Average Price for property in Somerville Road, Wells, BA5 is around £175,404 e.g. average price for semi-detached is around 175,404. Values have been changing and have risen £409 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,772 in last 6 months, £12,502 in last 1 year, £15,459 in last 2 years, £19,433 in last 3 years, £20,523 in last 4 years and £20,851 in last 5 years.
Currently average asking price of a property in Somerville Road, Wells, BA5 is around £376,820 based on approximately 0 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £1,478 per month.
Estimated property value in Somerville Road, Wells, BA5 is £175,404. Average asking price is £376,820 while average price paid is £162,430 which is up by £19,433 and Avg. asking rent £1,478.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 Somerville Road, Wells, BA5 area. In last 3 years alone average price buyer paid is around £162,430 based on approximately 1 sales in Somerville Road, Wells, BA5 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £162,430. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £167,215 for 2 per sale.