Average Price for property in SM3 is around £402,527 which varies based on type of property you are interested in and ranges from £599,629 for detached house to around £454,326 for semi-detached. Similarly terraced house is around £394,531 and a flat is worth £261,838. Values have been changing and have risen £5,470 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £17,268 in last 6 months, £46,194 in last 1 year, £75,315 in last 2 years, £79,215 in last 3 years, £92,182 in last 4 years and £83,901 in last 5 years.
Currently average asking price of a property in SM3 is around £347,745 based on approximately 276 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £1,454 per month.
Estimated property value in SM3 is £402,527. Average asking price is £347,745 while average price paid is £335,311 which is up by £46,194 and Avg. asking rent £1,454.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 SM3 area. In last 1 year alone average price buyer paid is around £335,311 based on approximately 276 sales in SM3 area alone. If you compare it to last 3 years sales of 791 properties where buyers paid around £306,552. 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 £296,073 for 1,260 and average amount paid for purchase of approx. 1,735 properties sold in last 7 years comes to about £287,294 per sale.