Gunnislake

Area Guide For Gunnislake

Gunnislake is a large village in east Cornwall, United Kingdom. It is situated in the Tamar Valley approximately ten miles (16 km) north of Plymouth Gunnislake is in the civil parish of Calstock and is close to Cornwall's border with Devon which follows the course of the River Tamar. The village has a history of mining although this industry is no longer active in the area. During the mining boom in Victorian times more than 7000 people were employed in the mines of the Tamar Valley. During this period Gunnislake was held in equal standing amongst the richest mining areas in Europe. Gunnislake's development was primarily due to the dramatic increase in mining and industrial activity in the nineteenth century. Mining provided around 7000 jobs at its peak in 1862. Most mining activity ceased in the late nineteenth century which has bequeathed interest for archaeologists and students of industrial heritage. As well as mining, other industry such as brickworks and quarries were present. Nearby, locations such as Kit Hill, Morwellham Quay, Cotehele and Calstock were mined and quarried and the Tamar was used for transporting the raw material obtained from the works.

 
 

Gunnislake Map

Estimated Price: £239,035
Average Asking Price: £242,938
Price change in last one year: £14,119
Average Price Paid: £195,996
Average Rent Rates: £514

 
 

Property Prices Breakdown in Gunnislake

Average Price for property in Gunnislake is around £239,035 which varies based on type of property you are interested in and ranges from £326,299 for detached house to around £199,773 for semi-detached. Similarly terraced house is around £161,121 and a flat is worth £254,236. Values have been changing and have risen £1,895 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,672 in last 6 months, £14,119 in last 1 year, £24,686 in last 2 years, £29,529 in last 3 years, £23,069 in last 4 years and £22,656 in last 5 years.

Currently average asking price of a property in Gunnislake is around £242,938 based on approximately 56 properties for sale. Same is the case with rental options based on 2 properties up for rent, average asking rent is around £514 per month.

Estimated property value in Gunnislake is £239,035. Average asking price is £242,938 while average price paid is £203,731 which is up by £14,119 and Avg. asking rent £514.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 Gunnislake area. In last 1 year alone average price buyer paid is around £203,731 based on approximately 56 sales in Gunnislake area alone. If you compare it to last 3 years sales of 167 properties where buyers paid around £196,268. 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 £195,996 for 251 and average amount paid for purchase of approx. 324 properties sold in last 7 years comes to about £199,896 per sale.

 
 

Properties For Sale in Gunnislake

 
 

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 £95,000, £163,112 for a 2 bedroom house, £230,350 for a 3 bedroom house and £303,745 for a 4 bedroom house. For a flat the prices of single bedroom is £107,000. To sum up the asking prices for properties in Gunnislake it comes to around average £101,000 for 1 bedroom property, £163,112 for 2 bedroom, £230,350 for 3 bedroom and £303,745 for 4 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 £451 for 1 bedroom to £576 for 2 bedroom. You should be generally be expecting around average £451 rent per month for single bedroom property and approximately £576 for 2 bedroom property in Gunnislake area.

Popular Houses in Gunnislake

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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