Drury Lane, Codsall, Wolverhampton, WV8

Street Guide For Drury Lane, Codsall, Wolverhampton, WV8

 

Drury Lane, Codsall, Wolverhampton, WV8 Map

Estimated Price: £296,063
Average Asking Price: £293,934
Price change in last one year: £11,114
Average Price Paid: £241,333
Average Rent Rates: £586

 

Property Prices Breakdown in Drury Lane, Codsall, Wolverhampton, WV8

Average Price for property in Drury Lane, Codsall, Wolverhampton, WV8 is around £296,063 which varies based on type of property you are interested in and ranges from £313,690 for detached house to around £260,726 for semi-detached. Similarly terraced house is around £278,524. Values have been changing and have risen £251 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £59 in last 6 months, £11,114 in last 1 year, £23,447 in last 2 years, £31,043 in last 3 years, £22,995 in last 4 years and £18,999 in last 5 years.

Currently average asking price of a property in Drury Lane, Codsall, Wolverhampton, WV8 is around £293,934 based on approximately 1 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £586 per month.

Estimated property value in Drury Lane, Codsall, Wolverhampton, WV8 is £296,063. Average asking price is £293,934 while average price paid is £282,000 which is up by £11,114 and Avg. asking rent £586.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 Drury Lane, Codsall, Wolverhampton, WV8 area. In last 1 year alone average price buyer paid is around £282,000 based on approximately 1 sales in Drury Lane, Codsall, Wolverhampton, WV8 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £241,333. 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 £241,333 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £241,333 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 £183,640, £219,607 for a 3 bedroom house, £337,055 for a 4 bedroom house and £606,667 for a 5 bedroom house. For a flat similarly the prices varies from £63,333 for a single bedroom to £286,390 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £105,000. To sum up the asking prices for properties in Drury Lane, Codsall, Wolverhampton, WV8 it comes to around average £63,333 for 1 bedroom property, £217,890 for 2 bedroom, £214,397 for 3 bedroom, £337,055 for 4 bedroom and £606,667 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 £563 for 2 bedroom to £639 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £467. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £560. You should be generally be expecting around average £467 rent per month for single bedroom property, £561 for 2 bedroom and approximately £639 for 3 bedroom property in Drury Lane, Codsall, Wolverhampton, WV8 area.

Popular Houses in Drury Lane, Codsall, Wolverhampton, WV8

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 Drury Lane, Codsall, Wolverhampton, WV8