Drake Avenue, Bath, BA2

Street Guide For Drake Avenue, Bath, BA2

 

Drake Avenue, Bath, BA2 Map

Estimated Price: £158,256
Average Asking Price: £536,568
Price change in last one year: £10,738
Average Price Paid: £137,916
Average Rent Rates: £1,506

 

Property Prices Breakdown in Drake Avenue, Bath, BA2

Average Price for property in Drake Avenue, Bath, BA2 is around £158,256 which varies based on type of property you are interested in and ranges from £166,692 for semi-detached to around £158,057 for terraced house. Values have been changing and have risen £568 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,429 in last 6 months, £10,738 in last 1 year, £16,154 in last 2 years, £18,317 in last 3 years, £20,689 in last 4 years and £20,851 in last 5 years.

Currently average asking price of a property in Drake Avenue, Bath, BA2 is around £536,568 based on approximately 0 properties for sale. Same is the case with rental options based on 258 properties up for rent, average asking rent is around £1,506 per month.

Estimated property value in Drake Avenue, Bath, BA2 is £158,256. Average asking price is £536,568 while average price paid is £142,250 which is up by £18,317 and Avg. asking rent £1,506.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 Drake Avenue, Bath, BA2 area. In last 3 years alone average price buyer paid is around £142,250 based on approximately 4 sales in Drake Avenue, Bath, BA2 area alone. If you compare it to last 5 years sales of 6 properties where buyers paid around £137,916. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £137,916 for 6 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 £250,750, £302,629 for a 2 bedroom house, £351,572 for a 3 bedroom house, £614,227 for a 4 bedroom house and £943,232 for a 5 bedroom house. For a flat similarly the prices varies from £227,908 for a single bedroom to £303,198 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £545,000 and £495,000 for a 4 bedroom flat. To sum up the asking prices for properties in Drake Avenue, Bath, BA2 it comes to around average £233,619 for 1 bedroom property, £302,889 for 2 bedroom, £365,555 for 3 bedroom, £612,616 for 4 bedroom and £943,232 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 £873 for 1 bedroom to £1,138 for 2 bedrooms, £1,112 for 3 bedrooms, £1,449 for 4 bedrooms and £1,767 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £756. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £976, £1,407 for 3 bedroom and £1,798 for 5 bedroom. You should be generally be expecting around average £788 rent per month for single bedroom property, £1,043 for 2 bedroom, £1,170 for 3 bedroom, £1,449 for 4 bedroom and approximately £1,768 for a 5 bedroom property in Drake Avenue, Bath, BA2 area.

Popular Houses in Drake Avenue, Bath, BA2

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 Drake Avenue, Bath, BA2