Average Price for property in Cannon Road, Wombourne, Wolverhampton, WV5 is around £252,380 which varies based on type of property you are interested in and ranges from £300,506 for detached house to around £211,128 for semi-detached. Values have been changing and have risen £746 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,320 in last 6 months, £7,222 in last 1 year, £18,091 in last 2 years, £19,931 in last 3 years, £17,535 in last 4 years and £13,217 in last 5 years.
Currently average asking price of a property in Cannon Road, Wombourne, Wolverhampton, WV5 is around £326,925 based on approximately 1 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £643 per month.
Estimated property value in Cannon Road, Wombourne, Wolverhampton, WV5 is £252,380. Average asking price is £326,925 while average price paid is £330,000 which is up by £7,222 and Avg. asking rent £643.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 Cannon Road, Wombourne, Wolverhampton, WV5 area. In last 1 year alone average price buyer paid is around £330,000 based on approximately 1 sales in Cannon Road, Wombourne, Wolverhampton, WV5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £260,000. 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 £224,989 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £224,989 per sale.