Values have been changing and have risen £345 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,344 in last 6 months, £10,572 in last 1 year, £13,074 in last 2 years, £16,433 in last 3 years, £17,354 in last 4 years and £17,631 in last 5 years.
Currently average asking price of a property in Barley Close, Wells, BA5 is around £376,820 based on approximately 3 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £1,478 per month.
Estimated property value in Barley Close, Wells, BA5 is £148,303. Average asking price is £376,820 while average price paid is £162,666 which is up by £10,572 and Avg. asking rent £1,478.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 Barley Close, Wells, BA5 area. In last 1 year alone average price buyer paid is around £162,666 based on approximately 3 sales in Barley Close, Wells, BA5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £159,250. 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 £152,800 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £153,428 per sale.