Fallow Road, Telford, TF5

Street Guide For Fallow Road, Telford, TF5

 

Fallow Road, Telford, TF5 Map

Estimated Price: £224,114
Average Asking Price: £266,893
Price change in last one year: £9,248
Average Price Paid: £165,000
Average Rent Rates: £743

 

Property Prices Breakdown in Fallow Road, Telford, TF5

Average Price for property in Fallow Road, Telford, TF5 is around £224,114 which varies based on type of property you are interested in and ranges from £227,121 for detached house to around £216,599 for semi-detached. Values have been changing and have risen £810 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,310 in last 6 months, £9,248 in last 1 year, £17,104 in last 2 years, £23,856 in last 3 years, £22,659 in last 4 years and £19,242 in last 5 years.

Currently average asking price of a property in Fallow Road, Telford, TF5 is around £266,893 based on approximately 0 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £743 per month.

Estimated property value in Fallow Road, Telford, TF5 is £224,114. Average asking price is £266,893 while average price paid is £165,000 which is up by £23,856 and Avg. asking rent £743.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 Fallow Road, Telford, TF5 area. In last 3 years alone average price buyer paid is around £165,000 based on approximately 1 sales in Fallow Road, Telford, TF5 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £165,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £165,000 for 1 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 £152,486, £149,859 for a 3 bedroom house, £285,127 for a 4 bedroom house and £395,832 for a 5 bedroom house. To sum up the asking prices for properties in Fallow Road, Telford, TF5 it comes to around average £152,486 for 2 bedroom property, £149,859 for 3 bedroom, £285,127 for 4 bedroom and £395,832 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 can vary from £451 for 1 bedroom to £802 for 3 bedroom and £1,024 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £448. You should be generally be expecting around average £448 rent per month for single bedroom property, £802 for 3 bedroom and approximately £1,024 for 4 bedroom property in Fallow Road, Telford, TF5 area.

Popular Houses in Fallow Road, Telford, TF5

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 Fallow Road, Telford, TF5