Dropping Lane, Bruton, BA10

Street Guide For Dropping Lane, Bruton, BA10

 

Dropping Lane, Bruton, BA10 Map

Estimated Price: £432,063
Average Asking Price: £332,633
Price change in last one year: £29,449
Average Price Paid: £316,666
Average Rent Rates: £483

 

Property Prices Breakdown in Dropping Lane, Bruton, BA10

Average Price for property in Dropping Lane, Bruton, BA10 is around £432,063 which varies based on type of property you are interested in and ranges from £547,852 for detached house to around £390,702 for semi-detached. Similarly terraced house is around £208,783. Values have been changing and have risen £785 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,883 in last 6 months, £29,449 in last 1 year, £39,536 in last 2 years, £46,567 in last 3 years, £47,317 in last 4 years and £48,621 in last 5 years.

Currently average asking price of a property in Dropping Lane, Bruton, BA10 is around £332,633 based on approximately 0 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £483 per month.

Estimated property value in Dropping Lane, Bruton, BA10 is £432,063. Average asking price is £332,633 while average price paid is £316,666 which is up by £46,567 and Avg. asking rent £483.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 Dropping Lane, Bruton, BA10 area. In last 3 years alone average price buyer paid is around £316,666 based on approximately 3 sales in Dropping Lane, Bruton, BA10 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £316,666. 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 £311,875 for 4 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 2 bedroom is around £266,667, £217,488 for a 3 bedroom house, £361,250 for a 4 bedroom house and £670,833 for a 5 bedroom house. For a flat similarly the prices varies from £87,500 for a single bedroom to £89,950 for a 2 bedroom Flat. Same is the case with 5 bedroom flat £595,000. To sum up the asking prices for properties in Dropping Lane, Bruton, BA10 it comes to around average £87,500 for 1 bedroom property, £222,488 for 2 bedroom, £217,488 for 3 bedroom, £361,250 for 4 bedroom and £651,875 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 is £823 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £387. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £494. You should be generally be expecting around average £387 rent per month for single bedroom property, £494 for 2 bedroom and approximately £823 for 3 bedroom property in Dropping Lane, Bruton, BA10 area.

Popular Houses in Dropping Lane, Bruton, BA10

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 Dropping Lane, Bruton, BA10