Values have been changing and have risen £389 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,360 in last 6 months, £6,681 in last 1 year, £10,255 in last 2 years, £12,571 in last 3 years, £11,606 in last 4 years and £10,791 in last 5 years.
Currently average asking price of a property in Churchill Drive, Newark, NG24 is around £1,410,846 based on approximately 1 properties for sale. Same is the case with rental options based on 68 properties up for rent, average asking rent is around £39,905 per month.
Estimated property value in Churchill Drive, Newark, NG24 is £106,614. Average asking price is £1,410,846 while average price paid is £104,000 which is up by £6,681 and Avg. asking rent £39,905.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 Churchill Drive, Newark, NG24 area. In last 1 year alone average price buyer paid is around £104,000 based on approximately 1 sales in Churchill Drive, Newark, NG24 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £92,666. 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 £84,400 for 10 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £87,285 per sale.