Average Price for property in Telford is around £164,896 which varies based on type of property you are interested in and ranges from £245,322 for detached house to around £137,123 for semi-detached. Similarly terraced house is around £114,342 and a flat is worth £87,165. Values have been changing and have risen £910 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,172 in last 6 months, £8,684 in last 1 year, £13,384 in last 2 years, £18,149 in last 3 years, £17,247 in last 4 years and £18,352 in last 5 years.
Currently average asking price of a property in Telford is around £187,686 based on approximately 1,895 properties for sale. Same is the case with rental options based on 438 properties up for rent, average asking rent is around £1,175 per month.
Estimated property value in Telford is £164,896. Average asking price is £187,686 while average price paid is £150,268 which is up by £8,684 and Avg. asking rent £1,175.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 Telford area. In last 1 year alone average price buyer paid is around £150,268 based on approximately 1,895 sales in Telford area alone. If you compare it to last 3 years sales of 5,296 properties where buyers paid around £148,742. 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 £148,496 for 7,917 and average amount paid for purchase of approx. 10,594 properties sold in last 7 years comes to about £148,603 per sale.