Values have been changing and have risen £521 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £343 in last 6 months, £1,909 in last 1 year, £4,418 in last 2 years, £2,592 in last 3 years, £3,384 in last 4 years and £3,290 in last 5 years.
Currently average asking price of a property in Allendale Road, Ormesby, Middlesbrough, TS7 is around £270,385 based on approximately 4 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £648 per month.
Estimated property value in Allendale Road, Ormesby, Middlesbrough, TS7 is £72,373. Average asking price is £270,385 while average price paid is £117,699 which is up by £1,909 and Avg. asking rent £648.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 Allendale Road, Ormesby, Middlesbrough, TS7 area. In last 1 year alone average price buyer paid is around £117,699 based on approximately 4 sales in Allendale Road, Ormesby, Middlesbrough, TS7 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £97,223. 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 £95,206 for 16 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £93,782 per sale.