Bath

Area Guide For Bath

Bath is a popular British city, and one reason for that is its World Heritage City status. As you walk through the city, you can’t help but marvel at the mix of periodic beauty and modernity. There is a rich culture and arts scene along with excellent facilities, activities and educational institutions. You’ll find top quality education whether it is pre-school or post graduate. Similarly, there are a lot of professionals residing in the area and property options range from Georgian townhouses to mansions, small homes and rural property.

 
 

Bath Map

Estimated Price: £396,158
Average Asking Price: £557,468
Price change in last one year: £23,768
Average Price Paid: £335,778
Average Rent Rates: £1,417

 
 

Property Prices Breakdown in Bath

Average Price for property in Bath is around £396,158 which varies based on type of property you are interested in and ranges from £609,479 for detached house to around £374,106 for semi-detached. Similarly terraced house is around £344,035 and a flat is worth £270,303. Values have been changing and have risen £1,707 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,073 in last 6 months, £23,768 in last 1 year, £47,266 in last 2 years, £43,743 in last 3 years, £49,762 in last 4 years and £65,323 in last 5 years.

Currently average asking price of a property in Bath is around £557,468 based on approximately 1,753 properties for sale. Same is the case with rental options based on 441 properties up for rent, average asking rent is around £1,417 per month.

Estimated property value in Bath is £396,158. Average asking price is £557,468 while average price paid is £364,979 which is up by £23,768 and Avg. asking rent £1,417.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 Bath area. In last 1 year alone average price buyer paid is around £364,979 based on approximately 1,753 sales in Bath area alone. If you compare it to last 3 years sales of 5,272 properties where buyers paid around £346,401. 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 £335,778 for 8,377 and average amount paid for purchase of approx. 10,951 properties sold in last 7 years comes to about £324,404 per sale.

 
 

Properties For Sale in Bath

 
 

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 £208,857, £309,020 for a 2 bedroom house, £372,460 for a 3 bedroom house, £639,362 for a 4 bedroom house and £1,298,713 for a 5 bedroom house. For a flat similarly the prices varies from £205,450 for a single bedroom to £334,877 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £717,495 and £385,000 for a 4 bedroom flat. To sum up the asking prices for properties in Bath it comes to around average £206,032 for 1 bedroom property, £324,064 for 2 bedroom, £423,576 for 3 bedroom, £634,652 for 4 bedroom and £1,298,713 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 £801 for 1 bedroom to £1,051 for 2 bedrooms, £1,145 for 3 bedrooms, £1,472 for 4 bedrooms and £1,786 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £771. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,045, £1,311 for 3 bedroom, £1,409 for 4 bedroom and around £1,924 for 5 bedroom flat. You should be generally be expecting around average £774 rent per month for single bedroom property, £1,046 for 2 bedroom, £1,188 for 3 bedroom, £1,467 for 4 bedroom and approximately £1,794 for a 5 bedroom property in Bath area.

Popular Houses in Bath

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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