Values have been changing and have risen £580 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,073 in last 6 months, £2,263 in last 1 year, £3,998 in last 2 years, £2,823 in last 3 years, £3,522 in last 4 years and £3,287 in last 5 years.
Currently average asking price of a property in Elmhurst Gardens, Hemlington, Middlesbrough, TS8 is around £196,541 based on approximately 1 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £530 per month.
Estimated property value in Elmhurst Gardens, Hemlington, Middlesbrough, TS8 is £64,952. Average asking price is £196,541 while average price paid is £72,750 which is up by £2,263 and Avg. asking rent £530.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 Elmhurst Gardens, Hemlington, Middlesbrough, TS8 area. In last 1 year alone average price buyer paid is around £72,750 based on approximately 1 sales in Elmhurst Gardens, Hemlington, Middlesbrough, TS8 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £57,375. 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 £57,375 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £63,375 per sale.