Average Price for property in Faraday Avenue, Manchester, M8 is around £76,031 which varies based on type of property you are interested in and ranges from £105,777 for semi-detached to around £74,841 for terraced house. Values have been changing and have risen £257 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £194 in last 6 months, £4,940 in last 1 year, £6,677 in last 2 years, £6,127 in last 3 years, £6,075 in last 4 years and £4,488 in last 5 years.
Currently average asking price of a property in Faraday Avenue, Manchester, M8 is around £155,315 based on approximately 1 properties for sale. Same is the case with rental options based on 79 properties up for rent, average asking rent is around £590 per month.
Estimated property value in Faraday Avenue, Manchester, M8 is £76,031. Average asking price is £155,315 while average price paid is £85,000 which is up by £4,940 and Avg. asking rent £590.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 Faraday Avenue, Manchester, M8 area. In last 1 year alone average price buyer paid is around £85,000 based on approximately 1 sales in Faraday Avenue, Manchester, M8 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £83,750. 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 £84,000 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £86,166 per sale.