Average Price for property in Somerset Place, Gloucester, GL1 is around £125,852 which varies based on type of property you are interested in and ranges from £157,164 for semi-detached to around £110,196 for terraced house. Values have been changing and have risen £1,110 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,020 in last 6 months, £13,034 in last 1 year, £16,145 in last 2 years, £16,364 in last 3 years, £15,831 in last 4 years and £14,369 in last 5 years.
Currently average asking price of a property in Somerset Place, Gloucester, GL1 is around £149,396 based on approximately 1 properties for sale. Same is the case with rental options based on 203 properties up for rent, average asking rent is around £1,081 per month.
Estimated property value in Somerset Place, Gloucester, GL1 is £125,852. Average asking price is £149,396 while average price paid is £146,000 which is up by £13,034 and Avg. asking rent £1,081.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 Place, Gloucester, GL1 area. In last 1 year alone average price buyer paid is around £146,000 based on approximately 1 sales in Somerset Place, Gloucester, GL1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £110,500. 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 £94,333 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £94,333 per sale.