Winterhay Lane, Ilminster, TA19

Street Guide For Winterhay Lane, Ilminster, TA19

 

Winterhay Lane, Ilminster, TA19 Map

Estimated Price: £230,754
Average Asking Price: £290,160
Price change in last one year: £17,119
Average Price Paid: £184,600
Average Rent Rates: £908

 

Property Prices Breakdown in Winterhay Lane, Ilminster, TA19

Average Price for property in Winterhay Lane, Ilminster, TA19 is around £230,754 which varies based on type of property you are interested in and ranges from £321,578 for detached house to around £198,386 for semi-detached. Similarly terraced house is around £175,590 and a flat is worth £112,236. Values have been changing and have risen £1,340 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,969 in last 6 months, £17,119 in last 1 year, £17,151 in last 2 years, £22,411 in last 3 years, £25,133 in last 4 years and £27,366 in last 5 years.

Currently average asking price of a property in Winterhay Lane, Ilminster, TA19 is around £290,160 based on approximately 3 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £908 per month.

Estimated property value in Winterhay Lane, Ilminster, TA19 is £230,754. Average asking price is £290,160 while average price paid is £151,666 which is up by £17,119 and Avg. asking rent £908.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 Winterhay Lane, Ilminster, TA19 area. In last 1 year alone average price buyer paid is around £151,666 based on approximately 3 sales in Winterhay Lane, Ilminster, TA19 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £179,791. 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 £184,600 for 15 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £189,409 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 1 bedroom is around £142,633, £183,101 for a 2 bedroom house, £243,004 for a 3 bedroom house, £368,810 for a 4 bedroom house and £512,045 for a 5 bedroom house. For a flat the prices of 2 bedroom is £187,500. To sum up the asking prices for properties in Winterhay Lane, Ilminster, TA19 it comes to around average £142,633 for 1 bedroom property, £183,385 for 2 bedroom, £243,004 for 3 bedroom, £368,810 for 4 bedroom and £512,045 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 £459 for 1 bedroom to £813 for 3 bedroom, £1,286 for 4 bedroom and £899 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £451. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £567. You should be generally be expecting around average £457 rent per month for single bedroom property, £566 for 2 bedroom, £812 for 3 bedroom, £1,286 for 4 bedroom and approximately £899 for a 5 bedroom property in Winterhay Lane, Ilminster, TA19 area.

Popular Houses in Winterhay Lane, Ilminster, TA19

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 Winterhay Lane, Ilminster, TA19