Average Price for property in Summerlug, Mortimer Common, Reading, RG7 is around £518,122 which varies based on type of property you are interested in and ranges from £712,404 for detached house to around £475,784 for semi-detached. Similarly terraced house is around £429,690. Values have been changing and have risen £2,397 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,541 in last 6 months, £37,432 in last 1 year, £69,040 in last 2 years, £83,590 in last 3 years, £79,338 in last 4 years and £78,315 in last 5 years.
Currently average asking price of a property in Summerlug, Mortimer Common, Reading, RG7 is around £598,918 based on approximately 1 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £5,497 per month.
Estimated property value in Summerlug, Mortimer Common, Reading, RG7 is £518,122. Average asking price is £598,918 while average price paid is £420,000 which is up by £37,432 and Avg. asking rent £5,497.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 Summerlug, Mortimer Common, Reading, RG7 area. In last 1 year alone average price buyer paid is around £420,000 based on approximately 1 sales in Summerlug, Mortimer Common, Reading, RG7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £382,500. 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 £382,500 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £358,500 per sale.