Bower Close, Lichfield, WS13

Street Guide For Bower Close, Lichfield, WS13

 

Bower Close, Lichfield, WS13 Map

Estimated Price: £140,909
Average Asking Price: £279,058
Price change in last one year: £10,827
Average Price Paid: £122,166
Average Rent Rates: £1,243

 

Property Prices Breakdown in Bower Close, Lichfield, WS13

Average Price for property in Bower Close, Lichfield, WS13 is around £140,909 e.g. average price for terraced house is around 140,909. Values have been changing and have risen £1,641 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,536 in last 6 months, £10,827 in last 1 year, £16,472 in last 2 years, £17,823 in last 3 years, £16,027 in last 4 years and £13,609 in last 5 years.

Currently average asking price of a property in Bower Close, Lichfield, WS13 is around £279,058 based on approximately 1 properties for sale. Same is the case with rental options based on 48 properties up for rent, average asking rent is around £1,243 per month.

Estimated property value in Bower Close, Lichfield, WS13 is £140,909. Average asking price is £279,058 while average price paid is £141,500 which is up by £10,827 and Avg. asking rent £1,243.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 Bower Close, Lichfield, WS13 area. In last 1 year alone average price buyer paid is around £141,500 based on approximately 1 sales in Bower Close, Lichfield, WS13 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £123,250. 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 £122,166 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £122,166 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 £101,667, £210,396 for a 2 bedroom house, £254,307 for a 3 bedroom house, £425,817 for a 4 bedroom house and £389,490 for a 5 bedroom house. For a flat similarly the prices varies from £98,317 for a single bedroom to £170,123 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £250,000. To sum up the asking prices for properties in Bower Close, Lichfield, WS13 it comes to around average £99,992 for 1 bedroom property, £189,454 for 2 bedroom, £254,184 for 3 bedroom, £425,817 for 4 bedroom and £389,490 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 £376 for 1 bedroom to £592 for 2 bedrooms, £799 for 3 bedrooms, £1,219 for 4 bedrooms and £1,794 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £545. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £632, £997 for 3 bedroom and £949 for 4 bedroom. You should be generally be expecting around average £454 rent per month for single bedroom property, £621 for 2 bedroom, £821 for 3 bedroom, £1,142 for 4 bedroom and approximately £1,794 for a 5 bedroom property in Bower Close, Lichfield, WS13 area.

Popular Houses in Bower Close, Lichfield, WS13

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 Bower Close, Lichfield, WS13