Average Price for property in Bay Lane, Draycott, Cheddar, BS27 is around £377,757 which varies based on type of property you are interested in and ranges from £398,898 for detached house to around £351,230 for semi-detached. Similarly terraced house is around £288,200. Values have been changing and have risen £953 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,142 in last 6 months, £26,499 in last 1 year, £43,249 in last 2 years, £50,946 in last 3 years, £52,778 in last 4 years and £52,323 in last 5 years.
Currently average asking price of a property in Bay Lane, Draycott, Cheddar, BS27 is around £297,751 based on approximately 2 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £1,715 per month.
Estimated property value in Bay Lane, Draycott, Cheddar, BS27 is £377,757. Average asking price is £297,751 while average price paid is £286,000 which is up by £26,499 and Avg. asking rent £1,715.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 Bay Lane, Draycott, Cheddar, BS27 area. In last 1 year alone average price buyer paid is around £286,000 based on approximately 2 sales in Bay Lane, Draycott, Cheddar, BS27 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £344,666. 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 £338,800 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £306,992 per sale.