Values have been changing and have risen £581 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,393 in last 6 months, £6,532 in last 1 year, £11,303 in last 2 years, £11,871 in last 3 years, £11,698 in last 4 years and £8,779 in last 5 years.
Currently average asking price of a property in Severn Road, Spalding, PE11 is around £202,736 based on approximately 1 properties for sale. Same is the case with rental options based on 27 properties up for rent, average asking rent is around £725 per month.
Estimated property value in Severn Road, Spalding, PE11 is £101,556. Average asking price is £202,736 while average price paid is £105,000 which is up by £6,532 and Avg. asking rent £725.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 Severn Road, Spalding, PE11 area. In last 1 year alone average price buyer paid is around £105,000 based on approximately 1 sales in Severn Road, Spalding, PE11 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £95,000. 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 £88,700 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £88,700 per sale.