Arrow Drive, Albrighton, Wolverhampton, WV7

Street Guide For Arrow Drive, Albrighton, Wolverhampton, WV7

 

Arrow Drive, Albrighton, Wolverhampton, WV7 Map

Estimated Price: £250,839
Average Asking Price: £331,457
Price change in last one year: £6,896
Average Price Paid: £222,833
Average Rent Rates: £629

 

Property Prices Breakdown in Arrow Drive, Albrighton, Wolverhampton, WV7

Average Price for property in Arrow Drive, Albrighton, Wolverhampton, WV7 is around £250,839 which varies based on type of property you are interested in and ranges from £279,883 for detached house to around £245,713 for semi-detached. Similarly terraced house is around £208,131. Values have been changing and have risen £366 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,752 in last 6 months, £6,896 in last 1 year, £19,995 in last 2 years, £24,420 in last 3 years, £18,228 in last 4 years and £16,053 in last 5 years.

Currently average asking price of a property in Arrow Drive, Albrighton, Wolverhampton, WV7 is around £331,457 based on approximately 2 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £629 per month.

Estimated property value in Arrow Drive, Albrighton, Wolverhampton, WV7 is £250,839. Average asking price is £331,457 while average price paid is £228,250 which is up by £6,896 and Avg. asking rent £629.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 Arrow Drive, Albrighton, Wolverhampton, WV7 area. In last 1 year alone average price buyer paid is around £228,250 based on approximately 2 sales in Arrow Drive, Albrighton, Wolverhampton, WV7 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £222,833. 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 £222,833 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £222,833 per sale.

 
 

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 2 bedroom is around £124,250, £297,129 for a 3 bedroom house, £395,000 for a 4 bedroom house and £1,400,000 for a 5 bedroom house. To sum up the asking prices for properties in Arrow Drive, Albrighton, Wolverhampton, WV7 it comes to around average £124,250 for 2 bedroom property, £297,129 for 3 bedroom, £395,000 for 4 bedroom and £1,400,000 for 5 bedroom.

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 is £737 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £351. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £524. You should be generally be expecting around average £351 rent per month for single bedroom property, £524 for 2 bedroom and approximately £736 for 3 bedroom property in Arrow Drive, Albrighton, Wolverhampton, WV7 area.

Popular Houses in Arrow Drive, Albrighton, Wolverhampton, WV7

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.

Areas in and around Arrow Drive, Albrighton, Wolverhampton, WV7