Average Price for property in Elm Way, Shepton Mallet, BA4 is around £143,956 which varies based on type of property you are interested in and ranges from £178,546 for detached house to around £148,606 for semi-detached. Similarly terraced house is around £125,470. Values have been changing and have risen £447 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £115 in last 6 months, £9,701 in last 1 year, £12,498 in last 2 years, £15,403 in last 3 years, £15,007 in last 4 years and £13,814 in last 5 years.
Currently average asking price of a property in Elm Way, Shepton Mallet, BA4 is around £338,542 based on approximately 2 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £1,537 per month.
Estimated property value in Elm Way, Shepton Mallet, BA4 is £143,956. Average asking price is £338,542 while average price paid is £181,500 which is up by £9,701 and Avg. asking rent £1,537.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 Elm Way, Shepton Mallet, BA4 area. In last 1 year alone average price buyer paid is around £181,500 based on approximately 2 sales in Elm Way, Shepton Mallet, BA4 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £143,000. 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 £142,444 for 9 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £142,444 per sale.