Wyke Road, Weymouth, DT4

Street Guide For Wyke Road, Weymouth, DT4

 

Wyke Road, Weymouth, DT4 Map

Estimated Price: £411,926
Average Asking Price: £209,035
Price change in last one year: £33,179
Average Price Paid: £385,088
Average Rent Rates: £778

 

Property Prices Breakdown in Wyke Road, Weymouth, DT4

Average Price for property in Wyke Road, Weymouth, DT4 is around £411,926 which varies based on type of property you are interested in and ranges from £538,138 for detached house to around £320,516 for semi-detached. Similarly terraced house is around £338,656 and a flat is worth £160,706. Values have been changing and have risen £5,611 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,428 in last 6 months, £33,179 in last 1 year, £43,216 in last 2 years, £46,376 in last 3 years, £43,479 in last 4 years and £38,327 in last 5 years.

Currently average asking price of a property in Wyke Road, Weymouth, DT4 is around £209,035 based on approximately 4 properties for sale. Same is the case with rental options based on 41 properties up for rent, average asking rent is around £778 per month.

Estimated property value in Wyke Road, Weymouth, DT4 is £411,926. Average asking price is £209,035 while average price paid is £351,500 which is up by £33,179 and Avg. asking rent £778.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 Wyke Road, Weymouth, DT4 area. In last 1 year alone average price buyer paid is around £351,500 based on approximately 4 sales in Wyke Road, Weymouth, DT4 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £384,303. 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 £385,088 for 22 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £389,478 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 £98,875, £172,253 for a 2 bedroom house, £222,900 for a 3 bedroom house, £307,346 for a 4 bedroom house and £333,027 for a 5 bedroom house. For a flat similarly the prices varies from £118,263 for a single bedroom to £175,159 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £209,167 and £242,500 for a 4 bedroom flat. To sum up the asking prices for properties in Wyke Road, Weymouth, DT4 it comes to around average £116,991 for 1 bedroom property, £174,418 for 2 bedroom, £222,457 for 3 bedroom, £304,399 for 4 bedroom and £333,027 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 £687 for 2 bedroom, £1,001 for 3 bedroom and £923 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £417. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £731. You should be generally be expecting around average £434 rent per month for single bedroom property, £727 for 2 bedroom, £1,001 for 3 bedroom and approximately £923 for 4 bedroom property in Wyke Road, Weymouth, DT4 area.

Popular Houses in Wyke Road, Weymouth, DT4

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 Wyke Road, Weymouth, DT4