House prices slowly rising in Keynsham

House prices in Keynsham starting to rise slowly again

In 2009 the average price of a detached house in Keynsham went up by 1.5 per cent  with the trend continuing slightly in the first month of this year, up by 0.1 per pent.

It means the current average price of houses in Keynsham is around ££234,000 for a 3-bed house and around £423,000 for a 4-bed property. And for first time buyers the average house price is £155,526 with deposits requested of £52,965.

That's according to Findaproperty's house price analysis tool, which records property transactions at the postcode and even street level across the UK going back to 1999.

For example the survey shows that the national average price of a house is £217,000, down from £231,000 in January 2008.

One of the reasons property prices in Keynsham and Saltford have trends slightly better than average is the good performances of its Broadlands and Wellsway schools whose performance data rating were well above the national average again last year.

The Findaproperty survey showed for example that from 2000-2009 30 houses were sold in Kelston Road, Keynsham, at an average price of £138,444, in Claverton Road, Saltford, 20 homes were sold at an average of £247,000 while 42 houses changed hands in Chandag Road, Keynsham at an average of £184,044

Meanwhile estate agents across Bristol say the housing market is finally picking up again after last year's slump..

Michael Robson is chief executive of estate agents Andrews, which has eight branches across Bristol.

He said: "My belief is that the property crash is over in Bristol. Lenders are beginning to lend in higher loan to value ratios, according to all the figures house prices are increasing and most importantly consumer confidence has returned.

"My informed prediction is that house prices will continue to rise between seven to ten per cent during 2010. Over the first six weeks of 2010, we bucked the national trend of falling property instructions and we've seen a 48 per cent increase in homes for sale in our branches compared to the same time last year."

Findaproperty is part of the same group of companies as Keynshampeople.