Fair Lawn, Albrighton, Wolverhampton, WV7

Street Guide For Fair Lawn, Albrighton, Wolverhampton, WV7

 

Fair Lawn, Albrighton, Wolverhampton, WV7 Map

Estimated Price: £221,940
Average Asking Price: £331,457
Price change in last one year: £6,100
Average Price Paid: £177,285
Average Rent Rates: £629

 

Property Prices Breakdown in Fair Lawn, Albrighton, Wolverhampton, WV7

Average Price for property in Fair Lawn, Albrighton, Wolverhampton, WV7 is around £221,940 which varies based on type of property you are interested in and ranges from £258,861 for detached house to around £198,400 for semi-detached. Similarly terraced house is around £214,173. Values have been changing and have risen £324 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,550 in last 6 months, £6,100 in last 1 year, £17,690 in last 2 years, £21,606 in last 3 years, £16,127 in last 4 years and £14,204 in last 5 years.

Currently average asking price of a property in Fair Lawn, Albrighton, Wolverhampton, WV7 is around £331,457 based on approximately 2 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £629 per month.

Estimated property value in Fair Lawn, Albrighton, Wolverhampton, WV7 is £221,940. Average asking price is £331,457 while average price paid is £156,000 which is up by £6,100 and Avg. asking rent £629.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 Fair Lawn, Albrighton, Wolverhampton, WV7 area. In last 1 year alone average price buyer paid is around £156,000 based on approximately 2 sales in Fair Lawn, Albrighton, Wolverhampton, WV7 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £167,400. 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 £177,285 for 7 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £177,500 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 £124,250, £297,129 for a 3 bedroom house, £395,000 for a 4 bedroom house and £1,400,000 for a 5 bedroom house. To sum up the asking prices for properties in Fair Lawn, Albrighton, Wolverhampton, WV7 it comes to around average £124,250 for 2 bedroom property, £297,129 for 3 bedroom, £395,000 for 4 bedroom and £1,400,000 for 5 bedroom.

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 is £737 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £351. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £524. You should be generally be expecting around average £351 rent per month for single bedroom property, £524 for 2 bedroom and approximately £736 for 3 bedroom property in Fair Lawn, Albrighton, Wolverhampton, WV7 area.

Popular Houses in Fair Lawn, Albrighton, Wolverhampton, WV7

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 Fair Lawn, Albrighton, Wolverhampton, WV7