Average Price for property in Cockmill Lane, East Pennard, Shepton Mallet, BA4 is around £371,003 e.g. average price for detached house is around 371,003. Values have been changing and have risen £1,156 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £290 in last 6 months, £24,991 in last 1 year, £32,189 in last 2 years, £39,664 in last 3 years, £38,629 in last 4 years and £35,544 in last 5 years.
Currently average asking price of a property in Cockmill Lane, East Pennard, Shepton Mallet, BA4 is around £338,839 based on approximately 1 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £1,637 per month.
Estimated property value in Cockmill Lane, East Pennard, Shepton Mallet, BA4 is £371,003. Average asking price is £338,839 while average price paid is £350,000 which is up by £24,991 and Avg. asking rent £1,637.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 Cockmill Lane, East Pennard, Shepton Mallet, BA4 area. In last 1 year alone average price buyer paid is around £350,000 based on approximately 1 sales in Cockmill Lane, East Pennard, Shepton Mallet, BA4 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £350,000. 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 £350,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £350,000 per sale.