Values have been changing and have risen £194 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £642 in last 6 months, £1,927 in last 1 year, £7,004 in last 2 years, £7,445 in last 3 years, £8,219 in last 4 years and £6,752 in last 5 years.
Currently average asking price of a property in Forest Way, Shrewsbury, SY2 is around £252,447 based on approximately 1 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £1,504 per month.
Estimated property value in Forest Way, Shrewsbury, SY2 is £108,673. Average asking price is £252,447 while average price paid is £82,500 which is up by £1,927 and Avg. asking rent £1,504.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 Forest Way, Shrewsbury, SY2 area. In last 1 year alone average price buyer paid is around £82,500 based on approximately 1 sales in Forest Way, Shrewsbury, SY2 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £78,750. 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 £98,375 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £100,900 per sale.