Average Price for property in Ferndown is around £324,400 which varies based on type of property you are interested in and ranges from £387,874 for detached house to around £247,314 for semi-detached. Similarly terraced house is around £211,701 and a flat is worth £190,894. Values have been changing and have risen £3,824 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,828 in last 6 months, £31,086 in last 1 year, £28,575 in last 2 years, £35,085 in last 3 years, £33,832 in last 4 years and £36,845 in last 5 years.
Currently average asking price of a property in Ferndown is around £350,643 based on approximately 550 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £967 per month.
Estimated property value in Ferndown is £324,400. Average asking price is £350,643 while average price paid is £287,349 which is up by £31,086 and Avg. asking rent £967.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 Ferndown area. In last 1 year alone average price buyer paid is around £287,349 based on approximately 550 sales in Ferndown area alone. If you compare it to last 3 years sales of 1,645 properties where buyers paid around £282,218. 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 £277,730 for 2,690 and average amount paid for purchase of approx. 3,459 properties sold in last 7 years comes to about £276,926 per sale.