Average Price for property in Minehead is around £264,712 which varies based on type of property you are interested in and ranges from £380,885 for detached house to around £241,064 for semi-detached. Similarly terraced house is around £190,819 and a flat is worth £160,881. Values have been changing and have risen £3,456 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,455 in last 6 months, £31,866 in last 1 year, £33,974 in last 2 years, £31,416 in last 3 years, £37,420 in last 4 years and £31,120 in last 5 years.
Currently average asking price of a property in Minehead is around £257,376 based on approximately 330 properties for sale. Same is the case with rental options based on 48 properties up for rent, average asking rent is around £708 per month.
Estimated property value in Minehead is £264,712. Average asking price is £257,376 while average price paid is £223,756 which is up by £31,866 and Avg. asking rent £708.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 Minehead area. In last 1 year alone average price buyer paid is around £223,756 based on approximately 330 sales in Minehead area alone. If you compare it to last 3 years sales of 887 properties where buyers paid around £216,885. 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 £220,075 for 1,484 and average amount paid for purchase of approx. 1,987 properties sold in last 7 years comes to about £223,752 per sale.