Hobs Road, Wednesbury, WS10

Street Guide For Hobs Road, Wednesbury, WS10

 
 

Hobs Road, Wednesbury, WS10 Map

Estimated Price: £131,034
Average Asking Price: £127,859
Price change in last one year: £8,135
Average Price Paid: £127,625
Average Rent Rates: £699

Black Country Homes Ltd
58 Birmingham Street Oldbury West Midlands B69 4DZ

Free House valuation

 

Property Prices Breakdown in Hobs Road, Wednesbury, WS10

Average Price for property in Hobs Road, Wednesbury, WS10 is around £131,034 which varies based on type of property you are interested in and ranges from £191,747 for detached house to around £137,682 for semi-detached. Similarly terraced house is around £82,108 and a flat is worth £79,986. Values have been changing and have risen £807 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,443 in last 6 months, £8,135 in last 1 year, £11,622 in last 2 years, £15,310 in last 3 years, £11,444 in last 4 years and £9,172 in last 5 years.

Currently average asking price of a property in Hobs Road, Wednesbury, WS10 is around £127,859 based on approximately 0 properties for sale. Same is the case with rental options based on 124 properties up for rent, average asking rent is around £699 per month.

Estimated property value in Hobs Road, Wednesbury, WS10 is £131,034. Average asking price is £127,859 while average price paid is £127,125 which is up by £15,310 and Avg. asking rent £699.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 Hobs Road, Wednesbury, WS10 area. In last 3 years alone average price buyer paid is around £127,125 based on approximately 4 sales in Hobs Road, Wednesbury, WS10 area alone. If you compare it to last 5 years sales of 8 properties where buyers paid around £127,625. 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 £131,100 for 10 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 £98,249, £116,958 for a 3 bedroom house, £176,609 for a 4 bedroom house and £309,999 for a 5 bedroom house. For a flat similarly the prices varies from £58,300 for a single bedroom to £81,090 for a 2 bedroom Flat. To sum up the asking prices for properties in Hobs Road, Wednesbury, WS10 it comes to around average £58,300 for 1 bedroom property, £92,734 for 2 bedroom, £116,958 for 3 bedroom, £176,609 for 4 bedroom and £309,999 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 £359 for 1 bedroom to £501 for 2 bedroom, £561 for 3 bedroom and £604 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £375. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £473 and £394 for 3 bedroom. You should be generally be expecting around average £367 rent per month for single bedroom property, £486 for 2 bedroom, £555 for 3 bedroom and approximately £604 for 4 bedroom property in Hobs Road, Wednesbury, WS10 area.

Popular Houses in Hobs Road, Wednesbury, WS10

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 Hobs Road, Wednesbury, WS10