Values have been changing and have risen £1,706 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,206 in last 6 months, £21,006 in last 1 year, £34,808 in last 2 years, £37,178 in last 3 years, £38,676 in last 4 years and £36,863 in last 5 years.
Currently average asking price of a property in Somerset Terrace, Bedminster, Bristol, BS3 is around £211,771 based on approximately 4 properties for sale. Same is the case with rental options based on 60 properties up for rent, average asking rent is around £1,160 per month.
Estimated property value in Somerset Terrace, Bedminster, Bristol, BS3 is £254,548. Average asking price is £211,771 while average price paid is £213,000 which is up by £21,006 and Avg. asking rent £1,160.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 Terrace, Bedminster, Bristol, BS3 area. In last 1 year alone average price buyer paid is around £213,000 based on approximately 4 sales in Somerset Terrace, Bedminster, Bristol, BS3 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £223,300. 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 £223,000 for 13 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £208,500 per sale.