Follyhouse Lane, Walsall, WS1

Street Guide For Follyhouse Lane, Walsall, WS1

 

Follyhouse Lane, Walsall, WS1 Map

Estimated Price: £150,677
Average Asking Price: £159,214
Price change in last one year: £9,903
Average Price Paid: £82,357
Average Rent Rates: £566

 

Property Prices Breakdown in Follyhouse Lane, Walsall, WS1

Average Price for property in Follyhouse Lane, Walsall, WS1 is around £150,677 which varies based on type of property you are interested in and ranges from £218,593 for detached house to around £165,671 for semi-detached. Similarly terraced house is around £125,913 and a flat is worth £94,470. Values have been changing and have risen £1,536 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,903 in last 6 months, £9,903 in last 1 year, £14,118 in last 2 years, £19,189 in last 3 years, £14,010 in last 4 years and £12,339 in last 5 years.

Currently average asking price of a property in Follyhouse Lane, Walsall, WS1 is around £159,214 based on approximately 1 properties for sale. Same is the case with rental options based on 88 properties up for rent, average asking rent is around £566 per month.

Estimated property value in Follyhouse Lane, Walsall, WS1 is £150,677. Average asking price is £159,214 while average price paid is £135,000 which is up by £9,903 and Avg. asking rent £566.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 Follyhouse Lane, Walsall, WS1 area. In last 1 year alone average price buyer paid is around £135,000 based on approximately 1 sales in Follyhouse Lane, Walsall, WS1 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £135,000. 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 £82,357 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £97,055 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 £249,950, £109,012 for a 2 bedroom house, £147,482 for a 3 bedroom house, £222,297 for a 4 bedroom house and £324,172 for a 5 bedroom house. For a flat similarly the prices varies from £71,180 for a single bedroom to £86,155 for a 2 bedroom Flat. To sum up the asking prices for properties in Follyhouse Lane, Walsall, WS1 it comes to around average £83,950 for 1 bedroom property, £96,884 for 2 bedroom, £147,482 for 3 bedroom, £222,297 for 4 bedroom and £324,172 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 £288 for 1 bedroom to £479 for 2 bedrooms, £527 for 3 bedrooms, £715 for 4 bedrooms and £199 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £367. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £510 and £650 for 3 bedroom. You should be generally be expecting around average £358 rent per month for single bedroom property, £500 for 2 bedroom, £537 for 3 bedroom, £715 for 4 bedroom and approximately £199 for a 5 bedroom property in Follyhouse Lane, Walsall, WS1 area.

Popular Houses in Follyhouse Lane, Walsall, WS1

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 Follyhouse Lane, Walsall, WS1