Average Price for property in Drake Avenue, Wythenshawe, Manchester, M22 is around £142,874 which varies based on type of property you are interested in and ranges from £136,930 for detached house to around £144,800 for semi-detached. Similarly terraced house is around £143,273 and a flat is worth £97,969. Values have been changing and have risen £323 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,356 in last 6 months, £8,518 in last 1 year, £14,636 in last 2 years, £15,223 in last 3 years, £15,343 in last 4 years and £12,087 in last 5 years.
Currently average asking price of a property in Drake Avenue, Wythenshawe, Manchester, M22 is around £172,385 based on approximately 3 properties for sale. Same is the case with rental options based on 53 properties up for rent, average asking rent is around £690 per month.
Estimated property value in Drake Avenue, Wythenshawe, Manchester, M22 is £142,874. Average asking price is £172,385 while average price paid is £113,333 which is up by £8,518 and Avg. asking rent £690.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 Drake Avenue, Wythenshawe, Manchester, M22 area. In last 1 year alone average price buyer paid is around £113,333 based on approximately 3 sales in Drake Avenue, Wythenshawe, Manchester, M22 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £107,800. 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 £110,333 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £114,000 per sale.