Values have been changing and have risen £130 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £135 in last 6 months, £5,261 in last 1 year, £7,828 in last 2 years, £12,177 in last 3 years, £10,278 in last 4 years and £6,592 in last 5 years.
Currently average asking price of a property in The Parkway, Cottingham, HU16 is around £222,292 based on approximately 5 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £657 per month.
Estimated property value in The Parkway, Cottingham, HU16 is £123,221. Average asking price is £222,292 while average price paid is £119,070 which is up by £5,261 and Avg. asking rent £657.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 Parkway, Cottingham, HU16 area. In last 1 year alone average price buyer paid is around £119,070 based on approximately 5 sales in The Parkway, Cottingham, HU16 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £119,891. 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 £119,891 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £114,668 per sale.