Average Price for property in ME20 is around £268,181 which varies based on type of property you are interested in and ranges from £427,580 for detached house to around £257,563 for semi-detached. Similarly terraced house is around £218,804 and a flat is worth £189,940. Values have been changing and have risen £1,119 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,517 in last 6 months, £20,963 in last 1 year, £36,523 in last 2 years, £42,874 in last 3 years, £39,947 in last 4 years and £38,467 in last 5 years.
Currently average asking price of a property in ME20 is around £326,968 based on approximately 332 properties for sale. Same is the case with rental options based on 13 properties up for rent, average asking rent is around £1,844 per month.
Estimated property value in ME20 is £268,181. Average asking price is £326,968 while average price paid is £239,956 which is up by £20,963 and Avg. asking rent £1,844.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 ME20 area. In last 1 year alone average price buyer paid is around £239,956 based on approximately 332 sales in ME20 area alone. If you compare it to last 3 years sales of 893 properties where buyers paid around £217,825. 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 £216,151 for 1,387 and average amount paid for purchase of approx. 1,863 properties sold in last 7 years comes to about £211,862 per sale.