Average Price for property in Broom Lane, Salford, M7 is around £377,808 which varies based on type of property you are interested in and ranges from £418,552 for detached house to around £361,511 for semi-detached. Values have been changing and have risen £231 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,016 in last 6 months, £20,838 in last 1 year, £35,036 in last 2 years, £33,578 in last 3 years, £34,185 in last 4 years and £23,552 in last 5 years.
Currently average asking price of a property in Broom Lane, Salford, M7 is around £208,877 based on approximately 1 properties for sale. Same is the case with rental options based on 114 properties up for rent, average asking rent is around £731 per month.
Estimated property value in Broom Lane, Salford, M7 is £377,808. Average asking price is £208,877 while average price paid is £249,950 which is up by £20,838 and Avg. asking rent £731.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 Broom Lane, Salford, M7 area. In last 1 year alone average price buyer paid is around £249,950 based on approximately 1 sales in Broom Lane, Salford, M7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £232,475. 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 £271,650 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £271,650 per sale.