Average Price for property in Somerset Way, Wem, Shrewsbury, SY4 is around £148,635 which varies based on type of property you are interested in and ranges from £173,704 for detached house to around £143,309 for semi-detached. Similarly terraced house is around £107,576 and a flat is worth £69,981. Values have been changing and have risen £42 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,085 in last 6 months, £3,814 in last 1 year, £9,035 in last 2 years, £10,553 in last 3 years, £10,540 in last 4 years and £7,470 in last 5 years.
Currently average asking price of a property in Somerset Way, Wem, Shrewsbury, SY4 is around £305,963 based on approximately 3 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £895 per month.
Estimated property value in Somerset Way, Wem, Shrewsbury, SY4 is £148,635. Average asking price is £305,963 while average price paid is £130,833 which is up by £3,814 and Avg. asking rent £895.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 Way, Wem, Shrewsbury, SY4 area. In last 1 year alone average price buyer paid is around £130,833 based on approximately 3 sales in Somerset Way, Wem, Shrewsbury, SY4 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £151,428. 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 £152,730 for 13 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £152,321 per sale.