Bungham Lane, Penkridge, Stafford, ST19

Street Guide For Bungham Lane, Penkridge, Stafford, ST19

 

Bungham Lane, Penkridge, Stafford, ST19 Map

Estimated Price: £221,905
Average Asking Price: £365,492
Price change in last one year: £14,352
Average Price Paid: £338,862
Average Rent Rates: £841

Dixon & Co
9 Bridge Street, Stafford ST16 2HL

Free House valuation

 

Property Prices Breakdown in Bungham Lane, Penkridge, Stafford, ST19

Average Price for property in Bungham Lane, Penkridge, Stafford, ST19 is around £221,905 which varies based on type of property you are interested in and ranges from £323,232 for detached house to around £176,944 for semi-detached. Similarly terraced house is around £195,513. Values have been changing and have risen £125 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £272 in last 6 months, £14,352 in last 1 year, £16,857 in last 2 years, £17,883 in last 3 years, £17,777 in last 4 years and £18,765 in last 5 years.

Currently average asking price of a property in Bungham Lane, Penkridge, Stafford, ST19 is around £365,492 based on approximately 0 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £841 per month.

Estimated property value in Bungham Lane, Penkridge, Stafford, ST19 is £221,905. Average asking price is £365,492 while average price paid is £339,975 which is up by £17,883 and Avg. asking rent £841.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 Bungham Lane, Penkridge, Stafford, ST19 area. In last 3 years alone average price buyer paid is around £339,975 based on approximately 2 sales in Bungham Lane, Penkridge, Stafford, ST19 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £338,862. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £338,862 for 4 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 £50,000, £146,787 for a 2 bedroom house, £243,475 for a 3 bedroom house, £448,055 for a 4 bedroom house and £407,727 for a 5 bedroom house. For a flat similarly the prices varies from £45,000 for a single bedroom to £92,950 for a 2 bedroom Flat. To sum up the asking prices for properties in Bungham Lane, Penkridge, Stafford, ST19 it comes to around average £46,667 for 1 bedroom property, £140,805 for 2 bedroom, £243,475 for 3 bedroom, £448,055 for 4 bedroom and £407,727 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 £897 for 2 bedroom to £711 for 3 bedroom and £1,625 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £676. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £644. You should be generally be expecting around average £786 rent per month for 2 bedroom property, £697 for 3 bedroom and approximately £1,625 for 4 bedroom property in Bungham Lane, Penkridge, Stafford, ST19 area.

Popular Houses in Bungham Lane, Penkridge, Stafford, ST19

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 Bungham Lane, Penkridge, Stafford, ST19