Chase Road, Burntwood, WS7

Street Guide For Chase Road, Burntwood, WS7

 

Chase Road, Burntwood, WS7 Map

Estimated Price: £168,538
Average Asking Price: £213,044
Price change in last one year: £11,626
Average Price Paid: £138,069
Average Rent Rates: £740

 

Property Prices Breakdown in Chase Road, Burntwood, WS7

Average Price for property in Chase Road, Burntwood, WS7 is around £168,538 which varies based on type of property you are interested in and ranges from £243,998 for detached house to around £158,371 for semi-detached. Similarly terraced house is around £136,483 and a flat is worth £94,520. Values have been changing and have risen £1,469 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,814 in last 6 months, £11,626 in last 1 year, £16,741 in last 2 years, £19,750 in last 3 years, £16,250 in last 4 years and £14,984 in last 5 years.

Currently average asking price of a property in Chase Road, Burntwood, WS7 is around £213,044 based on approximately 9 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £740 per month.

Estimated property value in Chase Road, Burntwood, WS7 is £168,538. Average asking price is £213,044 while average price paid is £147,620 which is up by £11,626 and Avg. asking rent £740.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 Chase Road, Burntwood, WS7 area. In last 1 year alone average price buyer paid is around £147,620 based on approximately 9 sales in Chase Road, Burntwood, WS7 area alone. If you compare it to last 3 years sales of 26 properties where buyers paid around £143,333. 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 £138,069 for 38 and average amount paid for purchase of approx. 52 properties sold in last 7 years comes to about £142,931 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 £149,400, £179,357 for a 3 bedroom house, £307,649 for a 4 bedroom house and £418,000 for a 5 bedroom house. For a flat similarly the prices varies from £109,930 for a 2 bedroom to £249,950 for a 3 bedroom Flat. To sum up the asking prices for properties in Chase Road, Burntwood, WS7 it comes to around average £142,352 for 2 bedroom property, £180,251 for 3 bedroom, £307,649 for 4 bedroom and £418,000 for 5 bedroom.

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 £679 for 2 bedroom to £658 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £468. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £500 and £598 for 3 bedroom. You should be generally be expecting around average £468 rent per month for single bedroom property, £554 for 2 bedroom and approximately £653 for 3 bedroom property in Chase Road, Burntwood, WS7 area.

Popular Houses in Chase Road, Burntwood, WS7

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 Chase Road, Burntwood, WS7