Average Price for property in Drappel Lane, Westbury Sub Mendip, Wells, BA5 is around £484,573 e.g. average price for detached house is around 484,573. Values have been changing and have risen £1,125 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,651 in last 6 months, £34,529 in last 1 year, £42,688 in last 2 years, £53,656 in last 3 years, £56,652 in last 4 years and £57,541 in last 5 years.
Currently average asking price of a property in Drappel Lane, Westbury Sub Mendip, Wells, BA5 is around £378,302 based on approximately 0 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £1,475 per month.
Estimated property value in Drappel Lane, Westbury Sub Mendip, Wells, BA5 is £484,573. Average asking price is £378,302 while average price paid is £450,000 which is up by £53,656 and Avg. asking rent £1,475.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 Drappel Lane, Westbury Sub Mendip, Wells, BA5 area. In last 3 years alone average price buyer paid is around £450,000 based on approximately 1 sales in Drappel Lane, Westbury Sub Mendip, Wells, BA5 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £450,000. 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 £450,000 for 1 per sale.