Values have been changing and have risen £130 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £72 in last 6 months, £5,901 in last 1 year, £8,150 in last 2 years, £14,530 in last 3 years, £13,041 in last 4 years and £10,855 in last 5 years.
Currently average asking price of a property in Faversham Avenue, Hull, HU4 is around £133,003 based on approximately 2 properties for sale. Same is the case with rental options based on 49 properties up for rent, average asking rent is around £595 per month.
Estimated property value in Faversham Avenue, Hull, HU4 is £145,343. Average asking price is £133,003 while average price paid is £121,750 which is up by £5,901 and Avg. asking rent £595.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 Faversham Avenue, Hull, HU4 area. In last 1 year alone average price buyer paid is around £121,750 based on approximately 2 sales in Faversham Avenue, Hull, HU4 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £126,500. 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 £118,540 for 11 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £119,079 per sale.