Average Price for property in Back Lane, Batcombe, Shepton Mallet, BA4 is around £448,516 e.g. average price for detached house is around 448,516. Values have been changing and have risen £1,398 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £349 in last 6 months, £30,211 in last 1 year, £38,912 in last 2 years, £47,947 in last 3 years, £46,696 in last 4 years and £42,964 in last 5 years.
Currently average asking price of a property in Back Lane, Batcombe, Shepton Mallet, BA4 is around £338,542 based on approximately 1 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £1,537 per month.
Estimated property value in Back Lane, Batcombe, Shepton Mallet, BA4 is £448,516. Average asking price is £338,542 while average price paid is £430,000 which is up by £30,211 and Avg. asking rent £1,537.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 Back Lane, Batcombe, Shepton Mallet, BA4 area. In last 1 year alone average price buyer paid is around £430,000 based on approximately 1 sales in Back Lane, Batcombe, Shepton Mallet, BA4 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £415,000. 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 £415,000 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £415,000 per sale.