Average Price for property in RM15 is around £224,201 which varies based on type of property you are interested in and ranges from £389,744 for detached house to around £242,700 for semi-detached. Similarly terraced house is around £203,567 and a flat is worth £123,988. Values have been changing and have risen £2,752 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,545 in last 6 months, £23,540 in last 1 year, £42,176 in last 2 years, £42,440 in last 3 years, £43,582 in last 4 years and £42,651 in last 5 years.
Currently average asking price of a property in RM15 is around £395,552 based on approximately 384 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £6,111 per month.
Estimated property value in RM15 is £224,201. Average asking price is £395,552 while average price paid is £187,335 which is up by £23,540 and Avg. asking rent £6,111.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 RM15 area. In last 1 year alone average price buyer paid is around £187,335 based on approximately 384 sales in RM15 area alone. If you compare it to last 3 years sales of 984 properties where buyers paid around £179,711. 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 £174,352 for 1,512 and average amount paid for purchase of approx. 1,973 properties sold in last 7 years comes to about £172,553 per sale.