Average Price for property in Mayfield is around £600,987 which varies based on type of property you are interested in and ranges from £778,743 for detached house to around £411,893 for semi-detached. Similarly terraced house is around £349,247 and a flat is worth £247,584. Values have been changing and have risen £1,473 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,215 in last 6 months, £55,134 in last 1 year, £81,275 in last 2 years, £97,107 in last 3 years, £81,529 in last 4 years and £92,805 in last 5 years.
Currently average asking price of a property in Mayfield is around £849,636 based on approximately 48 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £1,506 per month.
Estimated property value in Mayfield is £600,987. Average asking price is £849,636 while average price paid is £474,760 which is up by £55,134 and Avg. asking rent £1,506.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 Mayfield area. In last 1 year alone average price buyer paid is around £474,760 based on approximately 48 sales in Mayfield area alone. If you compare it to last 3 years sales of 141 properties where buyers paid around £438,330. 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 £439,267 for 246 and average amount paid for purchase of approx. 316 properties sold in last 7 years comes to about £429,443 per sale.