Average Price for property in Banks Drove, Deeping St. Nicholas, Spalding, PE11 is around £211,602 which varies based on type of property you are interested in and ranges from £505,176 for detached house to around £133,128 for semi-detached. Similarly terraced house is around £95,298. Values have been changing and have risen £1,246 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,985 in last 6 months, £14,009 in last 1 year, £24,241 in last 2 years, £25,451 in last 3 years, £25,075 in last 4 years and £18,807 in last 5 years.
Currently average asking price of a property in Banks Drove, Deeping St. Nicholas, Spalding, PE11 is around £201,961 based on approximately 1 properties for sale. Same is the case with rental options based on 26 properties up for rent, average asking rent is around £729 per month.
Estimated property value in Banks Drove, Deeping St. Nicholas, Spalding, PE11 is £211,602. Average asking price is £201,961 while average price paid is £725,000 which is up by £14,009 and Avg. asking rent £729.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 Banks Drove, Deeping St. Nicholas, Spalding, PE11 area. In last 1 year alone average price buyer paid is around £725,000 based on approximately 1 sales in Banks Drove, Deeping St. Nicholas, Spalding, PE11 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £220,250. 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 £182,722 for 9 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £182,722 per sale.