Average Price for property in Knowle Lane, Wookey, Wells, BA5 is around £316,458 which varies based on type of property you are interested in and ranges from £413,304 for detached house to around £187,332 for terraced house. Values have been changing and have risen £723 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,910 in last 6 months, £22,155 in last 1 year, £27,391 in last 2 years, £34,429 in last 3 years, £36,353 in last 4 years and £36,927 in last 5 years.
Currently average asking price of a property in Knowle Lane, Wookey, Wells, BA5 is around £378,302 based on approximately 2 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £1,475 per month.
Estimated property value in Knowle Lane, Wookey, Wells, BA5 is £316,458. Average asking price is £378,302 while average price paid is £173,250 which is up by £22,155 and Avg. asking rent £1,475.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 Knowle Lane, Wookey, Wells, BA5 area. In last 1 year alone average price buyer paid is around £173,250 based on approximately 2 sales in Knowle Lane, Wookey, Wells, BA5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £240,500. 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 £239,916 for 6 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £239,916 per sale.