Values have been changing and have risen £428 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £108 in last 6 months, £9,273 in last 1 year, £11,946 in last 2 years, £14,723 in last 3 years, £14,342 in last 4 years and £13,201 in last 5 years.
Currently average asking price of a property in Commercial Road, Shepton Mallet, BA4 is around £338,542 based on approximately 1 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £1,537 per month.
Estimated property value in Commercial Road, Shepton Mallet, BA4 is £146,476. Average asking price is £338,542 while average price paid is £153,500 which is up by £9,273 and Avg. asking rent £1,537.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 Commercial Road, Shepton Mallet, BA4 area. In last 1 year alone average price buyer paid is around £153,500 based on approximately 1 sales in Commercial Road, Shepton Mallet, BA4 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £153,500. 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 £153,500 for 1 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £119,250 per sale.