Values have been changing and have risen £786 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,013 in last 6 months, £12,190 in last 1 year, £22,681 in last 2 years, £30,281 in last 3 years, £27,821 in last 4 years and £29,201 in last 5 years.
Currently average asking price of a property in Mill Lane, Newbury, RG14 is around £257,531 based on approximately 7 properties for sale. Same is the case with rental options based on 65 properties up for rent, average asking rent is around £1,658 per month.
Estimated property value in Mill Lane, Newbury, RG14 is £190,395. Average asking price is £257,531 while average price paid is £180,498 which is up by £12,190 and Avg. asking rent £1,658.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 Mill Lane, Newbury, RG14 area. In last 1 year alone average price buyer paid is around £180,498 based on approximately 7 sales in Mill Lane, Newbury, RG14 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £173,344. 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 £157,061 for 21 and average amount paid for purchase of approx. 31 properties sold in last 7 years comes to about £154,864 per sale.