Average Price for property in March is around £178,233 which varies based on type of property you are interested in and ranges from £218,456 for detached house to around £150,393 for semi-detached. Similarly terraced house is around £128,535 and a flat is worth £86,401. Values have been changing and have risen £91 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,865 in last 6 months, £9,441 in last 1 year, £22,120 in last 2 years, £19,706 in last 3 years, £22,673 in last 4 years and £18,384 in last 5 years.
Currently average asking price of a property in March is around £229,380 based on approximately 490 properties for sale. Same is the case with rental options based on 41 properties up for rent, average asking rent is around £578 per month.
Estimated property value in March is £178,233. Average asking price is £229,380 while average price paid is £162,482 which is up by £9,441 and Avg. asking rent £578.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 March area. In last 1 year alone average price buyer paid is around £162,482 based on approximately 490 sales in March area alone. If you compare it to last 3 years sales of 1,402 properties where buyers paid around £151,733. 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 £151,007 for 2,142 and average amount paid for purchase of approx. 2,937 properties sold in last 7 years comes to about £150,211 per sale.