Average Price for property in Burcott Road, Wells, BA5 is around £207,918 which varies based on type of property you are interested in and ranges from £262,463 for detached house to around £217,320 for semi-detached. Similarly terraced house is around £194,754 and a flat is worth £155,140. Values have been changing and have risen £484 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,285 in last 6 months, £14,819 in last 1 year, £18,323 in last 2 years, £23,031 in last 3 years, £24,319 in last 4 years and £24,705 in last 5 years.
Currently average asking price of a property in Burcott Road, Wells, BA5 is around £376,820 based on approximately 6 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £1,478 per month.
Estimated property value in Burcott Road, Wells, BA5 is £207,918. Average asking price is £376,820 while average price paid is £184,241 which is up by £14,819 and Avg. asking rent £1,478.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 Burcott Road, Wells, BA5 area. In last 1 year alone average price buyer paid is around £184,241 based on approximately 6 sales in Burcott Road, Wells, BA5 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £198,040. 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 £198,028 for 16 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £194,735 per sale.