Average Price for property in Town Lane, Shepton Mallet, BA4 is around £187,153 which varies based on type of property you are interested in and ranges from £376,727 for detached house to around £108,845 for semi-detached. Similarly terraced house is around £145,379 and a flat is worth £136,963. Values have been changing and have risen £582 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £147 in last 6 months, £12,608 in last 1 year, £16,241 in last 2 years, £20,016 in last 3 years, £19,497 in last 4 years and £17,943 in last 5 years.
Currently average asking price of a property in Town Lane, 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 Town Lane, Shepton Mallet, BA4 is £187,153. Average asking price is £338,542 while average price paid is £189,150 which is up by £12,608 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 Town Lane, Shepton Mallet, BA4 area. In last 1 year alone average price buyer paid is around £189,150 based on approximately 3 sales in Town Lane, Shepton Mallet, BA4 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £181,112. 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 £194,880 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £185,066 per sale.