Average Price for property in Connaught Drive, Wombourne, Wolverhampton, WV5 is around £216,332 e.g. average price for semi-detached is around 216,332. Values have been changing and have risen £638 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,987 in last 6 months, £6,191 in last 1 year, £15,511 in last 2 years, £17,090 in last 3 years, £15,034 in last 4 years and £11,333 in last 5 years.
Currently average asking price of a property in Connaught Drive, 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 Connaught Drive, Wombourne, Wolverhampton, WV5 is £216,332. Average asking price is £326,925 while average price paid is £175,000 which is up by £6,191 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 Connaught Drive, Wombourne, Wolverhampton, WV5 area. In last 1 year alone average price buyer paid is around £175,000 based on approximately 1 sales in Connaught Drive, Wombourne, Wolverhampton, WV5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £155,000. 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 £155,000 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £161,666 per sale.