Values have been changing and have risen £430 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £825 in last 6 months, £2,643 in last 1 year, £6,005 in last 2 years, £8,879 in last 3 years, £8,667 in last 4 years and £8,166 in last 5 years.
Currently average asking price of a property in Hills Lane Drive, Madeley, Telford, TF7 is around £148,501 based on approximately 2 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 Hills Lane Drive, Madeley, Telford, TF7 is £85,979. Average asking price is £148,501 while average price paid is £74,000 which is up by £2,643 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 Hills Lane Drive, Madeley, Telford, TF7 area. In last 1 year alone average price buyer paid is around £74,000 based on approximately 2 sales in Hills Lane Drive, Madeley, Telford, TF7 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £78,250. 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 £78,950 for 11 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £84,880 per sale.