Values have been changing and have risen £1,626 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,677 in last 6 months, £19,857 in last 1 year, £35,719 in last 2 years, £40,993 in last 3 years, £39,045 in last 4 years and £40,218 in last 5 years.
Currently average asking price of a property in Armstrong Way, Woodley, Reading, RG5 is around £368,387 based on approximately 6 properties for sale. Same is the case with rental options based on 13 properties up for rent, average asking rent is around £1,867 per month.
Estimated property value in Armstrong Way, Woodley, Reading, RG5 is £259,225. Average asking price is £368,387 while average price paid is £206,916 which is up by £19,857 and Avg. asking rent £1,867.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 Armstrong Way, Woodley, Reading, RG5 area. In last 1 year alone average price buyer paid is around £206,916 based on approximately 6 sales in Armstrong Way, Woodley, Reading, RG5 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £201,125. 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 £199,997 for 21 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £202,581 per sale.