Average Price for property in Smedley Lane, Manchester, M8 is around £119,358 which varies based on type of property you are interested in and ranges from £108,880 for detached house to around £129,742 for semi-detached. Similarly terraced house is around £107,892 and a flat is worth £64,456. Values have been changing and have risen £382 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £287 in last 6 months, £7,341 in last 1 year, £9,922 in last 2 years, £9,101 in last 3 years, £9,020 in last 4 years and £6,658 in last 5 years.
Currently average asking price of a property in Smedley Lane, Manchester, M8 is around £155,315 based on approximately 1 properties for sale. Same is the case with rental options based on 79 properties up for rent, average asking rent is around £590 per month.
Estimated property value in Smedley Lane, Manchester, M8 is £119,358. Average asking price is £155,315 while average price paid is £99,000 which is up by £7,341 and Avg. asking rent £590.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 Smedley Lane, Manchester, M8 area. In last 1 year alone average price buyer paid is around £99,000 based on approximately 1 sales in Smedley Lane, Manchester, M8 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £105,375. 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 £94,166 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £101,750 per sale.