Yeovil

Area Guide For Yeovil

Yeovil is a town and civil parish in south Somerset, England. The parish has a population of 60,000, although the wider urban area had a population of 72,140. The town lies within the local district of South Somerset and the Yeovil parliamentary constituency,situated at the Southern Boundary of Somerset, 130 miles from London, 40 miles south of Bristol and 30 miles from Taunton. It has palaeolithic remains, was on an old Roman road and was recorded in the Domesday Book as the town of Givle, and later became a centre for the glove making industry. During the Middle Ages the population of the town suffered from the Black Death and several serious fires. In the 20th century it developed into a centre of the aircraft and defence industries, which made it a target for bombing in the Second World War, with one of the largest employers being AgustaWestland who manufacture helicopters. Several other manufacturing and retail companies also have bases in the town. In the 21st century Yeovil became the first town in Britain to institute a system of biometric fingerprint scanning in nightclubs and the first English council to ban the children's craze Heelys. Plans have

 
 

Yeovil Map

Estimated Price: £207,627
Average Asking Price: £274,209
Price change in last one year: £8,548
Average Price Paid: £183,063
Average Rent Rates: £761

 
 

Property Prices Breakdown in Yeovil

Average Price for property in Yeovil is around £207,627 which varies based on type of property you are interested in and ranges from £325,846 for detached house to around £186,337 for semi-detached. Similarly terraced house is around £152,809 and a flat is worth £107,109. Values have been changing and have risen £1,394 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,617 in last 6 months, £8,548 in last 1 year, £15,919 in last 2 years, £16,207 in last 3 years, £17,192 in last 4 years and £10,765 in last 5 years.

Currently average asking price of a property in Yeovil is around £274,209 based on approximately 804 properties for sale. Same is the case with rental options based on 79 properties up for rent, average asking rent is around £761 per month.

Estimated property value in Yeovil is £207,627. Average asking price is £274,209 while average price paid is £187,793 which is up by £8,548 and Avg. asking rent £761.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 Yeovil area. In last 1 year alone average price buyer paid is around £187,793 based on approximately 804 sales in Yeovil area alone. If you compare it to last 3 years sales of 2,512 properties where buyers paid around £182,539. 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 £183,063 for 4,196 and average amount paid for purchase of approx. 5,706 properties sold in last 7 years comes to about £180,901 per sale.

 
 

Properties For Sale in Yeovil

 
 

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 £80,325, £157,697 for a 2 bedroom house, £210,905 for a 3 bedroom house, £369,258 for a 4 bedroom house and £509,998 for a 5 bedroom house. For a flat similarly the prices varies from £82,447 for a single bedroom to £117,863 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £161,667. To sum up the asking prices for properties in Yeovil it comes to around average £82,083 for 1 bedroom property, £144,984 for 2 bedroom, £209,981 for 3 bedroom, £369,258 for 4 bedroom and £509,998 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 £442 for 1 bedroom to £631 for 2 bedroom, £729 for 3 bedroom and £1,113 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £404. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £638 and £624 for 3 bedroom. You should be generally be expecting around average £416 rent per month for single bedroom property, £636 for 2 bedroom, £725 for 3 bedroom and approximately £1,113 for 4 bedroom property in Yeovil area.

Popular Houses in Yeovil

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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