Average Price for property in Wellington is around £233,267 which varies based on type of property you are interested in and ranges from £336,702 for detached house to around £206,615 for semi-detached. Similarly terraced house is around £164,721 and a flat is worth £109,893. Values have been changing and have risen £151 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,914 in last 6 months, £11,169 in last 1 year, £19,770 in last 2 years, £22,125 in last 3 years, £12,363 in last 4 years and £27,678 in last 5 years.
Currently average asking price of a property in Wellington is around £271,209 based on approximately 348 properties for sale. Same is the case with rental options based on 36 properties up for rent, average asking rent is around £1,343 per month.
Estimated property value in Wellington is £233,267. Average asking price is £271,209 while average price paid is £211,158 which is up by £11,169 and Avg. asking rent £1,343.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 Wellington area. In last 1 year alone average price buyer paid is around £211,158 based on approximately 348 sales in Wellington area alone. If you compare it to last 3 years sales of 935 properties where buyers paid around £206,540. 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 £207,103 for 1,508 and average amount paid for purchase of approx. 1,923 properties sold in last 7 years comes to about £203,849 per sale.