Average Price for property in Gervase Drive, Dudley, DY1 is around £224,808 which varies based on type of property you are interested in and ranges from £309,349 for detached house to around £173,218 for semi-detached. Similarly terraced house is around £181,833. Values have been changing and have risen £283 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,423 in last 6 months, £8,483 in last 1 year, £19,127 in last 2 years, £18,813 in last 3 years, £11,816 in last 4 years and £9,211 in last 5 years.
Currently average asking price of a property in Gervase Drive, Dudley, DY1 is around £132,370 based on approximately 2 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £662 per month.
Estimated property value in Gervase Drive, Dudley, DY1 is £224,808. Average asking price is £132,370 while average price paid is £217,500 which is up by £8,483 and Avg. asking rent £662.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 Gervase Drive, Dudley, DY1 area. In last 1 year alone average price buyer paid is around £217,500 based on approximately 2 sales in Gervase Drive, Dudley, DY1 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £174,332. 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 £188,299 for 10 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £196,691 per sale.