Values have been changing and have risen £1,804 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,800 in last 6 months, £94,549 in last 1 year, £144,684 in last 2 years, £208,468 in last 3 years, £182,879 in last 4 years and £205,914 in last 5 years.
Currently average asking price of a property in Monument is around £1,147,000 based on approximately 10 properties for sale. Same is the case with rental options based on 57 properties up for rent, average asking rent is around £4,871 per month.
Estimated property value in Monument is £736,472. Average asking price is £1,147,000 while average price paid is £695,895 which is up by £94,549 and Avg. asking rent £4,871.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 Monument area. In last 1 year alone average price buyer paid is around £695,895 based on approximately 10 sales in Monument area alone. If you compare it to last 3 years sales of 21 properties where buyers paid around £636,676. 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 £589,093 for 29 and average amount paid for purchase of approx. 30 properties sold in last 7 years comes to about £580,290 per sale.