Ferndown Close, Bloxwich, Walsall, WS3

Street Guide For Ferndown Close, Bloxwich, Walsall, WS3

 

Ferndown Close, Bloxwich, Walsall, WS3 Map

Estimated Price: £294,970
Average Asking Price: £151,062
Price change in last one year: £16,223
Average Price Paid: £230,671
Average Rent Rates: £555

 

Property Prices Breakdown in Ferndown Close, Bloxwich, Walsall, WS3

Average Price for property in Ferndown Close, Bloxwich, Walsall, WS3 is around £294,970 e.g. average price for detached house is around 294,970. Values have been changing and have risen £3,077 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,703 in last 6 months, £16,223 in last 1 year, £26,632 in last 2 years, £34,793 in last 3 years, £29,836 in last 4 years and £28,209 in last 5 years.

Currently average asking price of a property in Ferndown Close, Bloxwich, Walsall, WS3 is around £151,062 based on approximately 4 properties for sale. Same is the case with rental options based on 71 properties up for rent, average asking rent is around £555 per month.

Estimated property value in Ferndown Close, Bloxwich, Walsall, WS3 is £294,970. Average asking price is £151,062 while average price paid is £232,100 which is up by £16,223 and Avg. asking rent £555.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 Ferndown Close, Bloxwich, Walsall, WS3 area. In last 1 year alone average price buyer paid is around £232,100 based on approximately 4 sales in Ferndown Close, Bloxwich, Walsall, WS3 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £232,628. 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 £230,671 for 14 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £225,355 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 £310,983, £107,419 for a 2 bedroom house, £139,360 for a 3 bedroom house, £212,676 for a 4 bedroom house and £256,641 for a 5 bedroom house. For a flat similarly the prices varies from £71,985 for a single bedroom to £84,327 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £89,995. To sum up the asking prices for properties in Ferndown Close, Bloxwich, Walsall, WS3 it comes to around average £174,413 for 1 bedroom property, £100,893 for 2 bedroom, £139,043 for 3 bedroom, £212,676 for 4 bedroom and £256,641 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 £339 for 1 bedroom to £517 for 2 bedroom, £598 for 3 bedroom and £730 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £392. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £445 and £477 for 3 bedroom. You should be generally be expecting around average £377 rent per month for single bedroom property, £472 for 2 bedroom, £587 for 3 bedroom and approximately £730 for 4 bedroom property in Ferndown Close, Bloxwich, Walsall, WS3 area.

Popular Houses in Ferndown Close, Bloxwich, Walsall, WS3

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 Ferndown Close, Bloxwich, Walsall, WS3