Pike Lane, Shepton Mallet, BA4

Street Guide For Pike Lane, Shepton Mallet, BA4

 

Pike Lane, Shepton Mallet, BA4 Map

Estimated Price: £210,467
Average Asking Price: £338,542
Price change in last one year: £14,180
Average Price Paid: £190,000
Average Rent Rates: £1,537

 

Property Prices Breakdown in Pike Lane, Shepton Mallet, BA4

Average Price for property in Pike Lane, Shepton Mallet, BA4 is around £210,467 e.g. average price for a flat is around 210,467. Values have been changing and have risen £655 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £166 in last 6 months, £14,180 in last 1 year, £18,266 in last 2 years, £22,510 in last 3 years, £21,926 in last 4 years and £20,179 in last 5 years.

Currently average asking price of a property in Pike Lane, Shepton Mallet, BA4 is around £338,542 based on approximately 0 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £1,537 per month.

Estimated property value in Pike Lane, Shepton Mallet, BA4 is £210,467. Average asking price is £338,542 while average price paid is £190,000 which is up by £22,510 and Avg. asking rent £1,537.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 Pike Lane, Shepton Mallet, BA4 area. In last 3 years alone average price buyer paid is around £190,000 based on approximately 1 sales in Pike Lane, Shepton Mallet, BA4 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £190,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £190,000 for 1 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 £117,000, £176,653 for a 2 bedroom house, £199,479 for a 3 bedroom house, £336,141 for a 4 bedroom house and £564,629 for a 5 bedroom house. For a flat similarly the prices varies from £107,975 for a single bedroom to £128,300 for a 2 bedroom Flat. To sum up the asking prices for properties in Pike Lane, Shepton Mallet, BA4 it comes to around average £112,488 for 1 bedroom property, £169,018 for 2 bedroom, £199,479 for 3 bedroom, £336,141 for 4 bedroom and £564,629 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 £660 for 2 bedroom to £1,149 for 3 bedroom, £923 for 4 bedroom and £2,951 for 5 bedroom. You should be generally be expecting around average £660 rent per month for 2 bedroom property, £1,149 for 3 bedroom, £923 for 4 bedroom and approximately £2,951 for 5 bedroom property in Pike Lane, Shepton Mallet, BA4 area.

Popular Houses in Pike Lane, Shepton Mallet, BA4

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 Pike Lane, Shepton Mallet, BA4