Average Price for property in South Drive, Madeley, Telford, TF7 is around £107,584 which varies based on type of property you are interested in and ranges from £108,891 for semi-detached to around £97,788 for terraced house. Values have been changing and have risen £539 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,033 in last 6 months, £3,308 in last 1 year, £7,513 in last 2 years, £11,109 in last 3 years, £10,842 in last 4 years and £10,214 in last 5 years.
Currently average asking price of a property in South Drive, Madeley, Telford, TF7 is around £148,501 based on approximately 3 properties for sale. Same is the case with rental options based on 84 properties up for rent, average asking rent is around £1,072 per month.
Estimated property value in South Drive, Madeley, Telford, TF7 is £107,584. Average asking price is £148,501 while average price paid is £119,166 which is up by £3,308 and Avg. asking rent £1,072.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 South Drive, Madeley, Telford, TF7 area. In last 1 year alone average price buyer paid is around £119,166 based on approximately 3 sales in South Drive, Madeley, Telford, TF7 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £110,214. 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 £111,062 for 8 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £106,287 per sale.