North Somerset

Area Guide For North Somerset

North Somerset is a unitary authority area in England. North Somerset warms up to a diversity of housing in the towns and villages including luxury apartments, townhouses, Victorian and modern style of living.  The location offers excellent transport links with motorway access, high speed Intercity and local commuter trains, Bristol Airport and Royal Portbury Docks.

 
 

North Somerset Map

Estimated Price: £220,037
Average Asking Price: £265,193
Price change in last one year: £18,893
Average Price Paid: £190,934
Average Rent Rates: £4,673

 
 

Property Prices Breakdown in North Somerset

Average Price for property in North Somerset is around £220,037 which varies based on type of property you are interested in and ranges from £320,470 for detached house to around £210,398 for semi-detached. Similarly terraced house is around £174,577 and a flat is worth £146,720. Values have been changing and have risen £1,419 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,242 in last 6 months, £18,893 in last 1 year, £25,058 in last 2 years, £24,745 in last 3 years, £20,192 in last 4 years and £26,355 in last 5 years.

Currently average asking price of a property in North Somerset is around £265,193 based on approximately 2,062 properties for sale. Same is the case with rental options based on 196 properties up for rent, average asking rent is around £4,673 per month.

Estimated property value in North Somerset is £220,037. Average asking price is £265,193 while average price paid is £199,358 which is up by £18,893 and Avg. asking rent £4,673.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 North Somerset area. In last 1 year alone average price buyer paid is around £199,358 based on approximately 2,062 sales in North Somerset area alone. If you compare it to last 3 years sales of 5,945 properties where buyers paid around £192,918. 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 £190,934 for 9,491 and average amount paid for purchase of approx. 12,580 properties sold in last 7 years comes to about £189,329 per sale.

 
 

Properties For Sale in North 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 £93,411, £168,470 for a 2 bedroom house, £214,510 for a 3 bedroom house, £341,808 for a 4 bedroom house and £530,857 for a 5 bedroom house. For a flat similarly the prices varies from £103,139 for a single bedroom to £149,343 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £167,252 and £182,475 for a 4 bedroom flat. To sum up the asking prices for properties in North Somerset it comes to around average £101,076 for 1 bedroom property, £158,043 for 2 bedroom, £209,908 for 3 bedroom, £340,332 for 4 bedroom and £530,857 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 £537 for 1 bedroom to £660 for 2 bedrooms, £866 for 3 bedrooms, £1,172 for 4 bedrooms and £1,499 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £494. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £599 and £684 for 3 bedroom. You should be generally be expecting around average £499 rent per month for single bedroom property, £624 for 2 bedroom, £816 for 3 bedroom, £1,172 for 4 bedroom and approximately £1,499 for a 5 bedroom property in North Somerset area.

Popular Houses in North 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 North Somerset

Areas in and around North Somerset