Average Price for property in Ferndale is around £66,832 which varies based on type of property you are interested in and ranges from £140,148 for detached house to around £83,776 for semi-detached. Similarly terraced house is around £63,438 and a flat is worth £69,857. Values have been changing and have risen £411 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,167 in last 6 months, £3,345 in last 1 year, £4,899 in last 2 years, £5,546 in last 3 years, £5,872 in last 4 years and £3,230 in last 5 years.
Currently average asking price of a property in Ferndale is around £69,262 based on approximately 100 properties for sale. Same is the case with rental options based on 51 properties up for rent, average asking rent is around £381 per month.
Estimated property value in Ferndale is £66,832. Average asking price is £69,262 while average price paid is £50,519 which is up by £3,345 and Avg. asking rent £381.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 Ferndale area. In last 1 year alone average price buyer paid is around £50,519 based on approximately 100 sales in Ferndale area alone. If you compare it to last 3 years sales of 288 properties where buyers paid around £52,419. 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 £52,821 for 498 and average amount paid for purchase of approx. 735 properties sold in last 7 years comes to about £54,278 per sale.