Summerleaze Park, Shepton Mallet, BA4

Street Guide For Summerleaze Park, Shepton Mallet, BA4

 

Summerleaze Park, Shepton Mallet, BA4 Map

Estimated Price: £149,839
Average Asking Price: £338,542
Price change in last one year: £10,095
Average Price Paid: £113,830
Average Rent Rates: £1,537

 

Property Prices Breakdown in Summerleaze Park, Shepton Mallet, BA4

Values have been changing and have risen £466 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £119 in last 6 months, £10,095 in last 1 year, £13,006 in last 2 years, £16,027 in last 3 years, £15,612 in last 4 years and £14,368 in last 5 years.

Currently average asking price of a property in Summerleaze Park, Shepton Mallet, BA4 is around £338,542 based on approximately 3 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £1,537 per month.

Estimated property value in Summerleaze Park, Shepton Mallet, BA4 is £149,839. Average asking price is £338,542 while average price paid is £108,998 which is up by £10,095 and Avg. asking rent £1,537.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 Summerleaze Park, Shepton Mallet, BA4 area. In last 1 year alone average price buyer paid is around £108,998 based on approximately 3 sales in Summerleaze Park, Shepton Mallet, BA4 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £108,748. 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 £113,830 for 13 and average amount paid for purchase of approx. 48 properties sold in last 7 years comes to about £132,591 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £117,000, £176,653 for a 2 bedroom house, £199,479 for a 3 bedroom house, £336,141 for a 4 bedroom house and £564,629 for a 5 bedroom house. For a flat similarly the prices varies from £107,975 for a single bedroom to £128,300 for a 2 bedroom Flat. To sum up the asking prices for properties in Summerleaze Park, Shepton Mallet, BA4 it comes to around average £112,488 for 1 bedroom property, £169,018 for 2 bedroom, £199,479 for 3 bedroom, £336,141 for 4 bedroom and £564,629 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £660 for 2 bedroom to £1,149 for 3 bedroom, £923 for 4 bedroom and £2,951 for 5 bedroom. You should be generally be expecting around average £660 rent per month for 2 bedroom property, £1,149 for 3 bedroom, £923 for 4 bedroom and approximately £2,951 for 5 bedroom property in Summerleaze Park, Shepton Mallet, BA4 area.

Popular Houses in Summerleaze Park, Shepton Mallet, BA4

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Summerleaze Park, Shepton Mallet, BA4