Average Price for property in Somers Road, Lyme Regis, DT7 is around £662,803 e.g. average price for detached house is around 662,803. Values have been changing and have risen £3,844 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,708 in last 6 months, £46,454 in last 1 year, £57,422 in last 2 years, £62,230 in last 3 years, £65,723 in last 4 years and £59,079 in last 5 years.
Currently average asking price of a property in Somers Road, Lyme Regis, DT7 is around £394,320 based on approximately 1 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £2,321 per month.
Estimated property value in Somers Road, Lyme Regis, DT7 is £662,803. Average asking price is £394,320 while average price paid is £407,000 which is up by £46,454 and Avg. asking rent £2,321.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 Somers Road, Lyme Regis, DT7 area. In last 1 year alone average price buyer paid is around £407,000 based on approximately 1 sales in Somers Road, Lyme Regis, DT7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £598,500. 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 £598,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £598,500 per sale.