Values have been changing and have risen £121 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £177 in last 6 months, £10,687 in last 1 year, £17,388 in last 2 years, £16,157 in last 3 years, £16,455 in last 4 years and £14,514 in last 5 years.
Currently average asking price of a property in Portland Street, Manchester, M1 is around £188,065 based on approximately 1 properties for sale. Same is the case with rental options based on 137 properties up for rent, average asking rent is around £1,074 per month.
Estimated property value in Portland Street, Manchester, M1 is £160,378. Average asking price is £188,065 while average price paid is £235,000 which is up by £10,687 and Avg. asking rent £1,074.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 Portland Street, Manchester, M1 area. In last 1 year alone average price buyer paid is around £235,000 based on approximately 1 sales in Portland Street, Manchester, M1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £155,666. 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 £136,900 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £130,642 per sale.