Whether you are looking to make a move in the property market soon or you have a general interest in the market, property prices are important. At Philip Ryan, we aim to provide as much information as we can but when you make an informed decision, you can be confident in your actions. We aim to assist our clients in the most effective way and this article Burton on Trent property prices for August of 2018 will provide you with valuable information.
According to Zoopla, the average value of property in Burton on Trent for August 2018 stands at £207,827. In the past 12 months, the value of Burton on Trent property has risen by £2,841; which is an increase of 1.39%. While this is a modest increase, given that many areas have experienced a downturn in their property values, any positive movement should be heralded as a positive outcome.
Stay in touch with Burton on Trent property prices
The average price paid for property in Burton on Trent has been listed as £209,605 for August of 2018. If you are looking for general information regarding the property market, the average price paid is an excellent starting point. Anyone looking at various areas for their next property purchase wants information they can use quickly, and the average price provides a quick guide.
However, no matter what you want to achieve in the property market, it is likely that you want more detailed information about the property. If you are selling a flat, the price of comparable flats rather than the price of detached properties or the average market price, which includes detached or semi-detached properties, is most important to you. The same can be said for people looking to buy property. Any prospective buyer looking to purchase a flat should consider the prices of flats rather than spending too much time focusing on the average price for semi-detached or detached properties.
Be informed when making a move in the property market
Therefore, it is likely that average property prices for property types is most important, and the following table details average property prices per property type in Burton on Trent:
- Average price paid for flats in Burton on Trent in the past 12 months is £110,900
- Average price paid for terraced properties in Burton on Trent in the past 12 months is £127,591
- Average price paid for semi-detached properties in Burton on Trent in the past 12 months is £179,222
- Average price paid for detached properties in Burton on Trent in the past 12 months is £308,483
These prices reinforce the difference between prices for flats and prices for detached properties, and it is likely that a household with an interest in one of these properties will not have the same interest or desire for the other style of property.
If you are looking to sell your home in Burton on Tent, knowing the average price being paid for property is essential. At Philip Ryan, we aim to provide you with the best level of support and guidance to help you sell your home as best you can. Get in touch for expert assistance in selling your home in Burton on Trent.