Values have been changing and have risen £1,734 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,827 in last 6 months, £18,875 in last 1 year, £23,696 in last 2 years, £27,666 in last 3 years, £25,590 in last 4 years and £26,015 in last 5 years.
Currently average asking price of a property in Orchard Way, Churchdown, Gloucester, GL3 is around £246,942 based on approximately 4 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £971 per month.
Estimated property value in Orchard Way, Churchdown, Gloucester, GL3 is £204,347. Average asking price is £246,942 while average price paid is £178,750 which is up by £18,875 and Avg. asking rent £971.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 Way, Churchdown, Gloucester, GL3 area. In last 1 year alone average price buyer paid is around £178,750 based on approximately 4 sales in Orchard Way, Churchdown, Gloucester, GL3 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £176,055. 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 £165,750 for 14 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £162,901 per sale.