Tenbury Wells

Area Guide For Tenbury Wells

Tenbury Wells is a business town and common ward in the north-western limit of the Malvern Hills District authoritative zone of Worcestershire, England. The 2001 evaluation reported a populace of 3,316. From 1894 to 1974, it was a country region, containing itself and different towns, for example, Stoke Bliss,[2] Eastham and Rochford. From 1974 Tenbury was in the precinct of Leominster until it got to be part Malvern Hills District when Leominster District Council was assumed control by Herefordshire Council in April 1998. The historical backdrop of Tenbury Wells stretches out as far once again as the Iron Age. The town is frequently considered the home to the Castle Tump, yet this is presently in Burford, Shropshire because of limit changes. Despite the fact that the Tump, believed to be the remaining parts of an early Norman motte and bailey mansion, can be seen from the fundamental street (A456) there are no obvious stays of the palace, which was developed to protect and control the first River Teme crossing. It has additionally been depicted as "... the remaining parts of an eleventh century Norman Castle."

 
 

Tenbury Wells Map

Estimated Price: £279,502
Average Asking Price: £306,773
Price change in last one year: £17,970
Average Price Paid: £249,926
Average Rent Rates: £18,390

 
 

Property Prices Breakdown in Tenbury Wells

Average Price for property in Tenbury Wells is around £279,502 which varies based on type of property you are interested in and ranges from £368,715 for detached house to around £195,496 for semi-detached. Similarly terraced house is around £178,421 and a flat is worth £128,570. Values have been changing and have risen £360 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,150 in last 6 months, £17,970 in last 1 year, £33,118 in last 2 years, £34,683 in last 3 years, £27,928 in last 4 years and £26,026 in last 5 years.

Currently average asking price of a property in Tenbury Wells is around £306,773 based on approximately 82 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £18,390 per month.

Estimated property value in Tenbury Wells is £279,502. Average asking price is £306,773 while average price paid is £231,421 which is up by £17,970 and Avg. asking rent £18,390.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 Tenbury Wells area. In last 1 year alone average price buyer paid is around £231,421 based on approximately 82 sales in Tenbury Wells area alone. If you compare it to last 3 years sales of 223 properties where buyers paid around £247,754. 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 £249,926 for 364 and average amount paid for purchase of approx. 486 properties sold in last 7 years comes to about £244,765 per sale.

 
 

Properties For Sale in Tenbury Wells

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £57,250, £162,225 for a 2 bedroom house, £301,573 for a 3 bedroom house, £376,700 for a 4 bedroom house and £702,500 for a 5 bedroom house. For a flat similarly the prices varies from £105,000 for a single bedroom to £141,650 for a 2 bedroom Flat. To sum up the asking prices for properties in Tenbury Wells it comes to around average £73,167 for 1 bedroom property, £155,367 for 2 bedroom, £301,573 for 3 bedroom, £376,700 for 4 bedroom and £702,500 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £260 for 1 bedroom to £476 for 2 bedroom and £617 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £479. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £425. You should be generally be expecting around average £348 rent per month for single bedroom property, £465 for 2 bedroom and approximately £617 for 3 bedroom property in Tenbury Wells area.

Popular Houses in Tenbury Wells

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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