Average Price for property in FY4 is around £122,304 which varies based on type of property you are interested in and ranges from £218,202 for detached house to around £129,321 for semi-detached. Similarly terraced house is around £94,342 and a flat is worth £85,681. Values have been changing and have risen £1,319 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,406 in last 6 months, £6,021 in last 1 year, £13,509 in last 2 years, £12,041 in last 3 years, £11,676 in last 4 years and £8,545 in last 5 years.
Currently average asking price of a property in FY4 is around £149,644 based on approximately 472 properties for sale. Same is the case with rental options based on 172 properties up for rent, average asking rent is around £533 per month.
Estimated property value in FY4 is £122,304. Average asking price is £149,644 while average price paid is £114,218 which is up by £6,021 and Avg. asking rent £533.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 FY4 area. In last 1 year alone average price buyer paid is around £114,218 based on approximately 472 sales in FY4 area alone. If you compare it to last 3 years sales of 1,360 properties where buyers paid around £111,562. 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 £113,091 for 2,131 and average amount paid for purchase of approx. 3,049 properties sold in last 7 years comes to about £115,860 per sale.