Values have been changing and have risen £371 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £689 in last 6 months, £2,702 in last 1 year, £6,991 in last 2 years, £7,782 in last 3 years, £7,606 in last 4 years and £8,498 in last 5 years.
Currently average asking price of a property in Chainmakers Gate, Telford, TF4 is around £181,624 based on approximately 1 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £632 per month.
Estimated property value in Chainmakers Gate, Telford, TF4 is £84,192. Average asking price is £181,624 while average price paid is £70,000 which is up by £2,702 and Avg. asking rent £632.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 Chainmakers Gate, Telford, TF4 area. In last 1 year alone average price buyer paid is around £70,000 based on approximately 1 sales in Chainmakers Gate, Telford, TF4 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £72,000. 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 £72,000 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £72,000 per sale.