Average Price for property in Ringwood is around £450,176 which varies based on type of property you are interested in and ranges from £560,765 for detached house to around £300,476 for semi-detached. Similarly terraced house is around £259,459 and a flat is worth £188,779. Values have been changing and have risen £8,153 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £21,671 in last 6 months, £35,473 in last 1 year, £75,894 in last 2 years, £70,915 in last 3 years, £69,229 in last 4 years and £62,649 in last 5 years.
Currently average asking price of a property in Ringwood is around £638,127 based on approximately 392 properties for sale. Same is the case with rental options based on 24 properties up for rent, average asking rent is around £1,753 per month.
Estimated property value in Ringwood is £450,176. Average asking price is £638,127 while average price paid is £386,369 which is up by £35,473 and Avg. asking rent £1,753.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 Ringwood area. In last 1 year alone average price buyer paid is around £386,369 based on approximately 392 sales in Ringwood area alone. If you compare it to last 3 years sales of 1,127 properties where buyers paid around £363,931. 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 £359,551 for 1,845 and average amount paid for purchase of approx. 2,473 properties sold in last 7 years comes to about £354,401 per sale.