Birmingham Road, Wolverhampton, WV2

Street Guide For Birmingham Road, Wolverhampton, WV2

 

Birmingham Road, Wolverhampton, WV2 Map

Estimated Price: £79,265
Average Asking Price: £143,745
Price change in last one year: £766
Average Price Paid: £78,285
Average Rent Rates: £659

 

Property Prices Breakdown in Birmingham Road, Wolverhampton, WV2

Average Price for property in Birmingham Road, Wolverhampton, WV2 is around £79,265 which varies based on type of property you are interested in and ranges from £99,109 for semi-detached to around £78,438 for terraced house. Values have been changing and have risen £418 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,525 in last 6 months, £766 in last 1 year, £4,700 in last 2 years, £6,741 in last 3 years, £6,396 in last 4 years and £5,756 in last 5 years.

Currently average asking price of a property in Birmingham Road, Wolverhampton, WV2 is around £143,745 based on approximately 1 properties for sale. Same is the case with rental options based on 113 properties up for rent, average asking rent is around £659 per month.

Estimated property value in Birmingham Road, Wolverhampton, WV2 is £79,265. Average asking price is £143,745 while average price paid is £69,000 which is up by £766 and Avg. asking rent £659.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 Birmingham Road, Wolverhampton, WV2 area. In last 1 year alone average price buyer paid is around £69,000 based on approximately 1 sales in Birmingham Road, Wolverhampton, WV2 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £76,375. 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 £78,285 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £80,438 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 £79,853, £122,906 for a 3 bedroom house and £201,768 for a 4 bedroom house. For a flat similarly the prices varies from £64,567 for a single bedroom to £87,983 for a 2 bedroom Flat. To sum up the asking prices for properties in Birmingham Road, Wolverhampton, WV2 it comes to around average £64,567 for 1 bedroom property, £82,292 for 2 bedroom, £122,906 for 3 bedroom and £201,768 for 4 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 can vary from £483 for 1 bedroom to £486 for 2 bedroom, £527 for 3 bedroom and £738 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £382. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £469 and £594 for 3 bedroom. You should be generally be expecting around average £408 rent per month for single bedroom property, £481 for 2 bedroom, £529 for 3 bedroom and approximately £738 for 4 bedroom property in Birmingham Road, Wolverhampton, WV2 area.

Popular Houses in Birmingham Road, Wolverhampton, WV2

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 Birmingham Road, Wolverhampton, WV2