Marleys Way, Frome, BA11

Street Guide For Marleys Way, Frome, BA11

 

Marleys Way, Frome, BA11 Map

Estimated Price: £207,266
Average Asking Price: £306,613
Price change in last one year: £16,504
Average Price Paid: £164,694
Average Rent Rates: £904

 

Property Prices Breakdown in Marleys Way, Frome, BA11

Average Price for property in Marleys Way, Frome, BA11 is around £207,266 which varies based on type of property you are interested in and ranges from £230,968 for detached house to around £234,420 for semi-detached. Similarly terraced house is around £210,954 and a flat is worth £150,888. Values have been changing and have risen £1,242 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,994 in last 6 months, £16,504 in last 1 year, £20,379 in last 2 years, £24,268 in last 3 years, £26,272 in last 4 years and £26,393 in last 5 years.

Currently average asking price of a property in Marleys Way, Frome, BA11 is around £306,613 based on approximately 5 properties for sale. Same is the case with rental options based on 58 properties up for rent, average asking rent is around £904 per month.

Estimated property value in Marleys Way, Frome, BA11 is £207,266. Average asking price is £306,613 while average price paid is £191,100 which is up by £16,504 and Avg. asking rent £904.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 Marleys Way, Frome, BA11 area. In last 1 year alone average price buyer paid is around £191,100 based on approximately 5 sales in Marleys Way, Frome, BA11 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £172,291. 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 £164,694 for 18 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £162,400 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 £126,167, £190,076 for a 2 bedroom house, £230,438 for a 3 bedroom house, £385,234 for a 4 bedroom house and £581,421 for a 5 bedroom house. For a flat similarly the prices varies from £103,508 for a single bedroom to £169,075 for a 2 bedroom Flat. To sum up the asking prices for properties in Marleys Way, Frome, BA11 it comes to around average £108,040 for 1 bedroom property, £180,475 for 2 bedroom, £230,438 for 3 bedroom, £385,234 for 4 bedroom and £581,421 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 £576 for 1 bedroom to £661 for 2 bedrooms, £904 for 3 bedrooms, £1,078 for 4 bedrooms and £1,416 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £475. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £582 and £594 for 3 bedroom. You should be generally be expecting around average £498 rent per month for single bedroom property, £625 for 2 bedroom, £878 for 3 bedroom, £1,078 for 4 bedroom and approximately £1,416 for a 5 bedroom property in Marleys Way, Frome, BA11 area.

Popular Houses in Marleys Way, Frome, BA11

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 Marleys Way, Frome, BA11