Brackenfield, Telford, TF3

Street Guide For Brackenfield, Telford, TF3

 

Brackenfield, Telford, TF3 Map

Estimated Price: £81,571
Average Asking Price: £173,125
Price change in last one year: £3,758
Average Price Paid: £74,090
Average Rent Rates: £1,515

 

Property Prices Breakdown in Brackenfield, Telford, TF3

Average Price for property in Brackenfield, Telford, TF3 is around £81,571 which varies based on type of property you are interested in and ranges from £62,946 for semi-detached to around £82,171 for terraced house. Values have been changing and have risen £302 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £745 in last 6 months, £3,758 in last 1 year, £6,039 in last 2 years, £8,788 in last 3 years, £8,165 in last 4 years and £7,599 in last 5 years.

Currently average asking price of a property in Brackenfield, Telford, TF3 is around £173,125 based on approximately 3 properties for sale. Same is the case with rental options based on 97 properties up for rent, average asking rent is around £1,515 per month.

Estimated property value in Brackenfield, Telford, TF3 is £81,571. Average asking price is £173,125 while average price paid is £83,816 which is up by £3,758 and Avg. asking rent £1,515.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 Brackenfield, Telford, TF3 area. In last 1 year alone average price buyer paid is around £83,816 based on approximately 3 sales in Brackenfield, Telford, TF3 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £76,362. 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 £74,090 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £72,241 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 £83,998, £115,613 for a 2 bedroom house, £139,142 for a 3 bedroom house, £185,714 for a 4 bedroom house and £322,500 for a 5 bedroom house. For a flat similarly the prices varies from £56,031 for a single bedroom to £71,458 for a 2 bedroom Flat. To sum up the asking prices for properties in Brackenfield, Telford, TF3 it comes to around average £61,624 for 1 bedroom property, £101,178 for 2 bedroom, £139,142 for 3 bedroom, £185,714 for 4 bedroom and £322,500 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 £371 for 1 bedroom to £560 for 2 bedrooms, £568 for 3 bedrooms, £711 for 4 bedrooms and £1,224 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £405. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £486. You should be generally be expecting around average £377 rent per month for single bedroom property, £504 for 2 bedroom, £568 for 3 bedroom, £711 for 4 bedroom and approximately £1,224 for a 5 bedroom property in Brackenfield, Telford, TF3 area.

Popular Houses in Brackenfield, Telford, TF3

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 Brackenfield, Telford, TF3