Forest Close, Telford, TF5

Street Guide For Forest Close, Telford, TF5

 

Forest Close, Telford, TF5 Map

Estimated Price: £149,770
Average Asking Price: £266,893
Price change in last one year: £6,182
Average Price Paid: £161,125
Average Rent Rates: £743

 

Property Prices Breakdown in Forest Close, Telford, TF5

Average Price for property in Forest Close, Telford, TF5 is around £149,770 which varies based on type of property you are interested in and ranges from £179,392 for detached house to around £141,692 for semi-detached. Values have been changing and have risen £542 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £877 in last 6 months, £6,182 in last 1 year, £11,435 in last 2 years, £15,947 in last 3 years, £15,148 in last 4 years and £12,866 in last 5 years.

Currently average asking price of a property in Forest Close, 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 Forest Close, Telford, TF5 is £149,770. Average asking price is £266,893 while average price paid is £167,000 which is up by £15,947 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 Forest Close, Telford, TF5 area. In last 3 years alone average price buyer paid is around £167,000 based on approximately 1 sales in Forest Close, Telford, TF5 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £161,125. 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 £131,450 for 5 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 Forest Close, 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 Forest Close, Telford, TF5 area.

Popular Houses in Forest Close, 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 Forest Close, Telford, TF5