Burnhill Green, Wolverhampton, WV6

Street Guide For Burnhill Green, Wolverhampton, WV6

 

Burnhill Green, Wolverhampton, WV6 Map

Estimated Price: £342,968
Average Asking Price: £236,925
Price change in last one year: £5,047
Average Price Paid: £315,000
Average Rent Rates: £567

 

Property Prices Breakdown in Burnhill Green, Wolverhampton, WV6

Average Price for property in Burnhill Green, Wolverhampton, WV6 is around £342,968 which varies based on type of property you are interested in and ranges from £320,288 for semi-detached to around £388,328 for a flat. Values have been changing and have risen £1,440 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,081 in last 6 months, £5,047 in last 1 year, £22,645 in last 2 years, £30,491 in last 3 years, £19,995 in last 4 years and £20,465 in last 5 years.

Currently average asking price of a property in Burnhill Green, Wolverhampton, WV6 is around £236,925 based on approximately 1 properties for sale. Same is the case with rental options based on 90 properties up for rent, average asking rent is around £567 per month.

Estimated property value in Burnhill Green, Wolverhampton, WV6 is £342,968. Average asking price is £236,925 while average price paid is £365,000 which is up by £5,047 and Avg. asking rent £567.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 Burnhill Green, Wolverhampton, WV6 area. In last 1 year alone average price buyer paid is around £365,000 based on approximately 1 sales in Burnhill Green, Wolverhampton, WV6 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £315,000. 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 £315,000 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £315,000 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 £102,500, £146,066 for a 2 bedroom house, £191,709 for a 3 bedroom house, £326,244 for a 4 bedroom house and £504,118 for a 5 bedroom house. For a flat similarly the prices varies from £86,254 for a single bedroom to £120,953 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £114,965. To sum up the asking prices for properties in Burnhill Green, Wolverhampton, WV6 it comes to around average £88,284 for 1 bedroom property, £140,326 for 2 bedroom, £190,040 for 3 bedroom, £326,244 for 4 bedroom and £504,118 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 £366 for 1 bedroom to £561 for 2 bedrooms, £605 for 3 bedrooms, £833 for 4 bedrooms and £1,185 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £410. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £505. You should be generally be expecting around average £391 rent per month for single bedroom property, £537 for 2 bedroom, £605 for 3 bedroom, £833 for 4 bedroom and approximately £1,185 for a 5 bedroom property in Burnhill Green, Wolverhampton, WV6 area.

Popular Houses in Burnhill Green, Wolverhampton, WV6

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 Burnhill Green, Wolverhampton, WV6