Cherwell Drive, Brownhills, Walsall, WS8

Street Guide For Cherwell Drive, Brownhills, Walsall, WS8

 

Cherwell Drive, Brownhills, Walsall, WS8 Map

Estimated Price: £129,972
Average Asking Price: £164,467
Price change in last one year: £8,625
Average Price Paid: £105,812
Average Rent Rates: £463

 

Property Prices Breakdown in Cherwell Drive, Brownhills, Walsall, WS8

Average Price for property in Cherwell Drive, Brownhills, Walsall, WS8 is around £129,972 which varies based on type of property you are interested in and ranges from £162,334 for detached house to around £139,070 for semi-detached. Similarly terraced house is around £117,785 and a flat is worth £78,515. Values have been changing and have risen £1,353 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,725 in last 6 months, £8,625 in last 1 year, £11,867 in last 2 years, £16,021 in last 3 years, £13,517 in last 4 years and £11,820 in last 5 years.

Currently average asking price of a property in Cherwell Drive, Brownhills, Walsall, WS8 is around £164,467 based on approximately 4 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £463 per month.

Estimated property value in Cherwell Drive, Brownhills, Walsall, WS8 is £129,972. Average asking price is £164,467 while average price paid is £100,000 which is up by £8,625 and Avg. asking rent £463.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 Cherwell Drive, Brownhills, Walsall, WS8 area. In last 1 year alone average price buyer paid is around £100,000 based on approximately 4 sales in Cherwell Drive, Brownhills, Walsall, WS8 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £102,000. 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 £105,812 for 8 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £104,573 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 £117,741, £150,324 for a 3 bedroom house, £237,268 for a 4 bedroom house and £262,500 for a 5 bedroom house. For a flat the prices of 2 bedroom is £93,736. To sum up the asking prices for properties in Cherwell Drive, Brownhills, Walsall, WS8 it comes to around average £108,139 for 2 bedroom property, £150,324 for 3 bedroom, £237,268 for 4 bedroom and £262,500 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 £368 for 1 bedroom to £580 for 2 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £451. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £475. You should be generally be expecting around average £410 rent per month for single bedroom property and approximately £544 for 2 bedroom property in Cherwell Drive, Brownhills, Walsall, WS8 area.

Popular Houses in Cherwell Drive, Brownhills, Walsall, WS8

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 Cherwell Drive, Brownhills, Walsall, WS8