Bridgwater

Area Guide For Bridgwater

Bridgwater is a business town and common ward in Somerset, England. It is the authoritative focal point of the Sedgemoor area, and a major mechanical focus. Bridgwater is spotted on the real correspondence courses through South West England. As indicated by the 2011 statistics, the town had a populace of 35,886. Bridgwater is arranged, on the edge of the Somerset Levels, in level and decently lush nation, having to the north the Mendip range and on the west the Quantock slopes. The town lies along both sides of the River Parrett, 10 miles (16 km) from its mouth, has been a real port and exchanging focus and keeps up an expansive modern base. It is connected to Taunton by the Bridgwater and Taunton Canal. Bridgwater is placed between two intersections of the M5 motorway and Bridgwater track station is on the principle route line in the middle of Bristol and Taunton.

 
 

Bridgwater Map

Estimated Price: £198,233
Average Asking Price: £266,937
Price change in last one year: £13,837
Average Price Paid: £175,543
Average Rent Rates: £706

 
 

Property Prices Breakdown in Bridgwater

Average Price for property in Bridgwater is around £198,233 which varies based on type of property you are interested in and ranges from £303,122 for detached house to around £184,148 for semi-detached. Similarly terraced house is around £137,606 and a flat is worth £106,704. Values have been changing and have risen £2,338 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,761 in last 6 months, £13,837 in last 1 year, £15,409 in last 2 years, £26,268 in last 3 years, £18,126 in last 4 years and £22,362 in last 5 years.

Currently average asking price of a property in Bridgwater is around £266,937 based on approximately 1,102 properties for sale. Same is the case with rental options based on 114 properties up for rent, average asking rent is around £706 per month.

Estimated property value in Bridgwater is £198,233. Average asking price is £266,937 while average price paid is £175,224 which is up by £13,837 and Avg. asking rent £706.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 Bridgwater area. In last 1 year alone average price buyer paid is around £175,224 based on approximately 1,102 sales in Bridgwater area alone. If you compare it to last 3 years sales of 3,211 properties where buyers paid around £175,530. 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 £175,543 for 5,090 and average amount paid for purchase of approx. 6,878 properties sold in last 7 years comes to about £174,955 per sale.

 
 

Properties For Sale in Bridgwater

 
 

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 £81,980, £156,962 for a 2 bedroom house, £207,584 for a 3 bedroom house, £314,479 for a 4 bedroom house and £537,529 for a 5 bedroom house. For a flat similarly the prices varies from £96,290 for a single bedroom to £119,458 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £112,475. To sum up the asking prices for properties in Bridgwater it comes to around average £91,520 for 1 bedroom property, £147,377 for 2 bedroom, £206,164 for 3 bedroom, £314,479 for 4 bedroom and £537,529 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 £587 for 1 bedroom to £612 for 2 bedrooms, £755 for 3 bedrooms, £1,009 for 4 bedrooms and £1,400 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £427. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £505 and £802 for 3 bedroom. You should be generally be expecting around average £452 rent per month for single bedroom property, £578 for 2 bedroom, £756 for 3 bedroom, £1,009 for 4 bedroom and approximately £1,400 for a 5 bedroom property in Bridgwater area.

Popular Houses in Bridgwater

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.

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