Average Price for property in Monks Ford, Wookey, Wells, BA5 is around £187,208 e.g. average price for semi-detached is around 187,208. Values have been changing and have risen £417 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,828 in last 6 months, £12,753 in last 1 year, £15,767 in last 2 years, £19,820 in last 3 years, £20,930 in last 4 years and £21,263 in last 5 years.
Currently average asking price of a property in Monks Ford, Wookey, Wells, BA5 is around £378,302 based on approximately 1 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 Monks Ford, Wookey, Wells, BA5 is £187,208. Average asking price is £378,302 while average price paid is £170,000 which is up by £12,753 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 Monks Ford, Wookey, Wells, BA5 area. In last 1 year alone average price buyer paid is around £170,000 based on approximately 1 sales in Monks Ford, Wookey, Wells, BA5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £155,500. 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 £155,666 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £155,666 per sale.