Values have been changing and have risen £827 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £707 in last 6 months, £2,297 in last 1 year, £4,844 in last 2 years, £4,671 in last 3 years, £4,202 in last 4 years and £3,579 in last 5 years.
Currently average asking price of a property in Spring Meadow, Sutton Hill, Telford, TF7 is around £142,892 based on approximately 1 properties for sale. Same is the case with rental options based on 59 properties up for rent, average asking rent is around £501 per month.
Estimated property value in Spring Meadow, Sutton Hill, Telford, TF7 is £72,975. Average asking price is £142,892 while average price paid is £70,000 which is up by £2,297 and Avg. asking rent £501.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 Spring Meadow, Sutton Hill, Telford, TF7 area. In last 1 year alone average price buyer paid is around £70,000 based on approximately 1 sales in Spring Meadow, Sutton Hill, Telford, TF7 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £62,500. 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 £64,908 for 6 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £70,000 per sale.