Montacute

Area Guide For Montacute

Montacute is a little town and common ward in Somerset, England, 4 miles (6.4 km) west of Yeovil. The town has a populace of 831 (2011 evaluation). The name Montacute is thought by some to get from the Latin "Mons Acutus", alluding to the little yet truly intense slope overwhelming the town to the west. The town is fabricated pretty much totally of the nearby hamstone. From the fifteenth century until the start of the twentieth century it structured the heart of the home of the Phelips group of Montacute House. The town has a fine medieval church, and a previous Cluniac monastery, the gatehouse of which is presently a private house.

 
 

Montacute Map

Estimated Price: £299,598
Average Asking Price: £337,772
Price change in last one year: £21,773
Average Price Paid: £240,384
Average Rent Rates: --

 
 

Property Prices Breakdown in Montacute

Average Price for property in Montacute is around £299,598 which varies based on type of property you are interested in and ranges from £462,376 for detached house to around £248,631 for semi-detached. Similarly terraced house is around £240,909 and a flat is worth £114,201. Values have been changing and have risen £2,039 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,089 in last 6 months, £21,773 in last 1 year, £28,909 in last 2 years, £28,380 in last 3 years, £28,565 in last 4 years and £32,433 in last 5 years.

Currently average asking price of a property in Montacute is around £337,772 based on approximately 10 properties for sale.

Estimated property value in Montacute is £299,598. Average asking price is £337,772 while average price paid is £240,600 which is up by £21,773.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 Montacute area. In last 1 year alone average price buyer paid is around £240,600 based on approximately 10 sales in Montacute area alone. If you compare it to last 3 years sales of 30 properties where buyers paid around £260,582. 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 £240,384 for 49 and average amount paid for purchase of approx. 71 properties sold in last 7 years comes to about £243,616 per sale.

 
 

Properties For Sale in Montacute

 
 

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 2 bedroom is around £215,000, £256,658 for a 3 bedroom house and £650,000 for a 4 bedroom house. To sum up the asking prices for properties in Montacute it comes to around average £215,000 for 2 bedroom property, £256,658 for 3 bedroom and £650,000 for 4 bedroom.

Popular Houses in Montacute

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.

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