Average Price for property in New Works Lane, New Works, Telford, TF6 is around £211,765 which varies based on type of property you are interested in and ranges from £214,893 for detached house to around £186,744 for semi-detached. Values have been changing and have risen £644 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £784 in last 6 months, £8,343 in last 1 year, £15,985 in last 2 years, £21,863 in last 3 years, £21,035 in last 4 years and £18,023 in last 5 years.
Currently average asking price of a property in New Works Lane, New Works, Telford, TF6 is around £366,257 based on approximately 0 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £703 per month.
Estimated property value in New Works Lane, New Works, Telford, TF6 is £211,765. Average asking price is £366,257 while average price paid is £203,500 which is up by £21,863 and Avg. asking rent £703.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 New Works Lane, New Works, Telford, TF6 area. In last 3 years alone average price buyer paid is around £203,500 based on approximately 3 sales in New Works Lane, New Works, Telford, TF6 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £184,900. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £184,900 for 5 per sale.