Average Price for property in Spencer Way, Salfords, Redhill, RH1 is around £302,987 which varies based on type of property you are interested in and ranges from £377,507 for detached house to around £309,186 for semi-detached. Similarly terraced house is around £244,530 and a flat is worth £295,417. Values have been changing and have risen £2,148 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,411 in last 6 months, £25,016 in last 1 year, £44,120 in last 2 years, £52,606 in last 3 years, £48,410 in last 4 years and £49,512 in last 5 years.
Currently average asking price of a property in Spencer Way, Salfords, Redhill, RH1 is around £384,303 based on approximately 2 properties for sale. Same is the case with rental options based on 116 properties up for rent, average asking rent is around £1,485 per month.
Estimated property value in Spencer Way, Salfords, Redhill, RH1 is £302,987. Average asking price is £384,303 while average price paid is £172,500 which is up by £25,016 and Avg. asking rent £1,485.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 Spencer Way, Salfords, Redhill, RH1 area. In last 1 year alone average price buyer paid is around £172,500 based on approximately 2 sales in Spencer Way, Salfords, Redhill, RH1 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £208,181. 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 £214,309 for 16 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £213,497 per sale.