Values have been changing and have risen £75 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £498 in last 6 months, £7,807 in last 1 year, £14,381 in last 2 years, £15,232 in last 3 years, £15,119 in last 4 years and £12,860 in last 5 years.
Currently average asking price of a property in George Street, York, YO1 is around £353,925 based on approximately 4 properties for sale. Same is the case with rental options based on 66 properties up for rent, average asking rent is around £1,704 per month.
Estimated property value in George Street, York, YO1 is £173,981. Average asking price is £353,925 while average price paid is £180,125 which is up by £7,807 and Avg. asking rent £1,704.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 George Street, York, YO1 area. In last 1 year alone average price buyer paid is around £180,125 based on approximately 4 sales in George Street, York, YO1 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £189,961. 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 £185,966 for 15 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £176,157 per sale.