Average Price for property in Malpas is around £348,410 which varies based on type of property you are interested in and ranges from £449,494 for detached house to around £228,362 for semi-detached. Similarly terraced house is around £203,862 and a flat is worth £164,949. Values have been changing and have risen £1,358 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,626 in last 6 months, £17,484 in last 1 year, £29,008 in last 2 years, £31,999 in last 3 years, £33,251 in last 4 years and £25,971 in last 5 years.
Currently average asking price of a property in Malpas is around £711,398 based on approximately 70 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £1,125 per month.
Estimated property value in Malpas is £348,410. Average asking price is £711,398 while average price paid is £296,475 which is up by £17,484 and Avg. asking rent £1,125.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 Malpas area. In last 1 year alone average price buyer paid is around £296,475 based on approximately 70 sales in Malpas area alone. If you compare it to last 3 years sales of 177 properties where buyers paid around £284,398. 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 £281,001 for 264 and average amount paid for purchase of approx. 324 properties sold in last 7 years comes to about £274,460 per sale.