Brassmill Lane, Bath, BA1

Street Guide For Brassmill Lane, Bath, BA1

 

Brassmill Lane, Bath, BA1 Map

Estimated Price: £162,232
Average Asking Price: £590,461
Price change in last one year: £9,825
Average Price Paid: £132,027
Average Rent Rates: £1,294

 

Property Prices Breakdown in Brassmill Lane, Bath, BA1

Average Price for property in Brassmill Lane, Bath, BA1 is around £162,232 which varies based on type of property you are interested in and ranges from £214,635 for detached house to around £191,292 for semi-detached. Similarly terraced house is around £191,610 and a flat is worth £143,278. Values have been changing and have risen £165 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,674 in last 6 months, £9,825 in last 1 year, £15,035 in last 2 years, £19,222 in last 3 years, £19,513 in last 4 years and £19,115 in last 5 years.

Currently average asking price of a property in Brassmill Lane, Bath, BA1 is around £590,461 based on approximately 3 properties for sale. Same is the case with rental options based on 184 properties up for rent, average asking rent is around £1,294 per month.

Estimated property value in Brassmill Lane, Bath, BA1 is £162,232. Average asking price is £590,461 while average price paid is £132,166 which is up by £9,825 and Avg. asking rent £1,294.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 Brassmill Lane, Bath, BA1 area. In last 1 year alone average price buyer paid is around £132,166 based on approximately 3 sales in Brassmill Lane, Bath, BA1 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £136,444. 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 £132,027 for 18 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £131,931 per sale.

 
 

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 £153,000, £339,375 for a 2 bedroom house, £414,784 for a 3 bedroom house, £694,964 for a 4 bedroom house and £1,634,444 for a 5 bedroom house. For a flat similarly the prices varies from £190,210 for a single bedroom to £362,346 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £791,421 and £275,000 for a 4 bedroom flat. To sum up the asking prices for properties in Brassmill Lane, Bath, BA1 it comes to around average £185,558 for 1 bedroom property, £357,970 for 2 bedroom, £516,186 for 3 bedroom, £682,612 for 4 bedroom and £1,634,444 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 £559 for 1 bedroom to £985 for 2 bedrooms, £1,214 for 3 bedrooms, £1,667 for 4 bedrooms and £1,858 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £786. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,058, £1,250 for 3 bedroom, £1,468 for 4 bedroom and around £1,966 for 5 bedroom flat. You should be generally be expecting around average £777 rent per month for single bedroom property, £1,047 for 2 bedroom, £1,227 for 3 bedroom, £1,601 for 4 bedroom and approximately £1,885 for a 5 bedroom property in Brassmill Lane, Bath, BA1 area.

Popular Houses in Brassmill Lane, Bath, BA1

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.

Areas in and around Brassmill Lane, Bath, BA1