Average Price for property in Chester is around £244,918 which varies based on type of property you are interested in and ranges from £363,644 for detached house to around £213,154 for semi-detached. Similarly terraced house is around £184,117 and a flat is worth £183,538. Values have been changing and have risen £2,857 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,356 in last 6 months, £14,294 in last 1 year, £29,480 in last 2 years, £25,009 in last 3 years, £23,458 in last 4 years and £23,706 in last 5 years.
Currently average asking price of a property in Chester is around £270,543 based on approximately 1,872 properties for sale. Same is the case with rental options based on 325 properties up for rent, average asking rent is around £2,926 per month.
Estimated property value in Chester is £244,918. Average asking price is £270,543 while average price paid is £213,270 which is up by £14,294 and Avg. asking rent £2,926.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 Chester area. In last 1 year alone average price buyer paid is around £213,270 based on approximately 1,872 sales in Chester area alone. If you compare it to last 3 years sales of 5,320 properties where buyers paid around £209,408. 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 £206,723 for 8,238 and average amount paid for purchase of approx. 10,863 properties sold in last 7 years comes to about £204,211 per sale.