Values have been changing and have risen £1,172 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,852 in last 6 months, £2,774 in last 1 year, £9,502 in last 2 years, £12,479 in last 3 years, £7,413 in last 4 years and £9,139 in last 5 years.
Currently average asking price of a property in Silk Mill Chase, Ripponden, Sowerby Bridge, HX6 is around £219,188 based on approximately 5 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £466 per month.
Estimated property value in Silk Mill Chase, Ripponden, Sowerby Bridge, HX6 is £149,074. Average asking price is £219,188 while average price paid is £151,400 which is up by £2,774 and Avg. asking rent £466.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 Silk Mill Chase, Ripponden, Sowerby Bridge, HX6 area. In last 1 year alone average price buyer paid is around £151,400 based on approximately 5 sales in Silk Mill Chase, Ripponden, Sowerby Bridge, HX6 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £142,142. 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 £136,750 for 10 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £112,857 per sale.