Warren Lane, Torrington, EX38

Street Guide For Warren Lane, Torrington, EX38

 

Warren Lane, Torrington, EX38 Map

Estimated Price: £361,361
Average Asking Price: £291,061
Price change in last one year: £23,247
Average Price Paid: £272,500
Average Rent Rates: £579

 

Property Prices Breakdown in Warren Lane, Torrington, EX38

Average Price for property in Warren Lane, Torrington, EX38 is around £361,361 which varies based on type of property you are interested in and ranges from £357,797 for detached house to around £546,855 for semi-detached. Similarly terraced house is around £326,836 and a flat is worth £60,532. Values have been changing and have risen £1,982 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,284 in last 6 months, £23,247 in last 1 year, £32,445 in last 2 years, £33,781 in last 3 years, £31,487 in last 4 years and £33,030 in last 5 years.

Currently average asking price of a property in Warren Lane, Torrington, EX38 is around £291,061 based on approximately 0 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £579 per month.

Estimated property value in Warren Lane, Torrington, EX38 is £361,361. Average asking price is £291,061 while average price paid is £272,500 which is up by £33,781 and Avg. asking rent £579.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 Warren Lane, Torrington, EX38 area. In last 3 years alone average price buyer paid is around £272,500 based on approximately 2 sales in Warren Lane, Torrington, EX38 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £272,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £272,500 for 2 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 £182,988, £216,831 for a 3 bedroom house, £303,400 for a 4 bedroom house and £426,960 for a 5 bedroom house. To sum up the asking prices for properties in Warren Lane, Torrington, EX38 it comes to around average £182,988 for 2 bedroom property, £216,831 for 3 bedroom, £303,400 for 4 bedroom and £426,960 for 5 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 can vary from £517 for 2 bedroom to £602 for 3 bedroom, £858 for 4 bedroom and £659 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £432. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £451 and £594 for 3 bedroom. You should be generally be expecting around average £432 rent per month for single bedroom property, £498 for 2 bedroom, £601 for 3 bedroom, £858 for 4 bedroom and approximately £658 for a 5 bedroom property in Warren Lane, Torrington, EX38 area.

Popular Houses in Warren Lane, Torrington, EX38

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 Warren Lane, Torrington, EX38