11 Oct

Houses for sale in Somerset 'have risen in value'

Houses for sale in Somerset 'have risen in value'

The value of houses for sale in Bath and north-east Somerset has risen over the last three months, it has been revealed.

According to research from Zoopla for MSN, Bath and north-east Somerset experienced one of the highest property value jumps during the last quarter.

During the period, prices rose by 1.7 per cent, which is the equivalent of £4,827 for the average home.

This was the biggest rise in values of all towns in England, while properties for sale in Shropshire rose in price by £3,373 at a rate of 1.74 per cent.

The average home in Bath and north-east Somerset is now valued at £289,000.

Houses for sale in north Somerset did not fare so well in the report, with Zoopla revealing that prices in the area fell during the three-month period.

Costs dropped by 2.46 per cent or £4,600, taking the average value of a property to £187,000.

Last week, Halifax reported that difference in values of properties in the UK over the last three months was below the rate of change seen in 2008.  ADNFCR-1222-ID-800108940-ADNFCR

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