Priory Road, Wells, BA5

Street Guide For Priory Road, Wells, BA5

 

Priory Road, Wells, BA5 Map

Estimated Price: £169,465
Average Asking Price: £376,820
Price change in last one year: £12,080
Average Price Paid: £188,788
Average Rent Rates: £1,478

 

Property Prices Breakdown in Priory Road, Wells, BA5

Average Price for property in Priory Road, Wells, BA5 is around £169,465 which varies based on type of property you are interested in and ranges from £329,576 for detached house to around £543,057 for semi-detached. Similarly terraced house is around £187,460 and a flat is worth £116,069. Values have been changing and have risen £395 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,678 in last 6 months, £12,080 in last 1 year, £14,938 in last 2 years, £18,779 in last 3 years, £19,830 in last 4 years and £20,147 in last 5 years.

Currently average asking price of a property in Priory Road, Wells, BA5 is around £376,820 based on approximately 8 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 Priory Road, Wells, BA5 is £169,465. Average asking price is £376,820 while average price paid is £163,368 which is up by £12,080 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 Priory Road, Wells, BA5 area. In last 1 year alone average price buyer paid is around £163,368 based on approximately 8 sales in Priory Road, Wells, BA5 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £171,408. 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 £188,788 for 17 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £166,013 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 £84,133, £226,183 for a 2 bedroom house, £309,751 for a 3 bedroom house, £456,918 for a 4 bedroom house and £642,059 for a 5 bedroom house. For a flat similarly the prices varies from £135,345 for a single bedroom to £168,775 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £235,000. To sum up the asking prices for properties in Priory Road, Wells, BA5 it comes to around average £116,141 for 1 bedroom property, £210,068 for 2 bedroom, £308,651 for 3 bedroom, £456,918 for 4 bedroom and £642,059 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 £724 for 2 bedroom to £941 for 3 bedroom and £1,452 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £377. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £549 and £923 for 3 bedroom. You should be generally be expecting around average £377 rent per month for single bedroom property, £680 for 2 bedroom, £938 for 3 bedroom and approximately £1,452 for 4 bedroom property in Priory Road, Wells, BA5 area.

Popular Houses in Priory Road, Wells, BA5

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 Priory Road, Wells, BA5