Average Price for property in Covers Lane, Stourbridge, DY7 is around £253,029 which varies based on type of property you are interested in and ranges from £261,013 for detached house to around £229,082 for semi-detached. Values have been changing and have risen £661 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,624 in last 6 months, £12,433 in last 1 year, £20,182 in last 2 years, £20,080 in last 3 years, £12,542 in last 4 years and £10,723 in last 5 years.
Currently average asking price of a property in Covers Lane, Stourbridge, DY7 is around £474,084 based on approximately 1 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £714 per month.
Estimated property value in Covers Lane, Stourbridge, DY7 is £253,029. Average asking price is £474,084 while average price paid is £249,950 which is up by £12,433 and Avg. asking rent £714.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 Covers Lane, Stourbridge, DY7 area. In last 1 year alone average price buyer paid is around £249,950 based on approximately 1 sales in Covers Lane, Stourbridge, DY7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £229,975. 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 £229,975 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £226,487 per sale.