Values have been changing and have risen £199 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £930 in last 6 months, £5,483 in last 1 year, £7,370 in last 2 years, £11,911 in last 3 years, £7,633 in last 4 years and £5,314 in last 5 years.
Currently average asking price of a property in Malvern Road, Washington, NE38 is around £173,633 based on approximately 1 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £615 per month.
Estimated property value in Malvern Road, Washington, NE38 is £100,682. Average asking price is £173,633 while average price paid is £99,950 which is up by £5,483 and Avg. asking rent £615.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 Malvern Road, Washington, NE38 area. In last 1 year alone average price buyer paid is around £99,950 based on approximately 1 sales in Malvern Road, Washington, NE38 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £84,862. 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 £87,500 for 8 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £93,715 per sale.