Average Price for property in Silver Street, Wells, BA5 is around £167,801 which varies based on type of property you are interested in and ranges from £389,181 for detached house to around £275,331 for terraced house. Similarly flat is around £108,575. Values have been changing and have risen £391 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,651 in last 6 months, £11,961 in last 1 year, £14,790 in last 2 years, £18,592 in last 3 years, £19,634 in last 4 years and £19,946 in last 5 years.
Currently average asking price of a property in Silver Street, Wells, BA5 is around £376,820 based on approximately 5 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 Silver Street, Wells, BA5 is £167,801. Average asking price is £376,820 while average price paid is £83,150 which is up by £11,961 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 Silver Street, Wells, BA5 area. In last 1 year alone average price buyer paid is around £83,150 based on approximately 5 sales in Silver Street, Wells, BA5 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £117,204. 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 £137,632 for 17 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £149,965 per sale.