Woolacombe

Area Guide For Woolacombe

Woolacombe is a shoreline resort on the bank of North Devon, England, which lies at the mouth of a valley (or 'combe') in the area of Mortehoe. The shoreline is 3 miles (4.8 km) long, sandy, delicately slanting and appearances the Atlantic Ocean close to the western furthest reaches of the Bristol Channel. It is a prevalent end of the line for surfing and family occasions and is a piece of the North Devon Coast Area of Outstanding Natural Beauty. The shoreline has been possessed and run by Parkin Estates Ltd for over a large portion of a century and has through the years ceaselessly been perceived as one of the best shorelines in Europe. It won the title of "England's Best Beach" in the "Coast Magazine Awards 2012". The shoreline water quality is checked routinely by nature org and meets its most noteworthy principles. The principle approach to get to Woolacombe is by street. Amid the late spring the streets, which are generally exceptionally rustic and very restricted, can get to be extremely congested as individuals line up to get into one of the two expansive auto parks which are arranged near to the shoreline.

 
 

Woolacombe Map

Estimated Price: £355,648
Average Asking Price: £434,550
Price change in last one year: £20,608
Average Price Paid: £330,693
Average Rent Rates: £823

 
 

Property Prices Breakdown in Woolacombe

Average Price for property in Woolacombe is around £355,648 which varies based on type of property you are interested in and ranges from £339,404 for detached house to around £233,868 for semi-detached. Similarly terraced house is around £182,448 and a flat is worth £184,499. Values have been changing and have risen £3,746 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,587 in last 6 months, £20,608 in last 1 year, £31,575 in last 2 years, £23,988 in last 3 years, £25,643 in last 4 years and £24,793 in last 5 years.

Currently average asking price of a property in Woolacombe is around £434,550 based on approximately 25 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £823 per month.

Estimated property value in Woolacombe is £355,648. Average asking price is £434,550 while average price paid is £330,036 which is up by £20,608 and Avg. asking rent £823.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 Woolacombe area. In last 1 year alone average price buyer paid is around £330,036 based on approximately 25 sales in Woolacombe area alone. If you compare it to last 3 years sales of 87 properties where buyers paid around £331,048. 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 £330,693 for 155 and average amount paid for purchase of approx. 230 properties sold in last 7 years comes to about £334,427 per sale.

 
 

Properties For Sale in Woolacombe

 
 

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 £95,000, £372,475 for a 3 bedroom house, £464,983 for a 4 bedroom house and £661,658 for a 5 bedroom house. For a flat similarly the prices varies from £322,980 for a 2 bedroom to £394,975 for a 3 bedroom Flat. To sum up the asking prices for properties in Woolacombe it comes to around average £284,983 for 2 bedroom property, £387,475 for 3 bedroom, £464,983 for 4 bedroom and £661,658 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 £975 for 2 bedroom to £823 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £672. You should be generally be expecting around average £672 rent per month for single bedroom property, £975 for 2 bedroom and approximately £823 for 3 bedroom property in Woolacombe area.

Popular Houses in Woolacombe

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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