Average Price for property in ML8 is around £137,851 which varies based on type of property you are interested in and ranges from £211,930 for detached house to around £116,687 for semi-detached. Similarly terraced house is around £84,092 and a flat is worth £77,667. Values have been changing and have risen £1,611 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,209 in last 6 months, £5,108 in last 1 year, £13,859 in last 2 years, £10,575 in last 3 years, £5,438 in last 4 years and £11,201 in last 5 years.
Currently average asking price of a property in ML8 is around £161,816 based on approximately 227 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £460 per month.
Estimated property value in ML8 is £137,851. Average asking price is £161,816 while average price paid is £121,630 which is up by £5,108 and Avg. asking rent £460.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 ML8 area. In last 1 year alone average price buyer paid is around £121,630 based on approximately 227 sales in ML8 area alone. If you compare it to last 3 years sales of 640 properties where buyers paid around £119,075. 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 £118,755 for 1,061 and average amount paid for purchase of approx. 1,643 properties sold in last 7 years comes to about £121,412 per sale.