Average Price for property in WR7 is around £386,725 which varies based on type of property you are interested in and ranges from £441,504 for detached house to around £250,411 for semi-detached. Similarly terraced house is around £207,302 and a flat is worth £210,183. Values have been changing and have risen £2,145 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,282 in last 6 months, £25,893 in last 1 year, £42,615 in last 2 years, £45,430 in last 3 years, £43,870 in last 4 years and £40,034 in last 5 years.
Currently average asking price of a property in WR7 is around £468,703 based on approximately 63 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £878 per month.
Estimated property value in WR7 is £386,725. Average asking price is £468,703 while average price paid is £400,775 which is up by £25,893 and Avg. asking rent £878.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 WR7 area. In last 1 year alone average price buyer paid is around £400,775 based on approximately 63 sales in WR7 area alone. If you compare it to last 3 years sales of 162 properties where buyers paid around £343,812. 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 £344,882 for 260 and average amount paid for purchase of approx. 353 properties sold in last 7 years comes to about £343,348 per sale.