Values have been changing and have risen £1,486 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,442 in last 6 months, £12,498 in last 1 year, £23,694 in last 2 years, £21,558 in last 3 years, £18,759 in last 4 years and £19,582 in last 5 years.
Currently average asking price of a property in Balmoral Terrace, York, YO23 is around £358,925 based on approximately 5 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £845 per month.
Estimated property value in Balmoral Terrace, York, YO23 is £186,795. Average asking price is £358,925 while average price paid is £201,106 which is up by £12,498 and Avg. asking rent £845.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 Balmoral Terrace, York, YO23 area. In last 1 year alone average price buyer paid is around £201,106 based on approximately 5 sales in Balmoral Terrace, York, YO23 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £168,335. 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 £159,713 for 24 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £159,782 per sale.