Average Price for property in Preston Grove, Trench, Telford, TF2 is around £123,798 which varies based on type of property you are interested in and ranges from £124,618 for semi-detached to around £114,504 for terraced house. Values have been changing and have risen £499 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,213 in last 6 months, £5,277 in last 1 year, £9,483 in last 2 years, £12,337 in last 3 years, £11,635 in last 4 years and £11,752 in last 5 years.
Currently average asking price of a property in Preston Grove, Trench, Telford, TF2 is around £171,231 based on approximately 2 properties for sale. Same is the case with rental options based on 87 properties up for rent, average asking rent is around £1,553 per month.
Estimated property value in Preston Grove, Trench, Telford, TF2 is £123,798. Average asking price is £171,231 while average price paid is £105,000 which is up by £5,277 and Avg. asking rent £1,553.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 Preston Grove, Trench, Telford, TF2 area. In last 1 year alone average price buyer paid is around £105,000 based on approximately 2 sales in Preston Grove, Trench, Telford, TF2 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £108,250. 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 £108,550 for 10 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £109,409 per sale.