Values have been changing and have risen £357 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £685 in last 6 months, £2,194 in last 1 year, £4,985 in last 2 years, £7,369 in last 3 years, £7,195 in last 4 years and £6,780 in last 5 years.
Currently average asking price of a property in Mayfield, Madeley, Telford, TF7 is around £148,501 based on approximately 2 properties for sale. Same is the case with rental options based on 84 properties up for rent, average asking rent is around £1,072 per month.
Estimated property value in Mayfield, Madeley, Telford, TF7 is £71,344. Average asking price is £148,501 while average price paid is £64,750 which is up by £2,194 and Avg. asking rent £1,072.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, Madeley, Telford, TF7 area. In last 1 year alone average price buyer paid is around £64,750 based on approximately 2 sales in Mayfield, Madeley, Telford, TF7 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £58,333. 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 £60,800 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £60,800 per sale.