Banks Street, Willenhall, WV13

Street Guide For Banks Street, Willenhall, WV13

 

Banks Street, Willenhall, WV13 Map

Estimated Price: £246,205
Average Asking Price: £121,491
Price change in last one year: £10,616
Average Price Paid: £198,149
Average Rent Rates: £847

 

Property Prices Breakdown in Banks Street, Willenhall, WV13

Average Price for property in Banks Street, Willenhall, WV13 is around £246,205 which varies based on type of property you are interested in and ranges from £283,136 for detached house to around £184,652 for semi-detached. Values have been changing and have risen £404 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £261 in last 6 months, £10,616 in last 1 year, £22,678 in last 2 years, £27,073 in last 3 years, £24,494 in last 4 years and £20,651 in last 5 years.

Currently average asking price of a property in Banks Street, Willenhall, WV13 is around £121,491 based on approximately 2 properties for sale. Same is the case with rental options based on 97 properties up for rent, average asking rent is around £847 per month.

Estimated property value in Banks Street, Willenhall, WV13 is £246,205. Average asking price is £121,491 while average price paid is £184,500 which is up by £10,616 and Avg. asking rent £847.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 Banks Street, Willenhall, WV13 area. In last 1 year alone average price buyer paid is around £184,500 based on approximately 2 sales in Banks Street, Willenhall, WV13 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £181,000. 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 £198,149 for 5 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £202,082 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 1 bedroom is around £120,000, £94,799 for a 2 bedroom house, £128,712 for a 3 bedroom house, £182,991 for a 4 bedroom house and £195,000 for a 5 bedroom house. For a flat similarly the prices varies from £66,983 for a single bedroom to £78,944 for a 2 bedroom Flat. To sum up the asking prices for properties in Banks Street, Willenhall, WV13 it comes to around average £88,190 for 1 bedroom property, £90,722 for 2 bedroom, £128,712 for 3 bedroom, £182,991 for 4 bedroom and £195,000 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 £586 for 1 bedroom to £496 for 2 bedrooms, £616 for 3 bedrooms, £736 for 4 bedrooms and £776 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £389. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £445. You should be generally be expecting around average £429 rent per month for single bedroom property, £469 for 2 bedroom, £616 for 3 bedroom, £736 for 4 bedroom and approximately £776 for a 5 bedroom property in Banks Street, Willenhall, WV13 area.

Popular Houses in Banks Street, Willenhall, WV13

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 Banks Street, Willenhall, WV13