Average Price for property in Russel Road, Madeley, Telford, TF7 is around £125,305 which varies based on type of property you are interested in and ranges from £160,641 for detached house to around £119,416 for terraced house. Values have been changing and have risen £628 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,204 in last 6 months, £3,852 in last 1 year, £8,749 in last 2 years, £12,935 in last 3 years, £12,621 in last 4 years and £11,887 in last 5 years.
Currently average asking price of a property in Russel Road, Madeley, Telford, TF7 is around £148,501 based on approximately 1 properties for sale. Same is the case with rental options based on 84 properties up for rent, average asking rent is around £1,072 per month.
Estimated property value in Russel Road, Madeley, Telford, TF7 is £125,305. Average asking price is £148,501 while average price paid is £122,000 which is up by £3,852 and Avg. asking rent £1,072.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 Russel Road, Madeley, Telford, TF7 area. In last 1 year alone average price buyer paid is around £122,000 based on approximately 1 sales in Russel Road, Madeley, Telford, TF7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £140,500. 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 £140,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £140,500 per sale.