Values have been changing and have risen £220 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £165 in last 6 months, £4,241 in last 1 year, £5,734 in last 2 years, £5,262 in last 3 years, £5,220 in last 4 years and £3,860 in last 5 years.
Currently average asking price of a property in Wellmead Close, Manchester, M8 is around £155,315 based on approximately 0 properties for sale. Same is the case with rental options based on 79 properties up for rent, average asking rent is around £590 per month.
Estimated property value in Wellmead Close, Manchester, M8 is £66,340. Average asking price is £155,315 while average price paid is £46,375 which is up by £5,262 and Avg. asking rent £590.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 Wellmead Close, Manchester, M8 area. In last 3 years alone average price buyer paid is around £46,375 based on approximately 4 sales in Wellmead Close, Manchester, M8 area alone. If you compare it to last 5 years sales of 8 properties where buyers paid around £52,375. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £55,000 for 10 per sale.