Values have been changing and have risen £41 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £981 in last 6 months, £4,282 in last 1 year, £6,970 in last 2 years, £7,853 in last 3 years, £4,854 in last 4 years and £3,296 in last 5 years.
Currently average asking price of a property in Homestead, Bamber Bridge, Preston, PR5 is around £187,111 based on approximately 2 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £591 per month.
Estimated property value in Homestead, Bamber Bridge, Preston, PR5 is £102,906. Average asking price is £187,111 while average price paid is £118,750 which is up by £4,282 and Avg. asking rent £591.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 Homestead, Bamber Bridge, Preston, PR5 area. In last 1 year alone average price buyer paid is around £118,750 based on approximately 2 sales in Homestead, Bamber Bridge, Preston, PR5 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £109,050. 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 £105,541 for 12 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £102,421 per sale.