Average Price for property in Spring Terrace, Furnace Lane, Trench, Telford, TF2 is around £98,735 e.g. average price for semi-detached is around 98,735. Values have been changing and have risen £399 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £970 in last 6 months, £4,212 in last 1 year, £7,568 in last 2 years, £9,844 in last 3 years, £9,285 in last 4 years and £9,378 in last 5 years.
Currently average asking price of a property in Spring Terrace, Furnace Lane, Trench, Telford, TF2 is around £171,231 based on approximately 1 properties for sale. Same is the case with rental options based on 87 properties up for rent, average asking rent is around £1,553 per month.
Estimated property value in Spring Terrace, Furnace Lane, Trench, Telford, TF2 is £98,735. Average asking price is £171,231 while average price paid is £95,000 which is up by £4,212 and Avg. asking rent £1,553.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 Terrace, Furnace Lane, Trench, Telford, TF2 area. In last 1 year alone average price buyer paid is around £95,000 based on approximately 1 sales in Spring Terrace, Furnace Lane, Trench, Telford, TF2 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £95,000. 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 £95,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £95,000 per sale.