Average Price for property in Southover, Wells, BA5 is around £277,885 which varies based on type of property you are interested in and ranges from £192,691 for detached house to around £317,819 for semi-detached. Similarly terraced house is around £268,300. Values have been changing and have risen £646 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,389 in last 6 months, £19,804 in last 1 year, £24,487 in last 2 years, £30,778 in last 3 years, £32,499 in last 4 years and £33,013 in last 5 years.
Currently average asking price of a property in Southover, Wells, BA5 is around £376,820 based on approximately 4 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 Southover, Wells, BA5 is £277,885. Average asking price is £376,820 while average price paid is £186,487 which is up by £19,804 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 Southover, Wells, BA5 area. In last 1 year alone average price buyer paid is around £186,487 based on approximately 4 sales in Southover, Wells, BA5 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £182,707. 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 £194,883 for 9 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £198,912 per sale.