Average Price for property in ML12 is around £200,252 which varies based on type of property you are interested in and ranges from £280,381 for detached house to around £134,940 for semi-detached. Similarly terraced house is around £128,713 and a flat is worth £121,650. Values have been changing and have risen £2,340 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,567 in last 6 months, £7,418 in last 1 year, £20,130 in last 2 years, £15,360 in last 3 years, £7,896 in last 4 years and £16,264 in last 5 years.
Currently average asking price of a property in ML12 is around £236,798 based on approximately 89 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £511 per month.
Estimated property value in ML12 is £200,252. Average asking price is £236,798 while average price paid is £170,537 which is up by £7,418 and Avg. asking rent £511.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 ML12 area. In last 1 year alone average price buyer paid is around £170,537 based on approximately 89 sales in ML12 area alone. If you compare it to last 3 years sales of 304 properties where buyers paid around £165,552. 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 £175,285 for 472 and average amount paid for purchase of approx. 679 properties sold in last 7 years comes to about £174,325 per sale.