Trowbridge

Area Guide For Trowbridge

Trowbridge is the district town of Wiltshire, England on the Biss in the west of the region, 8 miles (13 km) south east of Bath, Somerset, from which is it differentiated by the Mendip Hills which climb 3 miles (4.8 km) to the west. Trowbridge has a route station on the Wessex Main Line. On 5 September 1848, the first prepare steamed through as the Wilts, Somerset and Weymouth Railway was made. Long a business town, the Kennet and Avon channel rushes to the north of Trowbridge and had instrumental impact in the town's advancement as it empowered coal to be transported from the Somerset Coalfield along these lines denoted the approach of steam-fueled assembling in woolen fabric plants. The town was principal maker of this backbone of contemporary dress and covers in south west England in the late eighteenth and early nineteenth hundreds of years by which time it held the moniker "The Manchester of the West.

 
 

Trowbridge Map

Estimated Price: £226,247
Average Asking Price: £273,194
Price change in last one year: £19,397
Average Price Paid: £188,789
Average Rent Rates: £675

 
 

Property Prices Breakdown in Trowbridge

Average Price for property in Trowbridge is around £226,247 which varies based on type of property you are interested in and ranges from £320,036 for detached house to around £202,386 for semi-detached. Similarly terraced house is around £164,751 and a flat is worth £120,133. Values have been changing and have risen £1,902 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,564 in last 6 months, £19,397 in last 1 year, £29,175 in last 2 years, £36,021 in last 3 years, £29,431 in last 4 years and £28,557 in last 5 years.

Currently average asking price of a property in Trowbridge is around £273,194 based on approximately 855 properties for sale. Same is the case with rental options based on 91 properties up for rent, average asking rent is around £675 per month.

Estimated property value in Trowbridge is £226,247. Average asking price is £273,194 while average price paid is £196,367 which is up by £19,397 and Avg. asking rent £675.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 Trowbridge area. In last 1 year alone average price buyer paid is around £196,367 based on approximately 855 sales in Trowbridge area alone. If you compare it to last 3 years sales of 2,410 properties where buyers paid around £188,557. 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 £188,789 for 3,744 and average amount paid for purchase of approx. 5,112 properties sold in last 7 years comes to about £188,088 per sale.

 
 

Properties For Sale in Trowbridge

 
 

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 £111,975, £167,959 for a 2 bedroom house, £228,479 for a 3 bedroom house, £295,863 for a 4 bedroom house and £379,234 for a 5 bedroom house. For a flat similarly the prices varies from £95,231 for a single bedroom to £120,884 for a 2 bedroom Flat. To sum up the asking prices for properties in Trowbridge it comes to around average £96,826 for 1 bedroom property, £146,289 for 2 bedroom, £228,479 for 3 bedroom, £295,863 for 4 bedroom and £379,234 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 £377 for 1 bedroom to £679 for 2 bedrooms, £777 for 3 bedrooms, £1,205 for 4 bedrooms and £1,248 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £441. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £561. You should be generally be expecting around average £434 rent per month for single bedroom property, £617 for 2 bedroom, £777 for 3 bedroom, £1,205 for 4 bedroom and approximately £1,248 for a 5 bedroom property in Trowbridge area.

Popular Houses in Trowbridge

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.

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