Wotton-under-Edge

Area Guide For Wotton-under-Edge

Wotton-under-Edge/ˈwʊtən/ is a business sector town inside the Stroud region of Gloucestershire, England. Placed close to the southern end of the Cotswolds, the Cotswold Way long-remove trail passes through the town. Remaining on the B4058 Wotton is around 5 miles (8.0 km) from the M5 motorway. The closest track station is Cam and Dursley, 7 miles (11 km) away by street, on the Bristol to Birmingham line. The main record of the town is in an Anglo-Saxon Royal Charter of King Edmund I, who in AD 940 rented four stows away of area in Wudetun to Eadric. The name Wudetun implies the nook, estate or town (tun) in or close to the wood (wude). The "Edge" alludes to the limestone slope of the Cotswold Edge which incorporates the slopes of Wotton Hill and Tor Hill that flank the town. "The Edge" has additionally turned into a term utilized by local people to portray the area.

 
 

Wotton-under-Edge Map

Estimated Price: £336,534
Average Asking Price: £677,528
Price change in last one year: £11,154
Average Price Paid: £261,172
Average Rent Rates: £735

 
 

Property Prices Breakdown in Wotton-under-Edge

Average Price for property in Wotton-under-Edge is around £336,534 which varies based on type of property you are interested in and ranges from £437,806 for detached house to around £260,104 for semi-detached. Similarly terraced house is around £245,455 and a flat is worth £147,590. Values have been changing and have risen £6,067 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,111 in last 6 months, £11,154 in last 1 year, £45,209 in last 2 years, £52,817 in last 3 years, £32,331 in last 4 years and £38,552 in last 5 years.

Currently average asking price of a property in Wotton-under-Edge is around £677,528 based on approximately 187 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £735 per month.

Estimated property value in Wotton-under-Edge is £336,534. Average asking price is £677,528 while average price paid is £290,536 which is up by £11,154 and Avg. asking rent £735.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 Wotton-under-Edge area. In last 1 year alone average price buyer paid is around £290,536 based on approximately 187 sales in Wotton-under-Edge area alone. If you compare it to last 3 years sales of 513 properties where buyers paid around £264,237. 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 £261,172 for 844 and average amount paid for purchase of approx. 1,135 properties sold in last 7 years comes to about £256,965 per sale.

 
 

Properties For Sale in Wotton-under-Edge

 
 

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 £218,889, £309,612 for a 3 bedroom house, £489,648 for a 4 bedroom house and £559,660 for a 5 bedroom house. For a flat the prices of 2 bedroom is £162,250. To sum up the asking prices for properties in Wotton-under-Edge it comes to around average £193,716 for 2 bedroom property, £309,612 for 3 bedroom, £489,648 for 4 bedroom and £559,660 for 5 bedroom.

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 £650 for 2 bedroom to £898 for 3 bedroom and £1,001 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £453. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £598. You should be generally be expecting around average £453 rent per month for single bedroom property, £633 for 2 bedroom, £898 for 3 bedroom and approximately £1,001 for 4 bedroom property in Wotton-under-Edge area.

Popular Houses in Wotton-under-Edge

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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