Average Price for property in LA16 is around £162,928 which varies based on type of property you are interested in and ranges from £250,065 for detached house to around £155,330 for semi-detached. Similarly terraced house is around £94,775 and a flat is worth £75,713. Values have been changing and have risen £285 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £967 in last 6 months, £7,531 in last 1 year, £14,212 in last 2 years, £15,556 in last 3 years, £14,430 in last 4 years and £8,425 in last 5 years.
Currently average asking price of a property in LA16 is around £165,490 based on approximately 44 properties for sale. Same is the case with rental options based on 2 properties up for rent, average asking rent is around £596 per month.
Estimated property value in LA16 is £162,928. Average asking price is £165,490 while average price paid is £147,492 which is up by £7,531 and Avg. asking rent £596.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 LA16 area. In last 1 year alone average price buyer paid is around £147,492 based on approximately 44 sales in LA16 area alone. If you compare it to last 3 years sales of 138 properties where buyers paid around £139,660. 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 £141,690 for 218 and average amount paid for purchase of approx. 299 properties sold in last 7 years comes to about £143,296 per sale.