Average Price for property in Cheddar is around £304,774 which varies based on type of property you are interested in and ranges from £375,573 for detached house to around £255,013 for semi-detached. Similarly terraced house is around £203,117 and a flat is worth £147,382. Values have been changing and have risen £1,663 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,212 in last 6 months, £12,031 in last 1 year, £16,165 in last 2 years, £31,548 in last 3 years, £23,967 in last 4 years and £30,695 in last 5 years.
Currently average asking price of a property in Cheddar is around £297,751 based on approximately 114 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 Cheddar is £304,774. Average asking price is £297,751 while average price paid is £247,370 which is up by £12,031 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 Cheddar area. In last 1 year alone average price buyer paid is around £247,370 based on approximately 114 sales in Cheddar area alone. If you compare it to last 3 years sales of 327 properties where buyers paid around £239,976. 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 £244,220 for 532 and average amount paid for purchase of approx. 706 properties sold in last 7 years comes to about £241,139 per sale.