Foundry Lane, Pelsall, Walsall, WS3

Street Guide For Foundry Lane, Pelsall, Walsall, WS3

 

Foundry Lane, Pelsall, Walsall, WS3 Map

Estimated Price: £133,209
Average Asking Price: £151,062
Price change in last one year: £7,329
Average Price Paid: £113,240
Average Rent Rates: £555

 

Property Prices Breakdown in Foundry Lane, Pelsall, Walsall, WS3

Average Price for property in Foundry Lane, Pelsall, Walsall, WS3 is around £133,209 which varies based on type of property you are interested in and ranges from £121,694 for detached house to around £140,104 for semi-detached. Similarly terraced house is around £131,901. Values have been changing and have risen £1,390 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,383 in last 6 months, £7,329 in last 1 year, £12,033 in last 2 years, £15,722 in last 3 years, £13,486 in last 4 years and £12,754 in last 5 years.

Currently average asking price of a property in Foundry Lane, Pelsall, Walsall, WS3 is around £151,062 based on approximately 2 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 Foundry Lane, Pelsall, Walsall, WS3 is £133,209. Average asking price is £151,062 while average price paid is £128,997 which is up by £7,329 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 Foundry Lane, Pelsall, Walsall, WS3 area. In last 1 year alone average price buyer paid is around £128,997 based on approximately 2 sales in Foundry Lane, Pelsall, Walsall, WS3 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £109,486. 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 £113,240 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £114,055 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 £310,983, £106,965 for a 2 bedroom house, £139,313 for a 3 bedroom house, £212,572 for a 4 bedroom house and £257,969 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 Foundry Lane, Pelsall, Walsall, WS3 it comes to around average £174,413 for 1 bedroom property, £100,425 for 2 bedroom, £138,999 for 3 bedroom, £212,572 for 4 bedroom and £257,969 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 Foundry Lane, Pelsall, Walsall, WS3 area.

Popular Houses in Foundry Lane, Pelsall, 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 Foundry Lane, Pelsall, Walsall, WS3