Average Price for property in Somerset Road, Ferring, Worthing, BN12 is around £469,455 which varies based on type of property you are interested in and ranges from £487,890 for detached house to around £430,283 for semi-detached. Similarly terraced house is around £372,908. Values have been changing and have risen £681 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,728 in last 6 months, £26,645 in last 1 year, £54,643 in last 2 years, £61,945 in last 3 years, £60,466 in last 4 years and £59,153 in last 5 years.
Currently average asking price of a property in Somerset Road, Ferring, Worthing, BN12 is around £388,959 based on approximately 1 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £1,410 per month.
Estimated property value in Somerset Road, Ferring, Worthing, BN12 is £469,455. Average asking price is £388,959 while average price paid is £365,000 which is up by £26,645 and Avg. asking rent £1,410.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 Road, Ferring, Worthing, BN12 area. In last 1 year alone average price buyer paid is around £365,000 based on approximately 1 sales in Somerset Road, Ferring, Worthing, BN12 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £360,000. 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 £327,500 for 4 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £356,642 per sale.