Average Price for property in Somerset Lane, Bath, BA1 is around £1,103,660 e.g. average price for detached house is around 1,103,660. Values have been changing and have risen £1,130 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,377 in last 6 months, £66,816 in last 1 year, £102,237 in last 2 years, £130,686 in last 3 years, £132,624 in last 4 years and £129,892 in last 5 years.
Currently average asking price of a property in Somerset Lane, Bath, BA1 is around £590,461 based on approximately 2 properties for sale. Same is the case with rental options based on 184 properties up for rent, average asking rent is around £1,294 per month.
Estimated property value in Somerset Lane, Bath, BA1 is £1,103,660. Average asking price is £590,461 while average price paid is £1,900,000 which is up by £66,816 and Avg. asking rent £1,294.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 Somerset Lane, Bath, BA1 area. In last 1 year alone average price buyer paid is around £1,900,000 based on approximately 2 sales in Somerset Lane, Bath, BA1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £1,595,000. 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 £1,222,000 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £1,222,000 per sale.