Dudley

Area Guide For Dudley

Dudley is a huge town in the West Midlands of England, 6 miles (9.7 km) south-east of Wolverhampton and 8 miles (13 km) north-west of Birmingham. The town is the authoritative focus of the Metropolitan Borough of Dudley and in 2011 had a populace of 79,379. However, this figure avoids zones, for example, Sedgley and Gornal which under past approach were incorporated in the town. The Dudley urban sub-division up territory has a populace of 194,919, while the more extensive metropolitan district has a populace of 312,900 (see demography). Dudley is now and then called the capital of the Black Country. Dudley town focus has battled lately, with a large number of its inconveniences being ascribed to the Merry Hill Shopping Center 2.5 miles (4.0 km) away at Brierley Hill which brought about various real retailers and organizations to move out of the town focus. Vacation destinations incorporate Dudley Zoo, Dudley Castle, the Black Country Living Museum and the memorable commercial center.

 
 

Dudley Map

Estimated Price: £147,833
Average Asking Price: £134,874
Price change in last one year: £7,638
Average Price Paid: £128,459
Average Rent Rates: £575

 
 

Property Prices Breakdown in Dudley

Average Price for property in Dudley is around £147,833 which varies based on type of property you are interested in and ranges from £230,572 for detached house to around £131,499 for semi-detached. Similarly terraced house is around £112,759 and a flat is worth £100,951. Values have been changing and have risen £400 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,564 in last 6 months, £7,638 in last 1 year, £19,019 in last 2 years, £14,489 in last 3 years, £12,319 in last 4 years and £12,386 in last 5 years.

Currently average asking price of a property in Dudley is around £134,874 based on approximately 865 properties for sale. Same is the case with rental options based on 136 properties up for rent, average asking rent is around £575 per month.

Estimated property value in Dudley is £147,833. Average asking price is £134,874 while average price paid is £133,235 which is up by £7,638 and Avg. asking rent £575.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 Dudley area. In last 1 year alone average price buyer paid is around £133,235 based on approximately 865 sales in Dudley area alone. If you compare it to last 3 years sales of 2,687 properties where buyers paid around £129,992. 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 £128,459 for 4,341 and average amount paid for purchase of approx. 5,985 properties sold in last 7 years comes to about £129,352 per sale.

 
 

Properties For Sale in Dudley

 
 

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 £89,164, £106,570 for a 2 bedroom house, £136,716 for a 3 bedroom house, £219,009 for a 4 bedroom house and £235,994 for a 5 bedroom house. For a flat similarly the prices varies from £66,831 for a single bedroom to £112,361 for a 2 bedroom Flat. To sum up the asking prices for properties in Dudley it comes to around average £71,794 for 1 bedroom property, £107,853 for 2 bedroom, £136,716 for 3 bedroom, £219,009 for 4 bedroom and £235,994 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 £336 for 1 bedroom to £522 for 2 bedrooms, £559 for 3 bedrooms, £688 for 4 bedrooms and £691 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £394. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £512. You should be generally be expecting around average £379 rent per month for single bedroom property, £518 for 2 bedroom, £559 for 3 bedroom, £688 for 4 bedroom and approximately £691 for a 5 bedroom property in Dudley area.

Popular Houses in Dudley

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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