Whether you plan on moving soon or not, it makes sense to stay in touch with local and relevant house prices. If you don’t intend moving home, it is helpful to know how prices are advancing, especially if you own property. If you plan on moving soon, you need to know what is happening in the market, as this helps you make an informed decision.
“Each property is unique, and its value depends on many factors,” said Thomas Morris Ramsey Branch Manager Joe Rattue. “However, if you are looking to explore a market or you need guidance in setting parameters in your property search, average prices are hugely informative and well worth knowing.”
According to figures provided by Zoopla, in the past 12 months, the average price paid for a property in Ramsey is £214,549. This is the figure accrued over 81 sales, while the site lists the current average value of Ramsey property as £243,042.
If you are only looking for general information about the Ramsey property market, this is likely to be enough information for you. However, if you are looking to make a move, you need to have more pertinent information. If you plan on selling a flat, the price of detached properties isn’t relevant to your aims and ambitions.
Stay in touch with Ramsey property prices
The average price paid for flats in Ramsey, in the past 12 months is £117,250, and for terraced properties, the average price paid is £140,083. Semi-detached properties hold an average price of £215,615 and for detached properties, the average price paid in the past 12 months stands at £313,760.
A guide of the properties available on the market in Ramsey is available in the number of sales of each property types, according to Zoopla figures, shown below:
- Number of flats sold in Ramsey in the past 12 months: 12
- Number of terraced properties sold in Ramsey in the past 12 months: 18
- Number of semi-detached properties sold in Ramsey in the past 12 months: 26
- Number of detached properties sold in Ramsey in the past 12 months: 25
Information provided by Zoopla is informative, and up to date, but it doesn’t cover the whole market. However, if you are looking to develop an understanding of what has happened in the Ramsey property market in the past 12 months, it is useful information. If you are selling your home, be aware we offer an instant valuation tool, and we can arrange a proper valuation for your property.
Keep up to date with asking prices
An area of the market you should keep in touch with is asking prices. This is information buyers, and vendors should be aware of, and we are more than happy to keep you fully informed on these matters.
The average asking price for one-bedroom properties in Ramsey is £96,250 while for two-bedroom properties, it is £170,434. For three-bedroom properties, the average asking price is £261,075, and for four-bedroom properties, the average asking price is £336,761. Anyone with interest in five-bedroom properties in Ramsey will find the average asking price is £513,125.
Selling your home is stressful, but with the right support, you can make the process easier. Book a valuation at a time that is of suitable to you or alternatively; you can phone our Ramsey branch, managed by Joe Rattue by calling us on 01487 814666.