Ringwell, Norton St. Philip, Bath, BA2

Street Guide For Ringwell, Norton St. Philip, Bath, BA2

 

Ringwell, Norton St. Philip, Bath, BA2 Map

Estimated Price: £229,695
Average Asking Price: £531,186
Price change in last one year: £15,715
Average Price Paid: £202,500
Average Rent Rates: £1,507

 

Property Prices Breakdown in Ringwell, Norton St. Philip, Bath, BA2

Average Price for property in Ringwell, Norton St. Philip, Bath, BA2 is around £229,695 e.g. average price for semi-detached is around 229,695. Values have been changing and have risen £830 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,017 in last 6 months, £15,715 in last 1 year, £23,640 in last 2 years, £26,804 in last 3 years, £30,276 in last 4 years and £30,513 in last 5 years.

Currently average asking price of a property in Ringwell, Norton St. Philip, Bath, BA2 is around £531,186 based on approximately 2 properties for sale. Same is the case with rental options based on 258 properties up for rent, average asking rent is around £1,507 per month.

Estimated property value in Ringwell, Norton St. Philip, Bath, BA2 is £229,695. Average asking price is £531,186 while average price paid is £211,500 which is up by £15,715 and Avg. asking rent £1,507.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 Ringwell, Norton St. Philip, Bath, BA2 area. In last 1 year alone average price buyer paid is around £211,500 based on approximately 2 sales in Ringwell, Norton St. Philip, Bath, BA2 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £215,166. 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 £202,500 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £205,416 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 £250,750, £302,629 for a 2 bedroom house, £351,572 for a 3 bedroom house, £614,227 for a 4 bedroom house and £943,232 for a 5 bedroom house. For a flat similarly the prices varies from £228,838 for a single bedroom to £299,464 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £545,000 and £495,000 for a 4 bedroom flat. To sum up the asking prices for properties in Ringwell, Norton St. Philip, Bath, BA2 it comes to around average £233,994 for 1 bedroom property, £301,158 for 2 bedroom, £365,555 for 3 bedroom, £612,616 for 4 bedroom and £943,232 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 £870 for 1 bedroom to £1,103 for 2 bedrooms, £1,112 for 3 bedrooms, £1,446 for 4 bedrooms and £1,770 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £754. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £996, £1,396 for 3 bedroom and £1,798 for 5 bedroom. You should be generally be expecting around average £787 rent per month for single bedroom property, £1,041 for 2 bedroom, £1,168 for 3 bedroom, £1,446 for 4 bedroom and approximately £1,771 for a 5 bedroom property in Ringwell, Norton St. Philip, Bath, BA2 area.

Popular Houses in Ringwell, Norton St. Philip, Bath, BA2

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 Ringwell, Norton St. Philip, Bath, BA2