Under offer · listed 10 days ago

255,000 marka

2 bd1 ba72 m²

43 Market Street, Vellmar Reedside

6,000 marka (2.3%) below the Heimstatt estimate of 261,000 marka · 3,541 marka/m²

  • flatType
  • 1816Built
  • 3,541Marka per m²
  • 10 daysOn Heimstatt

About this home

A flat of 72 m² on Market Street, Vellmar, with 2 bedrooms and the plan it was built with in 1816. The flat has windows to the street and to the yard, a kitchen with a gas meter read by the town, and a cellar compartment with its own padlock. The ministries are close enough to walk to. Deliveries come in the morning, and the street is quiet after seven. An offer has been accepted, subject to survey. The agent will keep a list of names in case it falls through.

Facts and features

Address
43 Market Street, Vellmar
District
Reedside
Region
The Capital District
Type
flat
Floor area
72 m²
Bedrooms
2
Built
1816, 210 years ago
Owner
Private · Land register extract
Title number
LR-100-00524
Sales recorded
1

Value

Heimstatt estimate261,000 markaRange 245,000 marka – 276,000 marka · 3,625 marka/m²
Average on Market Street333,000 marka47 homes · see the street
073,000146,000219,000292,000 197019801990200020102020
Estimate carried back on the national price index since 1960 Recorded sales Today

Estimates are worked from the recorded sales on Market Street, the floor area and the national price index. They are not a valuation and cannot be relied on for a mortgage.

Price and tax history

Price history

DatePricePer m²ChangeBuyer
7 December 18363,214 marka44—Before the present register

Council rate history

YearCouncil rateAssessed value
2025913 marka261,000 marka
2024897 marka256,000 marka
2023873 marka249,000 marka
2022850 marka242,000 marka
2021836 marka238,000 marka
2020831 marka237,000 marka

The council rate is levied at 0.35 per cent of the value assessed each December on the national price index.

Mortgage repayments

Monthly repayments on a loan of 204,000 marka (80 per cent of 255,000 marka, with a deposit of 51,000 marka), at the bank rate of 4.03% plus the lender's margin.

Rate20 years25 years30 years
Fixed, five years 4.93%1,338 marka1,184 marka1,086 marka
Tracker 5.63%1,418 marka1,268 marka1,174 marka
Standard variable 6.43%1,512 marka1,368 marka1,280 marka

Illustrative only. Lenders are regulated by the national bank and set their own margins.

Repayment calculator

Each month—
Loan—
Interest over the term—
Cash needed to buy—

The rate starts at the bank rate of 3.86% plus a tracker margin of 1.6 points. Cash needed is the deposit plus the costs below.

Costs of buying

Transfer duty none to 137,000, 2% to 329,000, 4% to 659,000, 6% above2,360 marka
Land register fee 0.2%510 marka
Notary's fee 0.5%1,275 marka
Total on top of the price4,145 marka

Duty bands for 2026, uprated each January on the national price index. The agent's commission is paid by the seller.

Local area

Market Street, Vellmar

Getting about

  • Rail R11 to Eisenheim24 min · every 60 min · 6 marka · Schwartzistan State Railways
  • Rail R1 to Lindenmar53 min · every 60 min · 12 marka · Schwartzistan State Railways
  • Rail R2 to Hagenkirchen58 min · every 30 min · 13 marka · Schwartzistan State Railways
  • Rail R6 to Weinau60 min · every 30 min · 14 marka · Schwartzistan State Railways
  • Rail R5 to Dammsee79 min · every 30 min · 18 marka · Schwartzistan State Railways
  • Tram 2 to The Ministry Quarter21 min · every 6 min · 3 marka · Vellmar Transport Authority
  • Tram 4 to Cathedral Close27 min · every 8 min · 3 marka · Vellmar Transport Authority
  • Bus 108 to Hollau24 min · every 90 min · 3 marka · Capital District Omnibus Company

Schools

46 schools opened in Vellmar under the Ministry of Education's programme, the first in 1834 and the most recent in 2025.

Places to eat