I was wondering if there is a resource to find out what the average value per square metre is in a given area/post code.
The reason I ask is that I have looked at a potential project in the Charente Maritime, it is a fixer-upper of epic scale. I have watched this property over the last couple of years and it has gone from 250,000 euro to its current asking price of 190,000 - which leads me to ask what is the 'real' price of this property.
Any thoughts much appreciated.
Thanks Steve, I will have a look through it. The spread sheet is a good idea.
Hi Neil, Thanks for that I put the info in and did did give me quite a possible range, but at least I know roughly where the goal posts are now.
THere is a rough guide by Dépt here http://www.latribune.fr/vos-finances/immobilier/transaction/20110202trib000598128/immobilier-en-france-les-prix-region-par-region-les-tendances-2011.html
When I did a similar exercise a whie back, I just went through the ads for (finished) properties and entered the numbers into an Excel spreadsheet and took the average
Try this http://www.paruvendu.fr/pa/prix-immobilier-prix-m2-estimation-gratuite-bien-immobilier .
I just did and it seems ok. You have to fill in some info (obviously) and I did not add my email addres etc on last section but it still works.
There are other sites but this was first I came up with.