Average Price for property in Mill Lane, Padworth, Reading, RG7 is around £508,417 which varies based on type of property you are interested in and ranges from £727,009 for detached house to around £399,684 for semi-detached. Similarly terraced house is around £352,121. Values have been changing and have risen £2,351 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,376 in last 6 months, £36,707 in last 1 year, £67,704 in last 2 years, £81,973 in last 3 years, £77,806 in last 4 years and £76,803 in last 5 years.
Currently average asking price of a property in Mill Lane, Padworth, Reading, RG7 is around £598,918 based on approximately 1 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £5,497 per month.
Estimated property value in Mill Lane, Padworth, Reading, RG7 is £508,417. Average asking price is £598,918 while average price paid is £360,000 which is up by £36,707 and Avg. asking rent £5,497.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, Padworth, Reading, RG7 area. In last 1 year alone average price buyer paid is around £360,000 based on approximately 1 sales in Mill Lane, Padworth, Reading, RG7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £285,000. 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 £287,750 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £296,343 per sale.