Values have been changing and have risen £406 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,579 in last 6 months, £3,558 in last 1 year, £7,827 in last 2 years, £9,168 in last 3 years, £6,673 in last 4 years and £7,066 in last 5 years.
Currently average asking price of a property in Griffiths Drive, Wednesfield, Wolverhampton, WV11 is around £158,872 based on approximately 13 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £687 per month.
Estimated property value in Griffiths Drive, Wednesfield, Wolverhampton, WV11 is £106,121. Average asking price is £158,872 while average price paid is £103,538 which is up by £3,558 and Avg. asking rent £687.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 Griffiths Drive, Wednesfield, Wolverhampton, WV11 area. In last 1 year alone average price buyer paid is around £103,538 based on approximately 13 sales in Griffiths Drive, Wednesfield, Wolverhampton, WV11 area alone. If you compare it to last 3 years sales of 22 properties where buyers paid around £96,000. 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 £95,900 for 30 and average amount paid for purchase of approx. 39 properties sold in last 7 years comes to about £93,973 per sale.