Average Price for property in Welshmill Lane, Frome, BA11 is around £287,471 which varies based on type of property you are interested in and ranges from £446,672 for detached house to around £227,426 for semi-detached. Similarly terraced house is around £213,102. Values have been changing and have risen £1,722 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,924 in last 6 months, £22,886 in last 1 year, £28,256 in last 2 years, £33,646 in last 3 years, £36,421 in last 4 years and £36,589 in last 5 years.
Currently average asking price of a property in Welshmill Lane, Frome, BA11 is around £306,613 based on approximately 1 properties for sale. Same is the case with rental options based on 58 properties up for rent, average asking rent is around £904 per month.
Estimated property value in Welshmill Lane, Frome, BA11 is £287,471. Average asking price is £306,613 while average price paid is £425,000 which is up by £22,886 and Avg. asking rent £904.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 Welshmill Lane, Frome, BA11 area. In last 1 year alone average price buyer paid is around £425,000 based on approximately 1 sales in Welshmill Lane, Frome, BA11 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £290,000. 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 £242,166 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £231,450 per sale.