Average Price for property in WR8 is around £326,509 which varies based on type of property you are interested in and ranges from £403,723 for detached house to around £239,565 for semi-detached. Similarly terraced house is around £192,384 and a flat is worth £218,935. Values have been changing and have risen £1,604 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,185 in last 6 months, £21,676 in last 1 year, £35,744 in last 2 years, £38,234 in last 3 years, £36,175 in last 4 years and £32,410 in last 5 years.
Currently average asking price of a property in WR8 is around £375,847 based on approximately 97 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £825 per month.
Estimated property value in WR8 is £326,509. Average asking price is £375,847 while average price paid is £273,892 which is up by £21,676 and Avg. asking rent £825.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 WR8 area. In last 1 year alone average price buyer paid is around £273,892 based on approximately 97 sales in WR8 area alone. If you compare it to last 3 years sales of 250 properties where buyers paid around £262,363. 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 £273,648 for 404 and average amount paid for purchase of approx. 533 properties sold in last 7 years comes to about £271,384 per sale.