Average Price for property in Old Town Lane, Formby, Liverpool, L37 is around £252,292 which varies based on type of property you are interested in and ranges from £505,316 for detached house to around £371,469 for semi-detached. Similarly terraced house is around £176,962 and a flat is worth £167,140. Values have been changing and have risen £1,677 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,491 in last 6 months, £13,699 in last 1 year, £23,156 in last 2 years, £21,798 in last 3 years, £14,636 in last 4 years and £17,083 in last 5 years.
Currently average asking price of a property in Old Town Lane, Formby, Liverpool, L37 is around £428,737 based on approximately 3 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 Town Lane, Formby, Liverpool, L37 is £252,292. Average asking price is £428,737 while average price paid is £225,833 which is up by £13,699 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 Town Lane, Formby, Liverpool, L37 area. In last 1 year alone average price buyer paid is around £225,833 based on approximately 3 sales in Old Town Lane, Formby, Liverpool, L37 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £279,375. 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 £209,545 for 10 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £215,650 per sale.