Average Price for property in Sorrel Drive, Spalding, PE11 is around £243,116 e.g. average price for detached house is around 243,116. Values have been changing and have risen £1,417 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,392 in last 6 months, £15,920 in last 1 year, £27,547 in last 2 years, £28,920 in last 3 years, £28,490 in last 4 years and £21,366 in last 5 years.
Currently average asking price of a property in Sorrel Drive, Spalding, PE11 is around £202,736 based on approximately 3 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 Sorrel Drive, Spalding, PE11 is £243,116. Average asking price is £202,736 while average price paid is £203,333 which is up by £15,920 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 Sorrel Drive, Spalding, PE11 area. In last 1 year alone average price buyer paid is around £203,333 based on approximately 3 sales in Sorrel Drive, Spalding, PE11 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £182,500. 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 £179,642 for 7 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £177,681 per sale.