Average Price for property in Lake Terrace, Grewelthorpe, Ripon, HG4 is around £224,340 e.g. average price for terraced house is around 224,340. Values have been changing and have risen £1,861 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,450 in last 6 months, £18,249 in last 1 year, £26,335 in last 2 years, £24,161 in last 3 years, £21,914 in last 4 years and £19,574 in last 5 years.
Currently average asking price of a property in Lake Terrace, Grewelthorpe, Ripon, HG4 is around £372,933 based on approximately 1 properties for sale. Same is the case with rental options based on 62 properties up for rent, average asking rent is around £1,188 per month.
Estimated property value in Lake Terrace, Grewelthorpe, Ripon, HG4 is £224,340. Average asking price is £372,933 while average price paid is £280,000 which is up by £18,249 and Avg. asking rent £1,188.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 Lake Terrace, Grewelthorpe, Ripon, HG4 area. In last 1 year alone average price buyer paid is around £280,000 based on approximately 1 sales in Lake Terrace, Grewelthorpe, Ripon, HG4 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £215,500. 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 £215,500 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £215,500 per sale.