Grasmere, Bowerhill, Melksham, SN12

Street Guide For Grasmere, Bowerhill, Melksham, SN12

 
 

Grasmere, Bowerhill, Melksham, SN12 Map

Estimated Price: £252,427
Average Asking Price: £283,099
Price change in last one year: £9,427
Average Price Paid: £240,000
Average Rent Rates: £1,064

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Property Prices Breakdown in Grasmere, Bowerhill, Melksham, SN12

Average Price for property in Grasmere, Bowerhill, Melksham, SN12 is around £252,427 which varies based on type of property you are interested in and ranges from £288,704 for detached house to around £220,685 for semi-detached. Values have been changing and have risen £32 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12 in last 6 months, £9,427 in last 1 year, £24,052 in last 2 years, £27,647 in last 3 years, £22,998 in last 4 years and £20,502 in last 5 years.

Currently average asking price of a property in Grasmere, Bowerhill, Melksham, SN12 is around £283,099 based on approximately 1 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £1,064 per month.

Estimated property value in Grasmere, Bowerhill, Melksham, SN12 is £252,427. Average asking price is £283,099 while average price paid is £370,000 which is up by £9,427 and Avg. asking rent £1,064.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 Grasmere, Bowerhill, Melksham, SN12 area. In last 1 year alone average price buyer paid is around £370,000 based on approximately 1 sales in Grasmere, Bowerhill, Melksham, SN12 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £261,500. 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 £240,000 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £240,000 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 £91,950, £173,588 for a 2 bedroom house, £238,535 for a 3 bedroom house, £333,612 for a 4 bedroom house and £449,218 for a 5 bedroom house. For a flat similarly the prices varies from £85,250 for a single bedroom to £96,558 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £130,000. To sum up the asking prices for properties in Grasmere, Bowerhill, Melksham, SN12 it comes to around average £87,483 for 1 bedroom property, £149,263 for 2 bedroom, £235,034 for 3 bedroom, £333,612 for 4 bedroom and £449,218 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 £649 for 2 bedroom to £974 for 3 bedroom and £1,567 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £550. You should be generally be expecting around average £633 rent per month for 2 bedroom property, £974 for 3 bedroom and approximately £1,567 for 4 bedroom property in Grasmere, Bowerhill, Melksham, SN12 area.

Popular Houses in Grasmere, Bowerhill, Melksham, SN12

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 Grasmere, Bowerhill, Melksham, SN12