Tamworth

Area Guide For Tamworth

Tamworth is a town and larger local government district in Staffordshire, England, located 14 miles (23 km) north-east of Birmingham city centre and 103 miles (166 km) north-west of London. The town takes its name from the River Tame, which flows through the town, as does the River Anker. At the 2001 census the town had a population of 74,531. Tamworth is the second largest settlement after Stoke-on-Trent and the largest town in Staffordshire. Tamworth is the home of the historic Tamworth Castle and Moat House, and has a non-league football team, Tamworth FC. The Snowdome, the UK's first full-sized real-snow indoor ski slope is located in Tamworth, and only a short distance away is Drayton Manor Theme Park. The town's main industries include logistics, engineering, clothing, brick, tile and paper manufacture. It was also home to the Reliant car company, which produced the famous three-wheeled Robin model and the Scimitar sports car for several decades. Tamworth has existed since Saxon times and in the reign of King Offa, was the capital of Mercia the largest of all English kingdoms of its time (see Heptarchy). It was by far the largest town in the English Midlands when today's

 
 

Tamworth Map

Estimated Price: £182,546
Average Asking Price: £224,795
Price change in last one year: £13,322
Average Price Paid: £156,810
Average Rent Rates: £1,447

 
 

Property Prices Breakdown in Tamworth

Average Price for property in Tamworth is around £182,546 which varies based on type of property you are interested in and ranges from £265,111 for detached house to around £158,501 for semi-detached. Similarly terraced house is around £133,028 and a flat is worth £118,233. Values have been changing and have risen £1,228 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,207 in last 6 months, £13,322 in last 1 year, £23,930 in last 2 years, £19,951 in last 3 years, £23,040 in last 4 years and £16,693 in last 5 years.

Currently average asking price of a property in Tamworth is around £224,795 based on approximately 1,139 properties for sale. Same is the case with rental options based on 89 properties up for rent, average asking rent is around £1,447 per month.

Estimated property value in Tamworth is £182,546. Average asking price is £224,795 while average price paid is £162,440 which is up by £13,322 and Avg. asking rent £1,447.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 Tamworth area. In last 1 year alone average price buyer paid is around £162,440 based on approximately 1,139 sales in Tamworth area alone. If you compare it to last 3 years sales of 3,222 properties where buyers paid around £157,671. 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 £156,810 for 5,002 and average amount paid for purchase of approx. 6,908 properties sold in last 7 years comes to about £157,498 per sale.

 
 

Properties For Sale in Tamworth

 
 

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 1 bedroom is around £108,988, £165,261 for a 2 bedroom house, £191,991 for a 3 bedroom house, £323,736 for a 4 bedroom house and £439,983 for a 5 bedroom house. For a flat similarly the prices varies from £86,983 for a single bedroom to £127,395 for a 2 bedroom Flat. To sum up the asking prices for properties in Tamworth it comes to around average £92,484 for 1 bedroom property, £154,967 for 2 bedroom, £191,991 for 3 bedroom, £323,736 for 4 bedroom and £439,983 for a 5 bedroom property.

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 £581 for 1 bedroom to £609 for 2 bedrooms, £706 for 3 bedrooms, £1,234 for 4 bedrooms and £1,599 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £488. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £709. You should be generally be expecting around average £506 rent per month for single bedroom property, £638 for 2 bedroom, £706 for 3 bedroom, £1,234 for 4 bedroom and approximately £1,599 for a 5 bedroom property in Tamworth area.

Popular Houses in Tamworth

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.

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