Average Price for property in Norville Lane, Cheddar, BS27 is around £364,798 e.g. average price for detached house is around 364,798. Values have been changing and have risen £907 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,085 in last 6 months, £25,167 in last 1 year, £41,076 in last 2 years, £48,389 in last 3 years, £50,132 in last 4 years and £49,701 in last 5 years.
Currently average asking price of a property in Norville Lane, Cheddar, BS27 is around £297,751 based on approximately 1 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £1,715 per month.
Estimated property value in Norville Lane, Cheddar, BS27 is £364,798. Average asking price is £297,751 while average price paid is £530,000 which is up by £25,167 and Avg. asking rent £1,715.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 Norville Lane, Cheddar, BS27 area. In last 1 year alone average price buyer paid is around £530,000 based on approximately 1 sales in Norville Lane, Cheddar, BS27 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £361,333. 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 £343,500 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £376,400 per sale.