Average Price for property in Hermitage Way, Madeley, Telford, TF7 is around £206,341 which varies based on type of property you are interested in and ranges from £208,309 for detached house to around £177,821 for semi-detached. Values have been changing and have risen £1,032 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,978 in last 6 months, £6,337 in last 1 year, £14,397 in last 2 years, £21,286 in last 3 years, £20,768 in last 4 years and £19,559 in last 5 years.
Currently average asking price of a property in Hermitage Way, Madeley, Telford, TF7 is around £148,501 based on approximately 0 properties for sale. Same is the case with rental options based on 84 properties up for rent, average asking rent is around £1,072 per month.
Estimated property value in Hermitage Way, Madeley, Telford, TF7 is £206,341. Average asking price is £148,501 while average price paid is £220,666 which is up by £21,286 and Avg. asking rent £1,072.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 Hermitage Way, Madeley, Telford, TF7 area. In last 3 years alone average price buyer paid is around £220,666 based on approximately 3 sales in Hermitage Way, Madeley, Telford, TF7 area alone. If you compare it to last 5 years sales of 7 properties where buyers paid around £199,278. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £191,034 for 13 per sale.