Wellhead, Mere, Warminster, BA12

Street Guide For Wellhead, Mere, Warminster, BA12

 

Wellhead, Mere, Warminster, BA12 Map

Estimated Price: £203,526
Average Asking Price: £351,657
Price change in last one year: £15,742
Average Price Paid: £120,000
Average Rent Rates: £952

 

Property Prices Breakdown in Wellhead, Mere, Warminster, BA12

Average Price for property in Wellhead, Mere, Warminster, BA12 is around £203,526 which varies based on type of property you are interested in and ranges from £262,838 for detached house to around £127,678 for semi-detached. Similarly terraced house is around £155,238. Values have been changing and have risen £780 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,957 in last 6 months, £15,742 in last 1 year, £19,323 in last 2 years, £21,499 in last 3 years, £25,230 in last 4 years and £25,403 in last 5 years.

Currently average asking price of a property in Wellhead, Mere, Warminster, BA12 is around £351,657 based on approximately 0 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £952 per month.

Estimated property value in Wellhead, Mere, Warminster, BA12 is £203,526. Average asking price is £351,657 while average price paid is £110,000 which is up by £21,499 and Avg. asking rent £952.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 Wellhead, Mere, Warminster, BA12 area. In last 3 years alone average price buyer paid is around £110,000 based on approximately 1 sales in Wellhead, Mere, Warminster, BA12 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £120,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £120,000 for 2 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 £123,374, £192,823 for a 2 bedroom house, £264,942 for a 3 bedroom house, £473,366 for a 4 bedroom house and £723,203 for a 5 bedroom house. For a flat similarly the prices varies from £94,350 for a single bedroom to £146,107 for a 2 bedroom Flat. To sum up the asking prices for properties in Wellhead, Mere, Warminster, BA12 it comes to around average £108,862 for 1 bedroom property, £182,914 for 2 bedroom, £264,942 for 3 bedroom, £473,366 for 4 bedroom and £723,203 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 £494 for 1 bedroom to £664 for 2 bedrooms, £885 for 3 bedrooms, £1,460 for 4 bedrooms and £1,548 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £574. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £576 and £598 for 3 bedroom. You should be generally be expecting around average £547 rent per month for single bedroom property, £653 for 2 bedroom, £849 for 3 bedroom, £1,460 for 4 bedroom and approximately £1,548 for a 5 bedroom property in Wellhead, Mere, Warminster, BA12 area.

Popular Houses in Wellhead, Mere, Warminster, BA12

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 Wellhead, Mere, Warminster, BA12