Bath & N E Somerset

Area Guide For Bath & N E Somerset

Bath is a city in Somerset, South West England. An independent, creative and unique city known as the only place in the UK where you can bathe in natural hot spa water. Bath became a World Heritage Site in 1987. With incredible life buzzing through the city center, theatre performances, museums and other cultural and sporting venues have helped support Bath become major center for tourism with over one million visitors each year.


Bath & N E Somerset Map

Estimated Price: £375,403
Average Asking Price: £529,077
Price change in last one year: £23,061
Average Price Paid: £308,209
Average Rent Rates: £1,395


Property Prices Breakdown in Bath & N E Somerset

Average Price for property in Bath & N E Somerset is around £375,403 which varies based on type of property you are interested in and ranges from £550,552 for detached house to around £341,530 for semi-detached. Similarly terraced house is around £323,734 and a flat is worth £270,318. Values have been changing and have risen £1,573 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £894 in last 6 months, £23,061 in last 1 year, £42,211 in last 2 years, £40,891 in last 3 years, £48,039 in last 4 years and £54,451 in last 5 years.

Currently average asking price of a property in Bath & N E Somerset is around £529,077 based on approximately 2,294 properties for sale. Same is the case with rental options based on 458 properties up for rent, average asking rent is around £1,395 per month.

Estimated property value in Bath & N E Somerset is £375,403. Average asking price is £529,077 while average price paid is £329,664 which is up by £23,061 and Avg. asking rent £1,395.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 Bath & N E Somerset area. In last 1 year alone average price buyer paid is around £329,664 based on approximately 2,294 sales in Bath & N E Somerset area alone. If you compare it to last 3 years sales of 6,727 properties where buyers paid around £316,610. 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 £308,209 for 10,624 and average amount paid for purchase of approx. 13,909 properties sold in last 7 years comes to about £298,575 per sale.


Properties For Sale in Bath & N E Somerset


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 £201,500, £288,115 for a 2 bedroom house, £349,547 for a 3 bedroom house, £578,689 for a 4 bedroom house and £1,112,998 for a 5 bedroom house. For a flat similarly the prices varies from £201,758 for a single bedroom to £331,456 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £717,495 and £385,000 for a 4 bedroom flat. To sum up the asking prices for properties in Bath & N E Somerset it comes to around average £201,711 for 1 bedroom property, £311,755 for 2 bedroom, £394,973 for 3 bedroom, £575,980 for 4 bedroom and £1,112,998 for a 5 bedroom property.

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 £801 for 1 bedroom to £979 for 2 bedrooms, £1,146 for 3 bedrooms, £1,471 for 4 bedrooms and £1,776 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £771. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,036, £1,311 for 3 bedroom, £1,409 for 4 bedroom and around £1,924 for 5 bedroom flat. You should be generally be expecting around average £774 rent per month for single bedroom property, £1,020 for 2 bedroom, £1,188 for 3 bedroom, £1,467 for 4 bedroom and approximately £1,785 for a 5 bedroom property in Bath & N E Somerset area.

Popular Houses in Bath & N E Somerset

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.

Sold Properties in Bath & N E Somerset

Areas in and around Bath & N E Somerset