Figures provided by Zoopla suggest that the average value of property in Weymouth, as of January 2018, stands at £279,635. The average price paid for property in Weymouth, in the past 12 months, stands at £249,817. The average price paid for property is of interest, but given the different types of property on offer in Weymouth, it doesn’t always tell the full story. The breakdown of Weymouth property prices can be seen as follows:
- Flats: £165,057
- Terraced properties: £206,574
- Semi-detached properties: £258,968
- Detached properties: £358,488
The variety of prices paid for property in Weymouth suggests that there is something for different buyers, which can only be a good thing for the local property market.
Many factors impact on property prices
There are many different factors that impact on property prices and the demand for property. It can be helpful to know what these factors are, and how they impact and engage the property market. At Austin Property Services, we examine these issues so you don’t have to, but if you are looking for information about the local area, we are always happy to help.
With this in mind, it is worth noting that transport solutions and options impact on the property market. This stands to reason because if an area is well connected, more people are likely to hold an interest in the area.
It would be air to say that Weymouth Railway Station is the main transport link in the local area, and it is a terminus for a rote that travels to London Waterloo station. The station also provides connections to Westbury and Bristol.
There are two services an hour heading towards London Waterloo via Basingstoke, and the standard journey time is 2 hours and 46 minutes or 3 hours. This is slightly too long to be comfortable for a commute to and from the capital, but it does mean that anyone heading into London for a special occasion has a dependable connection. There are services every two hours to Bristol Temple Meads, with some journeys being completed in less than two and a half hours.
Weymouth is a seaside resort with good connections
As a seaside resort, it is not as though Weymouth is billed as an area to live while working elsewhere, there is a local economy that supports local residents. However, it is pleasing to know that there are reliable connections to major areas, which is good for local residents and businesses.
Main roads in the area include the A354, the A353 and the B3157, with these roads connecting to the A35 and the A352. The A354 is the main connection to the trunk road of Dorchester, which terminates on the Isle of Portland while the A353 heads from the east of Weymouth eventually connecting to Wareham and the Isle of Purbeck.
Knowing that there is a strong level of connectivity increases demand for property in Weymouth, and if you are looking to make a move in or around the area, get in touch with Austin Property Services.