Weymouth

Area Guide For Weymouth

 
 

Weymouth Map

Estimated Price: £245,005
Average Asking Price: £240,731
Price change in last one year: £16,552
Average Price Paid: £216,039
Average Rent Rates: £829

 
 

Property Prices Breakdown in Weymouth

Average Price for property in Weymouth is around £245,005 which varies based on type of property you are interested in and ranges from £343,515 for detached house to around £242,491 for semi-detached. Similarly terraced house is around £199,375 and a flat is worth £172,378. Values have been changing and have risen £2,973 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,359 in last 6 months, £16,552 in last 1 year, £26,235 in last 2 years, £27,125 in last 3 years, £23,546 in last 4 years and £29,693 in last 5 years.

Currently average asking price of a property in Weymouth is around £240,731 based on approximately 996 properties for sale. Same is the case with rental options based on 62 properties up for rent, average asking rent is around £829 per month.

Estimated property value in Weymouth is £245,005. Average asking price is £240,731 while average price paid is £220,433 which is up by £16,552 and Avg. asking rent £829.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 Weymouth area. In last 1 year alone average price buyer paid is around £220,433 based on approximately 996 sales in Weymouth area alone. If you compare it to last 3 years sales of 2,841 properties where buyers paid around £217,069. 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 £216,039 for 4,489 and average amount paid for purchase of approx. 6,114 properties sold in last 7 years comes to about £214,322 per sale.

 
 

Properties For Sale in Weymouth

 
 

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 £119,536, £181,819 for a 2 bedroom house, £238,918 for a 3 bedroom house, £357,118 for a 4 bedroom house and £430,189 for a 5 bedroom house. For a flat similarly the prices varies from £117,696 for a single bedroom to £177,297 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £238,125 and £242,500 for a 4 bedroom flat. To sum up the asking prices for properties in Weymouth it comes to around average £117,969 for 1 bedroom property, £178,712 for 2 bedroom, £238,897 for 3 bedroom, £354,513 for 4 bedroom and £430,189 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 £572 for 1 bedroom to £708 for 2 bedroom, £910 for 3 bedroom and £1,323 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £438. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £745. You should be generally be expecting around average £453 rent per month for single bedroom property, £737 for 2 bedroom, £910 for 3 bedroom and approximately £1,323 for 4 bedroom property in Weymouth area.

Popular Houses in Weymouth

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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