Farndale Close, Brierley Hill, DY5

Street Guide For Farndale Close, Brierley Hill, DY5

 

Farndale Close, Brierley Hill, DY5 Map

Estimated Price: £175,266
Average Asking Price: £130,515
Price change in last one year: £7,542
Average Price Paid: £175,416
Average Rent Rates: £808

 

Property Prices Breakdown in Farndale Close, Brierley Hill, DY5

Average Price for property in Farndale Close, Brierley Hill, DY5 is around £175,266 which varies based on type of property you are interested in and ranges from £193,904 for detached house to around £155,675 for semi-detached. Similarly terraced house is around £127,928. Values have been changing and have risen £318 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £693 in last 6 months, £7,542 in last 1 year, £10,130 in last 2 years, £13,175 in last 3 years, £7,148 in last 4 years and £5,900 in last 5 years.

Currently average asking price of a property in Farndale Close, Brierley Hill, DY5 is around £130,515 based on approximately 2 properties for sale. Same is the case with rental options based on 76 properties up for rent, average asking rent is around £808 per month.

Estimated property value in Farndale Close, Brierley Hill, DY5 is £175,266. Average asking price is £130,515 while average price paid is £187,500 which is up by £7,542 and Avg. asking rent £808.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 Farndale Close, Brierley Hill, DY5 area. In last 1 year alone average price buyer paid is around £187,500 based on approximately 2 sales in Farndale Close, Brierley Hill, DY5 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £176,900. 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 £175,416 for 6 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £168,888 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 1 bedroom is around £96,100, £109,283 for a 2 bedroom house, £136,443 for a 3 bedroom house, £207,346 for a 4 bedroom house and £270,808 for a 5 bedroom house. For a flat similarly the prices varies from £76,476 for a single bedroom to £95,979 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £88,500. To sum up the asking prices for properties in Farndale Close, Brierley Hill, DY5 it comes to around average £78,541 for 1 bedroom property, £104,900 for 2 bedroom, £135,879 for 3 bedroom, £207,346 for 4 bedroom and £270,808 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 £327 for 1 bedroom to £498 for 2 bedroom, £581 for 3 bedroom and £804 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £348. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £437 and £399 for 3 bedroom. You should be generally be expecting around average £345 rent per month for single bedroom property, £475 for 2 bedroom, £550 for 3 bedroom and approximately £804 for 4 bedroom property in Farndale Close, Brierley Hill, DY5 area.

Popular Houses in Farndale Close, Brierley Hill, DY5

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 Farndale Close, Brierley Hill, DY5