Average Price for property in Gainsborough Way, Telford, TF5 is around £222,700 e.g. average price for detached house is around 222,700. Values have been changing and have risen £805 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,303 in last 6 months, £9,189 in last 1 year, £16,996 in last 2 years, £23,704 in last 3 years, £22,516 in last 4 years and £19,120 in last 5 years.
Currently average asking price of a property in Gainsborough Way, Telford, TF5 is around £266,893 based on approximately 1 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £743 per month.
Estimated property value in Gainsborough Way, Telford, TF5 is £222,700. Average asking price is £266,893 while average price paid is £210,000 which is up by £9,189 and Avg. asking rent £743.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 Gainsborough Way, Telford, TF5 area. In last 1 year alone average price buyer paid is around £210,000 based on approximately 1 sales in Gainsborough Way, Telford, TF5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £193,666. 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 £197,250 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £197,250 per sale.