Values have been changing and have risen £373 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £155 in last 6 months, £1,947 in last 1 year, £3,239 in last 2 years, £1,798 in last 3 years, £2,651 in last 4 years and £1,363 in last 5 years.
Currently average asking price of a property in Kings Road, North Ormesby, Middlesbrough, TS3 is around £80,222 based on approximately 1 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £790 per month.
Estimated property value in Kings Road, North Ormesby, Middlesbrough, TS3 is £77,686. Average asking price is £80,222 while average price paid is £124,995 which is up by £1,947 and Avg. asking rent £790.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 Kings Road, North Ormesby, Middlesbrough, TS3 area. In last 1 year alone average price buyer paid is around £124,995 based on approximately 1 sales in Kings Road, North Ormesby, Middlesbrough, TS3 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £74,997. 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 £90,832 for 6 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £77,295 per sale.