generally be expecting around average £550 rent per month for 2 bedroom property in Walsingham area.

Popular Houses in Walsingham

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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