Values have been changing and have risen £193 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £899 in last 6 months, £5,301 in last 1 year, £7,124 in last 2 years, £11,515 in last 3 years, £7,376 in last 4 years and £5,133 in last 5 years.
Currently average asking price of a property in Fernlea Close, Washington, NE38 is around £173,633 based on approximately 1 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £615 per month.
Estimated property value in Fernlea Close, Washington, NE38 is £102,175. Average asking price is £173,633 while average price paid is £95,000 which is up by £5,301 and Avg. asking rent £615.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 Fernlea Close, Washington, NE38 area. In last 1 year alone average price buyer paid is around £95,000 based on approximately 1 sales in Fernlea Close, Washington, NE38 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £87,500. 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 £87,333 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £93,900 per sale.