Cedar Park Road, Willenhall, WV12

Street Guide For Cedar Park Road, Willenhall, WV12

 

Cedar Park Road, Willenhall, WV12 Map

Estimated Price: £145,621
Average Asking Price: £152,939
Price change in last one year: £5,729
Average Price Paid: £139,750
Average Rent Rates: £566

 

Property Prices Breakdown in Cedar Park Road, Willenhall, WV12

Average Price for property in Cedar Park Road, Willenhall, WV12 is around £145,621 which varies based on type of property you are interested in and ranges from £163,491 for detached house to around £159,197 for semi-detached. Similarly terraced house is around £117,398. Values have been changing and have risen £224 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,181 in last 6 months, £5,729 in last 1 year, £13,980 in last 2 years, £15,147 in last 3 years, £11,885 in last 4 years and £9,911 in last 5 years.

Currently average asking price of a property in Cedar Park Road, Willenhall, WV12 is around £152,939 based on approximately 1 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £566 per month.

Estimated property value in Cedar Park Road, Willenhall, WV12 is £145,621. Average asking price is £152,939 while average price paid is £142,000 which is up by £5,729 and Avg. asking rent £566.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 Cedar Park Road, Willenhall, WV12 area. In last 1 year alone average price buyer paid is around £142,000 based on approximately 1 sales in Cedar Park Road, Willenhall, WV12 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £139,750. 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 £139,750 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £139,750 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 2 bedroom is around £120,795, £141,552 for a 3 bedroom house, £220,801 for a 4 bedroom house and £240,606 for a 5 bedroom house. For a flat similarly the prices varies from £65,000 for a single bedroom to £79,188 for a 2 bedroom Flat. To sum up the asking prices for properties in Cedar Park Road, Willenhall, WV12 it comes to around average £65,000 for 1 bedroom property, £112,036 for 2 bedroom, £141,552 for 3 bedroom, £220,801 for 4 bedroom and £240,606 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 £550 for 1 bedroom to £537 for 2 bedroom, £601 for 3 bedroom and £1,001 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £416. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £475 and £498 for 3 bedroom. You should be generally be expecting around average £450 rent per month for single bedroom property, £506 for 2 bedroom, £591 for 3 bedroom and approximately £1,001 for 5 bedroom property in Cedar Park Road, Willenhall, WV12 area.

Popular Houses in Cedar Park Road, Willenhall, WV12

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 Cedar Park Road, Willenhall, WV12