Values have been changing and have risen £401 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £103 in last 6 months, £8,700 in last 1 year, £11,211 in last 2 years, £13,815 in last 3 years, £13,459 in last 4 years and £12,391 in last 5 years.
Currently average asking price of a property in Shepton Mallet, BA4 is around £338,542 based on approximately 3 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 Shepton Mallet, BA4 is £129,094. Average asking price is £338,542 while average price paid is £111,150 which is up by £8,700 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 Shepton Mallet, BA4 area. In last 1 year alone average price buyer paid is around £111,150 based on approximately 3 sales in Shepton Mallet, BA4 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £120,850. 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 £120,850 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £121,670 per sale.