Essex Street, Walsall, WS2

Street Guide For Essex Street, Walsall, WS2

 

Essex Street, Walsall, WS2 Map

Estimated Price: £82,133
Average Asking Price: £115,770
Price change in last one year: £4,054
Average Price Paid: £67,428
Average Rent Rates: £592

 

Property Prices Breakdown in Essex Street, Walsall, WS2

Values have been changing and have risen £183 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £714 in last 6 months, £4,054 in last 1 year, £6,731 in last 2 years, £8,626 in last 3 years, £6,849 in last 4 years and £5,092 in last 5 years.

Currently average asking price of a property in Essex Street, Walsall, WS2 is around £115,770 based on approximately 2 properties for sale. Same is the case with rental options based on 119 properties up for rent, average asking rent is around £592 per month.

Estimated property value in Essex Street, Walsall, WS2 is £82,133. Average asking price is £115,770 while average price paid is £61,750 which is up by £4,054 and Avg. asking rent £592.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 Essex Street, Walsall, WS2 area. In last 1 year alone average price buyer paid is around £61,750 based on approximately 2 sales in Essex Street, Walsall, WS2 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £66,000. 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 £67,428 for 7 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £63,408 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 £90,848, £117,636 for a 3 bedroom house, £172,526 for a 4 bedroom house and £201,667 for a 5 bedroom house. For a flat similarly the prices varies from £83,618 for a single bedroom to £94,281 for a 2 bedroom Flat. To sum up the asking prices for properties in Essex Street, Walsall, WS2 it comes to around average £83,618 for 1 bedroom property, £91,706 for 2 bedroom, £117,636 for 3 bedroom, £172,526 for 4 bedroom and £201,667 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 £352 for 1 bedroom to £486 for 2 bedrooms, £531 for 3 bedrooms, £598 for 4 bedrooms and £802 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £470. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £525 and £574 for 3 bedroom. You should be generally be expecting around average £460 rent per month for single bedroom property, £516 for 2 bedroom, £534 for 3 bedroom, £598 for 4 bedroom and approximately £802 for a 5 bedroom property in Essex Street, Walsall, WS2 area.

Popular Houses in Essex Street, Walsall, WS2

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 Essex Street, Walsall, WS2