Average Price for property in ME11 is around £137,778 which varies based on type of property you are interested in and ranges from £171,580 for detached house to around £154,396 for semi-detached. Similarly terraced house is around £130,959 and a flat is worth £91,848. Values have been changing and have risen £742 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,160 in last 6 months, £11,633 in last 1 year, £18,073 in last 2 years, £21,957 in last 3 years, £19,917 in last 4 years and £19,806 in last 5 years.
Currently average asking price of a property in ME11 is around £141,624 based on approximately 26 properties for sale. Same is the case with rental options based on 2 properties up for rent, average asking rent is around £674 per month.
Estimated property value in ME11 is £137,778. Average asking price is £141,624 while average price paid is £122,444 which is up by £11,633 and Avg. asking rent £674.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 ME11 area. In last 1 year alone average price buyer paid is around £122,444 based on approximately 26 sales in ME11 area alone. If you compare it to last 3 years sales of 94 properties where buyers paid around £117,502. 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 £113,791 for 144 and average amount paid for purchase of approx. 214 properties sold in last 7 years comes to about £116,416 per sale.