The Lerburne, Wedmore, BS28

Street Guide For The Lerburne, Wedmore, BS28

 

The Lerburne, Wedmore, BS28 Map

Estimated Price: £428,319
Average Asking Price: £585,571
Price change in last one year: £34,990
Average Price Paid: £369,166
Average Rent Rates: £867

 

Property Prices Breakdown in The Lerburne, Wedmore, BS28

Average Price for property in The Lerburne, Wedmore, BS28 is around £428,319 which varies based on type of property you are interested in and ranges from £424,622 for detached house to around £439,409 for semi-detached. Values have been changing and have risen £2,513 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,586 in last 6 months, £34,990 in last 1 year, £56,560 in last 2 years, £60,049 in last 3 years, £64,127 in last 4 years and £62,094 in last 5 years.

Currently average asking price of a property in The Lerburne, Wedmore, BS28 is around £585,571 based on approximately 2 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £867 per month.

Estimated property value in The Lerburne, Wedmore, BS28 is £428,319. Average asking price is £585,571 while average price paid is £395,000 which is up by £34,990 and Avg. asking rent £867.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 The Lerburne, Wedmore, BS28 area. In last 1 year alone average price buyer paid is around £395,000 based on approximately 2 sales in The Lerburne, Wedmore, BS28 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £395,000. 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 £369,166 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £374,625 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 2 bedroom is around £245,000, £354,243 for a 3 bedroom house, £656,165 for a 4 bedroom house and £970,833 for a 5 bedroom house. For a flat similarly the prices varies from £145,000 for a single bedroom to £169,950 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £319,500. To sum up the asking prices for properties in The Lerburne, Wedmore, BS28 it comes to around average £145,000 for 1 bedroom property, £219,983 for 2 bedroom, £350,156 for 3 bedroom, £656,165 for 4 bedroom and £970,833 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 is £867 for 3 bedroom. You should be generally be expecting around average £867 rent per month for 3 bedroom property in The Lerburne, Wedmore, BS28 area.

Popular Houses in The Lerburne, Wedmore, BS28

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 The Lerburne, Wedmore, BS28