Brookes Meadow, Tipton, DY4

Street Guide For Brookes Meadow, Tipton, DY4

 

Brookes Meadow, Tipton, DY4 Map

Estimated Price: £190,130
Average Asking Price: £127,368
Price change in last one year: £11,016
Average Price Paid: £166,595
Average Rent Rates: £450

 

Property Prices Breakdown in Brookes Meadow, Tipton, DY4

Average Price for property in Brookes Meadow, Tipton, DY4 is around £190,130 which varies based on type of property you are interested in and ranges from £207,745 for detached house to around £150,995 for semi-detached. Similarly terraced house is around £143,644. Values have been changing and have risen £242 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,287 in last 6 months, £11,016 in last 1 year, £14,295 in last 2 years, £15,328 in last 3 years, £9,917 in last 4 years and £6,175 in last 5 years.

Currently average asking price of a property in Brookes Meadow, Tipton, DY4 is around £127,368 based on approximately 2 properties for sale. Same is the case with rental options based on 84 properties up for rent, average asking rent is around £450 per month.

Estimated property value in Brookes Meadow, Tipton, DY4 is £190,130. Average asking price is £127,368 while average price paid is £137,500 which is up by £11,016 and Avg. asking rent £450.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 Brookes Meadow, Tipton, DY4 area. In last 1 year alone average price buyer paid is around £137,500 based on approximately 2 sales in Brookes Meadow, Tipton, DY4 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £171,474. 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 £166,595 for 23 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £166,595 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 £56,000, £99,792 for a 2 bedroom house, £131,639 for a 3 bedroom house, £188,341 for a 4 bedroom house and £268,750 for a 5 bedroom house. For a flat similarly the prices varies from £59,489 for a single bedroom to £87,469 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £50,000. To sum up the asking prices for properties in Brookes Meadow, Tipton, DY4 it comes to around average £59,264 for 1 bedroom property, £96,369 for 2 bedroom, £131,064 for 3 bedroom, £188,341 for 4 bedroom and £268,750 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 £418 for 1 bedroom to £540 for 2 bedroom, £532 for 3 bedroom and £867 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £367. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £504 and £425 for 3 bedroom. You should be generally be expecting around average £380 rent per month for single bedroom property, £516 for 2 bedroom, £492 for 3 bedroom and approximately £867 for 4 bedroom property in Brookes Meadow, Tipton, DY4 area.

Popular Houses in Brookes Meadow, Tipton, DY4

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 Brookes Meadow, Tipton, DY4