Values have been changing and have risen £114 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,066 in last 6 months, £3,649 in last 1 year, £8,406 in last 2 years, £8,831 in last 3 years, £7,430 in last 4 years and £6,707 in last 5 years.
Currently average asking price of a property in The Orchard, Bicton Heath, Shrewsbury, SY3 is around £267,257 based on approximately 2 properties for sale. Same is the case with rental options based on 59 properties up for rent, average asking rent is around £793 per month.
Estimated property value in The Orchard, Bicton Heath, Shrewsbury, SY3 is £110,316. Average asking price is £267,257 while average price paid is £90,000 which is up by £3,649 and Avg. asking rent £793.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 The Orchard, Bicton Heath, Shrewsbury, SY3 area. In last 1 year alone average price buyer paid is around £90,000 based on approximately 2 sales in The Orchard, Bicton Heath, Shrewsbury, SY3 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £90,000. 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 £90,500 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £96,416 per sale.