Average Price for property in Bank Road, Gornal Wood, Dudley, DY3 is around £124,507 which varies based on type of property you are interested in and ranges from £161,511 for detached house to around £126,682 for semi-detached. Similarly terraced house is around £123,057 and a flat is worth £56,306. Values have been changing and have risen £25 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,541 in last 6 months, £5,141 in last 1 year, £10,132 in last 2 years, £10,056 in last 3 years, £5,795 in last 4 years and £2,467 in last 5 years.
Currently average asking price of a property in Bank Road, Gornal Wood, Dudley, DY3 is around £150,445 based on approximately 2 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £561 per month.
Estimated property value in Bank Road, Gornal Wood, Dudley, DY3 is £124,507. Average asking price is £150,445 while average price paid is £93,750 which is up by £5,141 and Avg. asking rent £561.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 Bank Road, Gornal Wood, Dudley, DY3 area. In last 1 year alone average price buyer paid is around £93,750 based on approximately 2 sales in Bank Road, Gornal Wood, Dudley, DY3 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £109,900. 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 £119,357 for 7 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £119,357 per sale.