With the current housing market still in the doldrums it’s always best to do your homework when considering buying your next home or your first property with the market currently struggling to sell homes and first time buyers wary of getting onto the property ladder due to job uncertainty and the ever present possibility of interest rate rises with rental or even the possibility of stopping with parents been considered.A little homework now could be very helpful and you do not always have to go running to the nearest Estate Agent to get advice on what the current trend of housing is in Stratford with respect to price,type,and affordability
So what factors should be taken into account when considering buying or selling your house in Stratford upon Avon with respect to location,price,type of house etc you can make a better and a informed decision by looking at the current housing prices in Stratford upon Avon and also look at what sort of properties have actually sold in the town and compare percentages and prices and see what the current trend is before you buy your house in Stratford upon Avon
Current House prices in Stratford upon Avon.
Currently there are a total of 298 homes for sale in Stratford upon Avon and the average price you can expect to pay for a house is £229,950 to about £286,421 for a Terraced or a Semi Detached type of house to about £466,518 for a Detached house.
These prices are approx and have been taken as an average of prices of houses in the town. If we begin with the lowest priced properties with respect to affordability we can see that there is a total of 114 houses that are priced between £100,000 to £200,000(we can also take Flats into consideration within this price range) which is the national average you can expect to pay for a house which can be a terraced or Semi to a Detached type (average price of a house in the UK is about £165,000).
This is the highest number of houses that are for sale at the moment in Stratford upon Avon and on the higher scale of affordability you have 120 properties for sale in the town with prices ranging from £200,000 to £400,000 for a luxury detached type of property and if we continue we can see that currently there are only 3 properties for sale that are priced over the £1,000,000 price range. These figures respectively change from day to day as properties get sold or for whatever reason or get taken off the property market.
What type of Property in Stratford upon Avon.
Now that we have ascertained what average price you can expect to pay for a house in Stratford upon Avon we need to look at what type of specific properties are for sale in the town with respect to flats,terraced,semi etc and the number of bedrooms that are available.
As for type of property currently there are 105 flats for sale in town this is the highest number of property type available the next highest are semi detached houses you might have expected terraced but surprisingly there are only 16 terraced houses but 50 semi detached properties for sale in the town.
There are also a good number of detached properties for sale 72 in total currently on the market in Stratford.
The number of bedrooms available with each type of property with respect to price and type are as follows if be begin with the highest we can see that there are 86 properties available with 2 bedrooms with an average price of £187,085 closely followed by 64 properties with 3 bedrooms at £268,938 you also have a good number of houses that are available with four bedrooms and five bedrooms with 43 four beds average price £406,506 and 20 five bedroom properties for sale in the town at £559,482.On the lower end of the scale which includes flats we can see that there are 49 properties for sale with only one bedroom in the town with an average price of about £129,688.
Once again these figures can be expected to change with properties either been sold or been taken off the current property market.
Finally whether you are looking to Sell your house in Stratford upon Avon or you are looking to buy its always good to know the current Asking prices for properties in Stratford upon Avon as we have already looked at average prices but what prices have sellers actually been asking for there respective type of property if you know these prices it’s a good starting point with respect to selling your house in Stratford upon Avon.
Current Asking Prices for Houses in Stratford upon Avon.
If we begin respectively with the lowest average asking price for a property by type we can see that currently sellers of flats in Stratford upon Avon are asking for a average price of about £185,992 this is a drastic reduction from the same time last year when sellers were asking for a average price of £220,199 a drop of 16% then if we take a look a Terraced properties we can see the average price is 224,570 but last year the asking price was averaging out at £235,090 once again a drop of 4% in the asking price.
But the trend towards falling asking prices changes as the property type and price goes up as we can see that this year the asking price for a Semi Detached property is £263,313 the average price last year was £254,995 an increase of 3% and the trend continues with Detached properties in Stratford with the current asking price for a Detached property averaging out at £453,364 last year the price would have averaged out at £450,386 an increase of 1% only a small difference but still an upward trend considering the property market has still not full recovered.
So an insight into the current property prices and types in Stratford upon Avon should put you in good stead when considering buying or selling your house in Stratford upon Avon.