Hammond Way, Amblecote, Stourbridge, DY8

Street Guide For Hammond Way, Amblecote, Stourbridge, DY8

 

Hammond Way, Amblecote, Stourbridge, DY8 Map

Estimated Price: £218,151
Average Asking Price: £195,342
Price change in last one year: £10,337
Average Price Paid: £193,333
Average Rent Rates: £716

 

Property Prices Breakdown in Hammond Way, Amblecote, Stourbridge, DY8

Average Price for property in Hammond Way, Amblecote, Stourbridge, DY8 is around £218,151 which varies based on type of property you are interested in and ranges from £216,958 for detached house to around £222,923 for semi-detached. Values have been changing and have risen £987 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,176 in last 6 months, £10,337 in last 1 year, £15,856 in last 2 years, £16,178 in last 3 years, £10,592 in last 4 years and £9,172 in last 5 years.

Currently average asking price of a property in Hammond Way, Amblecote, Stourbridge, DY8 is around £195,342 based on approximately 1 properties for sale. Same is the case with rental options based on 54 properties up for rent, average asking rent is around £716 per month.

Estimated property value in Hammond Way, Amblecote, Stourbridge, DY8 is £218,151. Average asking price is £195,342 while average price paid is £178,000 which is up by £10,337 and Avg. asking rent £716.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 Hammond Way, Amblecote, Stourbridge, DY8 area. In last 1 year alone average price buyer paid is around £178,000 based on approximately 1 sales in Hammond Way, Amblecote, Stourbridge, DY8 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £192,500. 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 £193,333 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £193,333 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 £115,450, £137,397 for a 2 bedroom house, £177,567 for a 3 bedroom house, £302,656 for a 4 bedroom house and £417,589 for a 5 bedroom house. For a flat similarly the prices varies from £93,038 for a single bedroom to £119,971 for a 2 bedroom Flat. To sum up the asking prices for properties in Hammond Way, Amblecote, Stourbridge, DY8 it comes to around average £97,240 for 1 bedroom property, £130,222 for 2 bedroom, £177,567 for 3 bedroom, £302,656 for 4 bedroom and £417,589 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 £402 for 1 bedroom to £556 for 2 bedrooms, £712 for 3 bedrooms, £693 for 4 bedrooms and £949 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £406. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £507, £524 for 3 bedroom and £347 for 4 bedroom. You should be generally be expecting around average £404 rent per month for single bedroom property, £540 for 2 bedroom, £691 for 3 bedroom, £520 for 4 bedroom and approximately £949 for a 5 bedroom property in Hammond Way, Amblecote, Stourbridge, DY8 area.

Popular Houses in Hammond Way, Amblecote, Stourbridge, DY8

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 Hammond Way, Amblecote, Stourbridge, DY8