Average Price for property in Somerset Place, Lansdown, Bath, BA1 is around £2,529,555 which varies based on type of property you are interested in and ranges from £2,529,555 for terraced house to around £1,561,349 for a flat. Values have been changing and have risen £2,592 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £26,070 in last 6 months, £153,131 in last 1 year, £234,308 in last 2 years, £299,503 in last 3 years, £303,938 in last 4 years and £297,669 in last 5 years.
Currently average asking price of a property in Somerset Place, Lansdown, Bath, BA1 is around £590,461 based on approximately 3 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 Place, Lansdown, Bath, BA1 is £2,529,555. Average asking price is £590,461 while average price paid is £1,860,000 which is up by £153,131 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 Place, Lansdown, Bath, BA1 area. In last 1 year alone average price buyer paid is around £1,860,000 based on approximately 3 sales in Somerset Place, Lansdown, Bath, BA1 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £1,703,571. 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 £1,703,571 for 7 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £1,703,571 per sale.