Average Price for property in Longhope is around £350,471 which varies based on type of property you are interested in and ranges from £305,071 for detached house to around £183,386 for semi-detached. Similarly terraced house is around £159,569 and a flat is worth £107,915. Values have been changing and have risen £4,580 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,122 in last 6 months, £44,846 in last 1 year, £36,101 in last 2 years, £33,996 in last 3 years, £30,096 in last 4 years and £40,492 in last 5 years.
Currently average asking price of a property in Longhope is around £389,755 based on approximately 26 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £494 per month.
Estimated property value in Longhope is £350,471. Average asking price is £389,755 while average price paid is £246,479 which is up by £44,846 and Avg. asking rent £494.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 Longhope area. In last 1 year alone average price buyer paid is around £246,479 based on approximately 26 sales in Longhope area alone. If you compare it to last 3 years sales of 67 properties where buyers paid around £238,274. 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 £252,098 for 105 and average amount paid for purchase of approx. 137 properties sold in last 7 years comes to about £255,085 per sale.