Average Price for property in Great Lea Terrace, Three Mile Cross, Reading, RG7 is around £205,835 which varies based on type of property you are interested in and ranges from £217,351 for terraced house to around £159,777 for a flat. Values have been changing and have risen £917 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,266 in last 6 months, £14,310 in last 1 year, £26,393 in last 2 years, £31,960 in last 3 years, £30,340 in last 4 years and £29,953 in last 5 years.
Currently average asking price of a property in Great Lea Terrace, Three Mile Cross, Reading, RG7 is around £598,918 based on approximately 1 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £5,497 per month.
Estimated property value in Great Lea Terrace, Three Mile Cross, Reading, RG7 is £205,835. Average asking price is £598,918 while average price paid is £124,000 which is up by £14,310 and Avg. asking rent £5,497.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 Great Lea Terrace, Three Mile Cross, Reading, RG7 area. In last 1 year alone average price buyer paid is around £124,000 based on approximately 1 sales in Great Lea Terrace, Three Mile Cross, Reading, RG7 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £138,666. 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 £138,666 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £138,666 per sale.