Values have been changing and have risen £1,148 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,090 in last 6 months, £17,919 in last 1 year, £33,048 in last 2 years, £40,015 in last 3 years, £37,984 in last 4 years and £37,500 in last 5 years.
Currently average asking price of a property in College Piece, Mortimer, Reading, RG7 is around £598,918 based on approximately 1 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £5,497 per month.
Estimated property value in College Piece, Mortimer, Reading, RG7 is £241,458. Average asking price is £598,918 while average price paid is £220,000 which is up by £17,919 and Avg. asking rent £5,497.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 College Piece, Mortimer, Reading, RG7 area. In last 1 year alone average price buyer paid is around £220,000 based on approximately 1 sales in College Piece, Mortimer, Reading, RG7 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £209,666. 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 £201,545 for 11 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £191,882 per sale.