Average Price for property in Old Mill Lane, Formby, Liverpool, L37 is around £220,498 which varies based on type of property you are interested in and ranges from £224,868 for semi-detached to around £159,323 for terraced house. Values have been changing and have risen £1,491 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,991 in last 6 months, £12,174 in last 1 year, £20,576 in last 2 years, £19,371 in last 3 years, £13,008 in last 4 years and £15,183 in last 5 years.
Currently average asking price of a property in Old Mill Lane, Formby, Liverpool, L37 is around £428,737 based on approximately 2 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £850 per month.
Estimated property value in Old Mill Lane, Formby, Liverpool, L37 is £220,498. Average asking price is £428,737 while average price paid is £237,500 which is up by £12,174 and Avg. asking rent £850.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 Old Mill Lane, Formby, Liverpool, L37 area. In last 1 year alone average price buyer paid is around £237,500 based on approximately 2 sales in Old Mill Lane, Formby, Liverpool, L37 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £221,666. 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 £211,600 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £211,600 per sale.