Average Price for property in Shepton Mallet is around £239,627 which varies based on type of property you are interested in and ranges from £372,656 for detached house to around £197,865 for semi-detached. Similarly terraced house is around £167,284 and a flat is worth £107,841. Values have been changing and have risen £2,677 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,059 in last 6 months, £13,700 in last 1 year, £21,082 in last 2 years, £24,192 in last 3 years, £17,179 in last 4 years and £11,947 in last 5 years.
Currently average asking price of a property in Shepton Mallet is around £338,839 based on approximately 262 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 is £239,627. Average asking price is £338,839 while average price paid is £226,421 which is up by £13,700 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 area. In last 1 year alone average price buyer paid is around £226,421 based on approximately 262 sales in Shepton Mallet area alone. If you compare it to last 3 years sales of 747 properties where buyers paid around £212,603. 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 £209,484 for 1,208 and average amount paid for purchase of approx. 1,653 properties sold in last 7 years comes to about £206,228 per sale.