Drayton Lane, Drayton Bassett, Tamworth, B78

Street Guide For Drayton Lane, Drayton Bassett, Tamworth, B78

 

Drayton Lane, Drayton Bassett, Tamworth, B78 Map

Estimated Price: £304,934
Average Asking Price: £258,274
Price change in last one year: £19,921
Average Price Paid: £220,892
Average Rent Rates: £3,623

 

Property Prices Breakdown in Drayton Lane, Drayton Bassett, Tamworth, B78

Average Price for property in Drayton Lane, Drayton Bassett, Tamworth, B78 is around £304,934 which varies based on type of property you are interested in and ranges from £457,955 for detached house to around £195,119 for semi-detached. Similarly terraced house is around £231,199. Values have been changing and have risen £1,026 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,587 in last 6 months, £19,921 in last 1 year, £34,245 in last 2 years, £35,369 in last 3 years, £30,184 in last 4 years and £31,218 in last 5 years.

Currently average asking price of a property in Drayton Lane, Drayton Bassett, Tamworth, B78 is around £258,274 based on approximately 3 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £3,623 per month.

Estimated property value in Drayton Lane, Drayton Bassett, Tamworth, B78 is £304,934. Average asking price is £258,274 while average price paid is £182,833 which is up by £19,921 and Avg. asking rent £3,623.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 Drayton Lane, Drayton Bassett, Tamworth, B78 area. In last 1 year alone average price buyer paid is around £182,833 based on approximately 3 sales in Drayton Lane, Drayton Bassett, Tamworth, B78 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £223,550. 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 £220,892 for 14 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £261,247 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 1 bedroom is around £99,564, £194,819 for a 2 bedroom house, £230,938 for a 3 bedroom house, £359,645 for a 4 bedroom house and £550,544 for a 5 bedroom house. For a flat similarly the prices varies from £93,550 for a single bedroom to £107,500 for a 2 bedroom Flat. To sum up the asking prices for properties in Drayton Lane, Drayton Bassett, Tamworth, B78 it comes to around average £96,357 for 1 bedroom property, £188,797 for 2 bedroom, £230,938 for 3 bedroom, £359,645 for 4 bedroom and £550,544 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 £750 for 1 bedroom to £612 for 2 bedroom, £731 for 3 bedroom and £1,900 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £465. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £750. You should be generally be expecting around average £536 rent per month for single bedroom property, £640 for 2 bedroom, £731 for 3 bedroom and approximately £1,900 for 4 bedroom property in Drayton Lane, Drayton Bassett, Tamworth, B78 area.

Popular Houses in Drayton Lane, Drayton Bassett, Tamworth, B78

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 Drayton Lane, Drayton Bassett, Tamworth, B78