Broad Lanes, Bilston, WV14

Street Guide For Broad Lanes, Bilston, WV14

 

Broad Lanes, Bilston, WV14 Map

Estimated Price: £100,136
Average Asking Price: £128,603
Price change in last one year: £2,156
Average Price Paid: £80,000
Average Rent Rates: £503

 

Property Prices Breakdown in Broad Lanes, Bilston, WV14

Average Price for property in Broad Lanes, Bilston, WV14 is around £100,136 which varies based on type of property you are interested in and ranges from £102,960 for detached house to around £85,402 for semi-detached. Similarly terraced house is around £94,153. Values have been changing and have risen £311 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £838 in last 6 months, £2,156 in last 1 year, £6,625 in last 2 years, £8,366 in last 3 years, £7,124 in last 4 years and £6,376 in last 5 years.

Currently average asking price of a property in Broad Lanes, Bilston, WV14 is around £128,603 based on approximately 2 properties for sale. Same is the case with rental options based on 100 properties up for rent, average asking rent is around £503 per month.

Estimated property value in Broad Lanes, Bilston, WV14 is £100,136. Average asking price is £128,603 while average price paid is £72,500 which is up by £2,156 and Avg. asking rent £503.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 Broad Lanes, Bilston, WV14 area. In last 1 year alone average price buyer paid is around £72,500 based on approximately 2 sales in Broad Lanes, Bilston, WV14 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £76,666. 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 £80,000 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £88,500 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 £78,742, £108,396 for a 2 bedroom house, £136,340 for a 3 bedroom house, £190,302 for a 4 bedroom house and £319,950 for a 5 bedroom house. For a flat similarly the prices varies from £63,894 for a single bedroom to £70,686 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £68,975. To sum up the asking prices for properties in Broad Lanes, Bilston, WV14 it comes to around average £69,462 for 1 bedroom property, £102,657 for 2 bedroom, £135,104 for 3 bedroom, £190,302 for 4 bedroom and £319,950 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 £306 for 1 bedroom to £507 for 2 bedroom, £552 for 3 bedroom and £793 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £386. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £476, £500 for 3 bedroom and £524 for 4 bedroom. You should be generally be expecting around average £367 rent per month for single bedroom property, £484 for 2 bedroom, £545 for 3 bedroom, £524 for 4 bedroom and approximately £793 for a 5 bedroom property in Broad Lanes, Bilston, WV14 area.

Popular Houses in Broad Lanes, Bilston, WV14

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 Broad Lanes, Bilston, WV14