Values have been changing and have risen £49 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £314 in last 6 months, £10,124 in last 1 year, £16,905 in last 2 years, £19,275 in last 3 years, £20,781 in last 4 years and £17,799 in last 5 years.
Currently average asking price of a property in Chester Road, Manchester, M16 is around £296,801 based on approximately 4 properties for sale. Same is the case with rental options based on 96 properties up for rent, average asking rent is around £716 per month.
Estimated property value in Chester Road, Manchester, M16 is £182,692. Average asking price is £296,801 while average price paid is £97,250 which is up by £10,124 and Avg. asking rent £716.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 Road, Manchester, M16 area. In last 1 year alone average price buyer paid is around £97,250 based on approximately 4 sales in Chester Road, Manchester, M16 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £113,750. 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 £115,653 for 13 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £115,395 per sale.