Jays Mead, Wotton-under-Edge, GL12

Street Guide For Jays Mead, Wotton-under-Edge, GL12

 

Jays Mead, Wotton-under-Edge, GL12 Map

Estimated Price: £350,142
Average Asking Price: £683,417
Price change in last one year: £27,179
Average Price Paid: £302,642
Average Rent Rates: £735

 

Property Prices Breakdown in Jays Mead, Wotton-under-Edge, GL12

Average Price for property in Jays Mead, Wotton-under-Edge, GL12 is around £350,142 e.g. average price for detached house is around 350,142. Values have been changing and have risen £4,701 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,468 in last 6 months, £27,179 in last 1 year, £42,966 in last 2 years, £46,286 in last 3 years, £39,128 in last 4 years and £41,581 in last 5 years.

Currently average asking price of a property in Jays Mead, Wotton-under-Edge, GL12 is around £683,417 based on approximately 2 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 Jays Mead, Wotton-under-Edge, GL12 is £350,142. Average asking price is £683,417 while average price paid is £367,500 which is up by £27,179 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 Jays Mead, Wotton-under-Edge, GL12 area. In last 1 year alone average price buyer paid is around £367,500 based on approximately 2 sales in Jays Mead, Wotton-under-Edge, GL12 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £330,800. 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 £302,642 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £289,500 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 £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 Jays Mead, Wotton-under-Edge, GL12 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 Jays Mead, Wotton-under-Edge, GL12 area.

Popular Houses in Jays Mead, Wotton-under-Edge, GL12

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 Jays Mead, Wotton-under-Edge, GL12