Average Price for property in Renfrew is around £129,285 which varies based on type of property you are interested in and ranges from £222,790 for detached house to around £158,212 for semi-detached. Similarly terraced house is around £126,026 and a flat is worth £109,638. Values have been changing and have risen £1,838 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,992 in last 6 months, £10,429 in last 1 year, £16,483 in last 2 years, £10,825 in last 3 years, £15,598 in last 4 years and £15,039 in last 5 years.
Currently average asking price of a property in Renfrew is around £103,528 based on approximately 324 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £482 per month.
Estimated property value in Renfrew is £129,285. Average asking price is £103,528 while average price paid is £119,049 which is up by £10,429 and Avg. asking rent £482.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 Renfrew area. In last 1 year alone average price buyer paid is around £119,049 based on approximately 324 sales in Renfrew area alone. If you compare it to last 3 years sales of 905 properties where buyers paid around £114,827. 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 £115,565 for 1,402 and average amount paid for purchase of approx. 2,257 properties sold in last 7 years comes to about £125,147 per sale.