Average Price for property in Cherry Tree Lane, Codsall, Wolverhampton, WV8 is around £129,932 which varies based on type of property you are interested in and ranges from £102,064 for detached house to around £149,103 for semi-detached. Similarly terraced house is around £126,394 and a flat is worth £106,774. Values have been changing and have risen £112 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £29 in last 6 months, £4,882 in last 1 year, £10,297 in last 2 years, £13,636 in last 3 years, £10,108 in last 4 years and £8,358 in last 5 years.
Currently average asking price of a property in Cherry Tree Lane, Codsall, Wolverhampton, WV8 is around £293,934 based on approximately 1 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £586 per month.
Estimated property value in Cherry Tree Lane, Codsall, Wolverhampton, WV8 is £129,932. Average asking price is £293,934 while average price paid is £124,995 which is up by £4,882 and Avg. asking rent £586.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 Cherry Tree Lane, Codsall, Wolverhampton, WV8 area. In last 1 year alone average price buyer paid is around £124,995 based on approximately 1 sales in Cherry Tree Lane, Codsall, Wolverhampton, WV8 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £101,997. 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 £95,331 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £106,623 per sale.