Watermill Close, Mill Lane, Falfield, Wotton-under-Edge, GL12

Street Guide For Watermill Close, Mill Lane, Falfield, Wotton-under-Edge, GL12

 

Watermill Close, Mill Lane, Falfield, Wotton-under-Edge, GL12 Map

Estimated Price: £259,913
Average Asking Price: £683,417
Price change in last one year: £20,178
Average Price Paid: £190,166
Average Rent Rates: £735

 

Property Prices Breakdown in Watermill Close, Mill Lane, Falfield, Wotton-under-Edge, GL12

Average Price for property in Watermill Close, Mill Lane, Falfield, Wotton-under-Edge, GL12 is around £259,913 which varies based on type of property you are interested in and ranges from £296,544 for detached house to around £234,881 for semi-detached. Similarly terraced house is around £212,296. Values have been changing and have risen £3,490 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,256 in last 6 months, £20,178 in last 1 year, £31,897 in last 2 years, £34,363 in last 3 years, £29,049 in last 4 years and £30,872 in last 5 years.

Currently average asking price of a property in Watermill Close, Mill Lane, Falfield, Wotton-under-Edge, GL12 is around £683,417 based on approximately 3 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £735 per month.

Estimated property value in Watermill Close, Mill Lane, Falfield, Wotton-under-Edge, GL12 is £259,913. Average asking price is £683,417 while average price paid is £192,000 which is up by £20,178 and Avg. asking rent £735.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 Watermill Close, Mill Lane, Falfield, Wotton-under-Edge, GL12 area. In last 1 year alone average price buyer paid is around £192,000 based on approximately 3 sales in Watermill Close, Mill Lane, Falfield, Wotton-under-Edge, GL12 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £189,000. 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 £190,166 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £205,750 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 £218,889, £309,612 for a 3 bedroom house, £489,648 for a 4 bedroom house and £559,660 for a 5 bedroom house. For a flat the prices of 2 bedroom is £162,250. To sum up the asking prices for properties in Watermill Close, Mill Lane, Falfield, Wotton-under-Edge, GL12 it comes to around average £193,716 for 2 bedroom property, £309,612 for 3 bedroom, £489,648 for 4 bedroom and £559,660 for 5 bedroom.

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 £650 for 2 bedroom to £907 for 3 bedroom and £1,001 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £453. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £598. You should be generally be expecting around average £453 rent per month for single bedroom property, £633 for 2 bedroom, £907 for 3 bedroom and approximately £1,001 for 4 bedroom property in Watermill Close, Mill Lane, Falfield, Wotton-under-Edge, GL12 area.

Popular Houses in Watermill Close, Mill Lane, Falfield, Wotton-under-Edge, GL12

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 Watermill Close, Mill Lane, Falfield, Wotton-under-Edge, GL12