Average Price for property in Ellesmere is around £225,224 which varies based on type of property you are interested in and ranges from £295,323 for detached house to around £158,258 for semi-detached. Similarly terraced house is around £129,646 and a flat is worth £111,400. Values have been changing and have risen £2,889 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,063 in last 6 months, £18,809 in last 1 year, £25,127 in last 2 years, £30,079 in last 3 years, £28,209 in last 4 years and £22,757 in last 5 years.
Currently average asking price of a property in Ellesmere is around £299,861 based on approximately 115 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £703 per month.
Estimated property value in Ellesmere is £225,224. Average asking price is £299,861 while average price paid is £200,748 which is up by £18,809 and Avg. asking rent £703.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 Ellesmere area. In last 1 year alone average price buyer paid is around £200,748 based on approximately 115 sales in Ellesmere area alone. If you compare it to last 3 years sales of 321 properties where buyers paid around £196,118. 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 £193,579 for 472 and average amount paid for purchase of approx. 652 properties sold in last 7 years comes to about £193,631 per sale.