Average Price for property in Bangor is around £161,057 which varies based on type of property you are interested in and ranges from £242,394 for detached house to around £163,906 for semi-detached. Similarly terraced house is around £126,827 and a flat is worth £98,631. Values have been changing and have risen £1,076 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,021 in last 6 months, £335 in last 1 year, £9,445 in last 2 years, £8,078 in last 3 years, £9,329 in last 4 years and £9,974 in last 5 years.
Currently average asking price of a property in Bangor is around £226,434 based on approximately 234 properties for sale. Same is the case with rental options based on 609 properties up for rent, average asking rent is around £1,035 per month.
Estimated property value in Bangor is £161,057. Average asking price is £226,434 while average price paid is £151,341 which is up by £335 and Avg. asking rent £1,035.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 Bangor area. In last 1 year alone average price buyer paid is around £151,341 based on approximately 234 sales in Bangor area alone. If you compare it to last 3 years sales of 726 properties where buyers paid around £148,107. 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 £148,730 for 1,206 and average amount paid for purchase of approx. 1,598 properties sold in last 7 years comes to about £148,807 per sale.