Average Price for property in Portway, Wells, BA5 is around £360,250 which varies based on type of property you are interested in and ranges from £438,250 for detached house to around £408,225 for semi-detached. Similarly terraced house is around £293,859 and a flat is worth £162,581. Values have been changing and have risen £837 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,689 in last 6 months, £25,672 in last 1 year, £31,740 in last 2 years, £39,896 in last 3 years, £42,125 in last 4 years and £42,789 in last 5 years.
Currently average asking price of a property in Portway, Wells, BA5 is around £376,820 based on approximately 9 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 Portway, Wells, BA5 is £360,250. Average asking price is £376,820 while average price paid is £291,400 which is up by £25,672 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 Portway, Wells, BA5 area. In last 1 year alone average price buyer paid is around £291,400 based on approximately 9 sales in Portway, Wells, BA5 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £288,476. 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 £302,555 for 29 and average amount paid for purchase of approx. 32 properties sold in last 7 years comes to about £308,706 per sale.