Average Price for property in Orchard Rise, Richards Castle, Ludlow, SY8 is around £208,909 which varies based on type of property you are interested in and ranges from £256,069 for detached house to around £192,631 for semi-detached. Similarly terraced house is around £172,188. Values have been changing and have risen £376 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,834 in last 6 months, £5,875 in last 1 year, £13,981 in last 2 years, £18,820 in last 3 years, £15,044 in last 4 years and £10,606 in last 5 years.
Currently average asking price of a property in Orchard Rise, Richards Castle, Ludlow, SY8 is around £310,775 based on approximately 1 properties for sale. Same is the case with rental options based on 39 properties up for rent, average asking rent is around £645 per month.
Estimated property value in Orchard Rise, Richards Castle, Ludlow, SY8 is £208,909. Average asking price is £310,775 while average price paid is £140,000 which is up by £5,875 and Avg. asking rent £645.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 Orchard Rise, Richards Castle, Ludlow, SY8 area. In last 1 year alone average price buyer paid is around £140,000 based on approximately 1 sales in Orchard Rise, Richards Castle, Ludlow, SY8 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £177,333. 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 £177,000 for 6 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £169,833 per sale.