Average Price for property in New Street, Wells, BA5 is around £380,046 which varies based on type of property you are interested in and ranges from £499,908 for detached house to around £376,917 for semi-detached. Similarly terraced house is around £461,881 and a flat is worth £255,960. Values have been changing and have risen £883 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,001 in last 6 months, £27,082 in last 1 year, £33,482 in last 2 years, £42,083 in last 3 years, £44,433 in last 4 years and £45,134 in last 5 years.
Currently average asking price of a property in New Street, Wells, BA5 is around £376,820 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 £1,478 per month.
Estimated property value in New Street, Wells, BA5 is £380,046. Average asking price is £376,820 while average price paid is £780,000 which is up by £27,082 and Avg. asking rent £1,478.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 New Street, Wells, BA5 area. In last 1 year alone average price buyer paid is around £780,000 based on approximately 1 sales in New Street, Wells, BA5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £437,375. 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 £383,687 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £373,945 per sale.