Rughill, Cocklake, Wedmore, BS28

Street Guide For Rughill, Cocklake, Wedmore, BS28

 

Rughill, Cocklake, Wedmore, BS28 Map

Estimated Price: £426,926
Average Asking Price: £585,571
Price change in last one year: £35,575
Average Price Paid: £356,500
Average Rent Rates: £867

 

Property Prices Breakdown in Rughill, Cocklake, Wedmore, BS28

Average Price for property in Rughill, Cocklake, Wedmore, BS28 is around £426,926 which varies based on type of property you are interested in and ranges from £445,908 for detached house to around £438,491 for semi-detached. Values have been changing and have risen £2,555 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,679 in last 6 months, £35,575 in last 1 year, £57,506 in last 2 years, £61,053 in last 3 years, £65,199 in last 4 years and £63,131 in last 5 years.

Currently average asking price of a property in Rughill, Cocklake, Wedmore, BS28 is around £585,571 based on approximately 2 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £867 per month.

Estimated property value in Rughill, Cocklake, Wedmore, BS28 is £426,926. Average asking price is £585,571 while average price paid is £356,500 which is up by £35,575 and Avg. asking rent £867.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 Rughill, Cocklake, Wedmore, BS28 area. In last 1 year alone average price buyer paid is around £356,500 based on approximately 2 sales in Rughill, Cocklake, Wedmore, BS28 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £356,500. 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 £356,500 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £337,666 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 2 bedroom is around £245,000, £354,243 for a 3 bedroom house, £656,165 for a 4 bedroom house and £970,833 for a 5 bedroom house. For a flat similarly the prices varies from £145,000 for a single bedroom to £169,950 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £319,500. To sum up the asking prices for properties in Rughill, Cocklake, Wedmore, BS28 it comes to around average £145,000 for 1 bedroom property, £219,983 for 2 bedroom, £350,156 for 3 bedroom, £656,165 for 4 bedroom and £970,833 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 is £867 for 3 bedroom. You should be generally be expecting around average £867 rent per month for 3 bedroom property in Rughill, Cocklake, Wedmore, BS28 area.

Popular Houses in Rughill, Cocklake, Wedmore, BS28

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 Rughill, Cocklake, Wedmore, BS28