Average Price for property in Bath Road, Wells, BA5 is around £293,711 which varies based on type of property you are interested in and ranges from £343,466 for detached house to around £289,675 for semi-detached. Similarly terraced house is around £240,536 and a flat is worth £152,271. Values have been changing and have risen £682 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,637 in last 6 months, £20,930 in last 1 year, £25,877 in last 2 years, £32,527 in last 3 years, £34,346 in last 4 years and £34,890 in last 5 years.
Currently average asking price of a property in Bath Road, Wells, BA5 is around £376,820 based on approximately 10 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £1,478 per month.
Estimated property value in Bath Road, Wells, BA5 is £293,711. Average asking price is £376,820 while average price paid is £248,600 which is up by £20,930 and Avg. asking rent £1,478.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 Road, Wells, BA5 area. In last 1 year alone average price buyer paid is around £248,600 based on approximately 10 sales in Bath Road, Wells, BA5 area alone. If you compare it to last 3 years sales of 24 properties where buyers paid around £288,060. 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 £265,241 for 37 and average amount paid for purchase of approx. 46 properties sold in last 7 years comes to about £259,314 per sale.