Average Price for property in Wedmore is around £485,856 which varies based on type of property you are interested in and ranges from £543,793 for detached house to around £325,882 for semi-detached. Similarly terraced house is around £294,167 and a flat is worth £277,747. Values have been changing and have risen £3,245 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,606 in last 6 months, £41,657 in last 1 year, £60,635 in last 2 years, £64,534 in last 3 years, £61,245 in last 4 years and £65,344 in last 5 years.
Currently average asking price of a property in Wedmore is around £585,571 based on approximately 37 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £867 per month.
Estimated property value in Wedmore is £485,856. Average asking price is £585,571 while average price paid is £381,338 which is up by £41,657 and Avg. asking rent £867.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 Wedmore area. In last 1 year alone average price buyer paid is around £381,338 based on approximately 37 sales in Wedmore area alone. If you compare it to last 3 years sales of 108 properties where buyers paid around £375,619. 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 £375,602 for 174 and average amount paid for purchase of approx. 233 properties sold in last 7 years comes to about £376,234 per sale.