Values have been changing and have risen £2,969 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,287 in last 6 months, £21,975 in last 1 year, £33,915 in last 2 years, £35,617 in last 3 years, £35,744 in last 4 years and £36,530 in last 5 years.
Currently average asking price of a property in Morvale Close, Belvedere, DA17 is around £265,310 based on approximately 2 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £1,896 per month.
Estimated property value in Morvale Close, Belvedere, DA17 is £203,134. Average asking price is £265,310 while average price paid is £164,997 which is up by £21,975 and Avg. asking rent £1,896.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 Morvale Close, Belvedere, DA17 area. In last 1 year alone average price buyer paid is around £164,997 based on approximately 2 sales in Morvale Close, Belvedere, DA17 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £184,499. 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 £173,624 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £170,199 per sale.