Average Price for property in Cherry Tree Close, Wellington, Telford, TF1 is around £380,971 which varies based on type of property you are interested in and ranges from £386,916 for detached house to around £244,239 for semi-detached. Values have been changing and have risen £1,149 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,425 in last 6 months, £17,685 in last 1 year, £28,317 in last 2 years, £37,795 in last 3 years, £38,249 in last 4 years and £35,364 in last 5 years.
Currently average asking price of a property in Cherry Tree Close, Wellington, Telford, TF1 is around £181,798 based on approximately 2 properties for sale. Same is the case with rental options based on 94 properties up for rent, average asking rent is around £967 per month.
Estimated property value in Cherry Tree Close, Wellington, Telford, TF1 is £380,971. Average asking price is £181,798 while average price paid is £382,500 which is up by £17,685 and Avg. asking rent £967.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 Cherry Tree Close, Wellington, Telford, TF1 area. In last 1 year alone average price buyer paid is around £382,500 based on approximately 2 sales in Cherry Tree Close, Wellington, Telford, TF1 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £364,666. 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 £362,564 for 7 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £346,854 per sale.