Average Price for property in AL2 is around £442,684 which varies based on type of property you are interested in and ranges from £638,122 for detached house to around £435,213 for semi-detached. Similarly terraced house is around £350,086 and a flat is worth £245,896. Values have been changing and have risen £1,972 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,813 in last 6 months, £40,666 in last 1 year, £61,550 in last 2 years, £79,446 in last 3 years, £70,916 in last 4 years and £79,176 in last 5 years.
Currently average asking price of a property in AL2 is around £504,347 based on approximately 396 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £2,080 per month.
Estimated property value in AL2 is £442,684. Average asking price is £504,347 while average price paid is £360,820 which is up by £40,666 and Avg. asking rent £2,080.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 AL2 area. In last 1 year alone average price buyer paid is around £360,820 based on approximately 396 sales in AL2 area alone. If you compare it to last 3 years sales of 1,054 properties where buyers paid around £350,571. 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 £345,565 for 1,646 and average amount paid for purchase of approx. 2,164 properties sold in last 7 years comes to about £333,519 per sale.